Date:10/01/2009 URL: http://www.thehindu.com/2009/01/10/stories/2009011055671600.htm

Business

Joins global league in electricity futures

MUMBAI: India on Friday joined the global league offering a platform for futures trading in electricity with leading commodity exchange MCX launching power contracts for months of March and April. The first trade was executed in March contract at Rs. 7,300 per MW, MCX said.