IEX Stock Plunges 4% on CERC Fee Revision Talk

• Indian Energy Exchange (IEX) shares dropped up to 4% on Friday, December 26.
• The decline followed reports of CERC considering revising transaction fees for power exchanges.
• CERC may reduce fees to ~1.5 paise per kWh per side from the current ~4 paise per kWh for most segments.
• Long-term contracts like Term-Ahead Market (TAM) could see fees drop further to ~1.25 paise per kWh.
• Discussions are preliminary; IEX declined to comment. Stock closed down over 3.5% at ₹134.35.

Why It Matters: IEX shares fell sharply due to potential CERC transaction fee reductions, impacting future revenue.