Rupix

Electricity futures (NSE)

Electricity futures trade on the NSE under the symbol ELECMBL. It is quoted in rupees per MWh. One lot is 50 MWh, and the price moves in steps of ₹1 per MWh. Three contracts are currently open, the nearest expiring on 27 November 2026. Rupix publishes the live price, day range, open interest and contract specifications on this page for information only.

Electricity futures on the NSE last traded at ₹3,960 per MWh, up ₹184 (+4.87%) on the day, as of 3 November 2026 at 8:48 pm IST.

Electricity 27 Nov Fut contract today

Last traded price
₹3,960 per MWh
Open
₹3,795
High
₹3,948
Low
₹3,795
Previous close
₹3,776
Volume
10,500 lots
Open interest
134 lots (-21 on the day)
Circuit limits
₹3,550 to ₹4,002
Expiry
27 November 2026

Contract specification

Exchange
NSE
Symbol
ELECMBL
Quoted per
MWh
Lot size
50 MWh (50 units of MWh)
Tick size
₹1 per MWh
One tick on one lot
₹50
Maximum order size
2,500 MWh
Options available
No
Active contracts
3

Every active contract

ContractExpiryLast tradedOpen interestVolume
Electricity 27 Nov Fut27 November 2026₹3,96013410,500
Electricity 30 Dec Fut30 December 2026₹3,877
Electricity 29 Jan Fut29 January 2027₹3,903

Prices per MWh; open interest and volume in lots.

Electricity on the NSE and the MCX

The NSE contract was listed after commodity derivatives were opened to the equity exchanges in 2018 and trades thinner than the MCX contract, which carries most of India's volume and open interest in electricity. The specification is the same and the two prices track each other within the cost of arbitrage; a trader already on an equity broker's NSE segment can use this contract without a separate commodity account. Today the MCX front contract last traded at ₹4,567 per MWh against ₹3,960 here.

What moves the electricity price, and how the contract is used: the full guide on the MCX Electricity page

Common questions about Electricity futures

What is the lot size of Electricity futures?

One Electricity futures contract on the NSE covers 50 MWh. That is the smallest quantity that can be traded, so one tick of ₹1 per MWh moves the value of a lot by ₹50.

What is the tick size of Electricity futures?

The price moves in steps of ₹1 per MWh. A one-tick move is the smallest change the exchange will quote, and it is worth that step multiplied by the contract's lot size.

When does the current Electricity contract expire?

The nearest Electricity contract on the NSE expires on 27 November 2026. Each contract settles on its own expiry date, and this page lists every open contract with its own, so a position can be rolled into a later month before the near one runs out.