IEX shares plunge 15% after CERC orders power market coupling to start January 2026
Shares of Indian Energy Exchange (IEX) tumbled 15 per cent at Rs 159.70 at 10:40 am. The shares hit their lower circuit at Rs 169.10 on the BSE on Thursday after the Central Electricity Regulatory Commission (CERC) formally approved the phased implementation of power market coupling in India. The announcement came just hours before IEX’s Q1FY26…