MCX to Launch Electricity Futures in India This Year

A company called MCX, which helps people trade things, is planning to start allowing people to trade electricity.

This means they can buy and sell contracts for electricity prices.

The government has already said it's okay to do this.

MCX wants to help companies that produce and distribute electricity manage how much they pay for it.

This is becoming more important because electricity from sources like the sun and wind can change in price more often.

Other places in the world already trade electricity contracts a lot.