{"id":11427,"date":"2025-07-29T12:16:22","date_gmt":"2025-07-29T12:16:22","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=11427"},"modified":"2026-08-05T06:12:24","modified_gmt":"2026-08-05T06:12:24","slug":"electricity-futures-a-new-trading-opportunity","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/electricity-futures-a-new-trading-opportunity\/","title":{"rendered":"Electricity Futures: A New Trading Opportunity"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Electricity futures, recently launched on <strong>MCX<\/strong> (Multi Commodity Exchange), are the latest addition to the world of <a href=\"https:\/\/navia.co.in\/open-commodities-trading-account\">commodity<\/a> trading. Much like trading gold, silver, or crude oil, you can now trade <strong>electricity<\/strong> as a financial instrument.<\/p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">In this article, we&#8217;ll discuss how electricity is traded, the launch of electricity derivatives, and the opportunities this brings for traders.<\/p><\/p>\n\n\n\n<blockquote style=\"border-left:4px solid #e8622f;background:#fdf1ec;padding:18px 22px;margin:1.5em 0;line-height:1.8\"><strong>&#128161; Quick Answer<\/strong><br>Electricity futures, launched on MCX, let you trade electricity as a financial instrument the way you would gold, silver or crude oil. Each contract covers 50 MWh, is quoted in &#8377; per MWh with a &#8377;1 tick size, carries a 10% initial margin, and is cash-settled against IEX Day Ahead Market prices &#8212; there is no physical delivery. Power generation companies, discoms and institutional and retail investors use them to hedge price swings or to take a view on electricity prices.<\/blockquote>\n\n\n<ul><li><a class=\"aioseo-toc-item\" href=\"#aioseo-why-electricity-traded-on-exchange-2\">Why is Electricity Traded on an Exchange?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-electricity-derivatives-what-are-they-5\">Electricity Derivatives: What Are They?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-how-do-electricity-futures-work-8\">How Do Electricity Futures Work?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-example-of-electricity-futures-11\">Example of Electricity Futures<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-who-can-trade-electricity-futures-14\">Who Can Trade Electricity Futures?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-contract-specifications-17\">Contract Specifications for Electricity Futures<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-risks-in-electricity-futures-20\">Risks in Electricity Futures<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-conclusion-23\">Conclusion<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-key-takeaways-26\">Key Takeaways<\/a><\/li><\/ul>\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"jetpack-video-wrapper\"><iframe title=\"Electricity is the new gold! Trade Futures on MCX\" src=\"https:\/\/www.youtube.com\/embed\/KeTck9yjlBw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n\n\n\n<h2 id=\"aioseo-why-electricity-traded-on-exchange-2\" class=\"wp-block-heading has-text-color has-link-color wp-elements-dad36c90207112ae915183e5286a9948\" style=\"color:#023368\">Why is Electricity Traded on an Exchange?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Traditionally, <strong>power plants<\/strong> sell the electricity they generate to <strong>power distribution companies<\/strong> (discoms) through <strong>Power Purchase Agreements (PPAs)<\/strong>. These agreements often lock in prices at fixed rates, making them rigid when electricity prices change.<\/p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">However, with <strong>electricity futures<\/strong>, both <strong>power generators<\/strong> and <strong>discoms<\/strong> can now hedge against short-term price fluctuations. They can buy and sell electricity on exchanges like <strong>IEX<\/strong> (Indian Energy Exchange) to get better prices and reduce volatility.<\/p><\/p>\n\n\n\n<h2 id=\"aioseo-electricity-derivatives-what-are-they-5\" class=\"wp-block-heading has-text-color has-link-color wp-elements-e1dd3b1631998c066bef613f81527e82\" style=\"color:#023368\">Electricity Derivatives: What Are They?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Electricity derivatives (or futures) are contracts that allow traders to <strong>buy or sell electricity for future dates at predetermined prices<\/strong>. This works the same way as <strong>futures contracts on stocks, indices, or commodities<\/strong>. If the distinction matters to you, our explainer on <a href=\"https:\/\/navia.co.in\/blog\/forward-contracts-and-futures-contracts\/?utm_source=blog&amp;utm_medium=internal_link&amp;utm_campaign=electricity_futures\">forward contracts and futures contracts<\/a> sets out how the two differ.<\/p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">For example, if you want to hedge against potential price fluctuations in electricity, you can buy or sell <strong>electricity futures contracts<\/strong> on the MCX, helping you manage risks and avoid price shocks.<\/p><\/p>\n\n\n\n<h2 id=\"aioseo-how-do-electricity-futures-work-8\" class=\"wp-block-heading has-text-color has-link-color wp-elements-d9e18513c7f7fd28c610b198c4aa8f9f\" style=\"color:#023368\">How Do Electricity Futures Work?