IEX.NSEIndian Energy Exchange Ltd.
India’s power regulator orders probe into trading platform over alleged insider trading
India’s federal power regulator on Tuesday ordered an investigation into over-the-counter (OTC) electricity trading platform GNA Energy for alleged involvement in insider trading and market manipulation linked to a key regulatory order on market coupling. India’s market regulator Securities and Exchange Board of India (SEBI) issued an order late on Oct. 15 against two officials of the country’s federal power regulator and officials of GNA Energy, alleging that they traded on price-sensitive information in shares and derivatives of Indian Energy Exchange (IEX). The Central Electricity Regulatory Commission (CERC) said it was acting on findings from a SEBI interim order that said GNA Energy’s top executives had access to confidential CERC documents before a July 2025 order on market coupling was made public. India’s Adani Green Energy posts higher quarterly profit on strong power sales CERC said the company may have violated provisions of power market regulations and appointed two senior officials to conduct the investigation and submit a report within 21 days.
cityfalcon.com·7d ago
India Power Regulator Launches Insider Trading Probe
Indias energy regulator has opened an internal investigation after the Securities and Exchange Board of India (SEBI) accused several officials of insider trading related to power market reforms. The Central Electricity Regulatory Commission (CERC) confirmed Thursday that it has suspended three employees and set up a fact-finding committee following SEBIs interim order earlier this week, according to Indian media. The case centers on trading in shares of the Indian Energy Exchange (IEX), Indias dominant platform for spot
cityfalcon.com·19d ago
India power regulator opens probe into alleged insider trading
NEW DELHI: India’s federal power regulator on Thursday launched a probe into alleged insider trading in Indian Energy Exchange (IEX) shares by some of its employees, after receiving an interim order from the Securities and Exchange Board of India (SEBI). SEBI, in a late Wednesday order, alleged two Central Electricty Regulatory Commision (CERC) officialstraded on price sensitive information in IEX equity and derivatives. The information related to the impending implementation of “market coupling” in the country’s power exchanges. A CERC spokesperson said a fact finding committee has been set up to examine the evidence and determine next steps. Three officials alleged to be involved have been placed on compulsory leave pending the inquiry. The IEX operates a nationwide automated trading platform for the physical delivery of electricity, renewable energy, and certificates.
cityfalcon.com·19d ago
India Regulator Alleges Insider Trading in Energy Bourse Options
India’s market regulator alleged a group of connected traders used unpublished information to bet against Indian Energy Exchange Ltd. via equity derivatives, marking its latest move in a widening crackdown on insider trading.
cityfalcon.com·19d ago