Damodar Valley Corp Auction Sees Prices Align With NSE Electricity Futures (Photo: NSE) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Damodar Valley Corp. concluded its auction for buy bids of 50 million units of round-the-clock power from Nov. 5–30 in alignment with the NSE electricity futures, according to people aware of the matter.

The price discovered in the auction was Rs 3,231 per megawatt per hour, which is nearly identical to the November 2025 NSE Electricity Futures contract price. NTPC Vidyut Vyapar Nigam Ltd and SKS Power Generation Ltd were the suppliers in this auction.

Market observers said the alignment of auction prices with the NSE electricity futures indicates that the exchange-traded contracts are increasingly being used as a benchmark for physi

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