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Electricity futures contracts are <strong>cash-settled<\/strong>, which means there&#8217;s no physical delivery of electricity. The settlement happens based on the difference between the contract price and the actual market price at expiry.<\/p><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:1em 0;line-height:1.9\"><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Underlying Asset<\/strong>: IEX&#8217;s Day Ahead Market (DAM) electricity prices.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Contract Size<\/strong>: 50 MWh (Megawatt-hour).<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Tick Size<\/strong>: &#8377;1 per MWh. So, if the price changes by &#8377;1, your position changes by &#8377;50 for one lot.<\/li><\/ul>\n\n\n\n<h2 id=\"aioseo-example-of-electricity-futures-11\" class=\"wp-block-heading has-text-color has-link-color wp-elements-6474841c698f9c388f912a2a8ca2ba2a\" style=\"color:#023368\">Example of Electricity Futures<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Let&#8217;s say the <strong>current price<\/strong> of electricity is <strong>&#8377;4500 per MWh<\/strong>.<\/p><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:1em 0;line-height:1.9\"><li style=\"margin-bottom:0.6em;line-height:1.8\">You decide to <strong>buy 1 contract<\/strong> of electricity futures at <strong>&#8377;4500\/MWh<\/strong>.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\">The contract size is <strong>50 MWh<\/strong>, so the contract value is <strong>&#8377;4500 &#215; 50 = &#8377;2,25,000<\/strong>.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\">The margin requirement (10%) for this trade would be <strong>&#8377;22,500<\/strong>.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Now, if the price moves up by <strong>&#8377;10<\/strong> to &#8377;4510\/MWh:<\/p><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:1em 0;line-height:1.9\"><li style=\"margin-bottom:0.6em;line-height:1.8\">Your profit would be <strong>50 &#215; &#8377;10 = &#8377;500<\/strong>.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">If the price drops by <strong>&#8377;10<\/strong> to &#8377;4490\/MWh:<\/p><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:1em 0;line-height:1.9\"><li style=\"margin-bottom:0.6em;line-height:1.8\">Your loss would be <strong>50 &#215; &#8377;10 = &#8377;500<\/strong>.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/png-1111_1_11zon.png\" alt=\"Electricity futures profit and loss illustration on a 50 MWh contract\" class=\"wp-image-11816\" style=\"object-fit:cover;width:700px;height:500px\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/png-1111_1_11zon.png 1920w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/png-1111_1_11zon-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/png-1111_1_11zon-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/png-1111_1_11zon-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/png-1111_1_11zon-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/png-1111_1_11zon-1536x864.png 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><\/figure>\n\n\n\n<h2 id=\"aioseo-who-can-trade-electricity-futures-14\" class=\"wp-block-heading has-text-color has-link-color wp-elements-3321ea76633dee1fb76e12fa180d06e7\" style=\"color:#023368\">Who Can Trade Electricity Futures?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">The introduction of electricity futures opens the market to various participants, such as:<\/p><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:1em 0;line-height:1.9\"><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Power Generation Companies<\/strong>: To hedge against price drops.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Power Distribution Companies (Discoms)<\/strong>: To manage costs when they sell electricity below market prices.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Institutional and Retail Investors<\/strong>: To profit from electricity price movements and diversify their portfolios.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Traders who already run positions in metals will find the mechanics familiar &#8212; see our guide to <a href=\"https:\/\/navia.co.in\/blog\/how-copper-futures-can-energize-your-trading-portfolio\/?utm_source=blog&amp;utm_medium=internal_link&amp;utm_campaign=electricity_futures\">copper futures<\/a> for a comparable commodity contract.<\/p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/open.navia.co.in\/index-navia.php?utm_source=Organic&amp;utm_medium=blog&amp;utm_campaign=blog&amp;utm_content=electricity_futures\"><img decoding=\"async\" width=\"1024\" height=\"149\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC.png\" alt=\"Open a free Navia commodities trading account to trade electricity futures on MCX\" class=\"wp-image-9412\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-300x44.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-150x22.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-768x112.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 id=\"aioseo-contract-specifications-17\" class=\"wp-block-heading has-text-color has-link-color wp-elements-4e43716016bb04e2e73822f0a2139b77\" style=\"color:#023368\">Contract Specifications for Electricity Futures<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Here&#8217;s a quick look at the specifications for electricity futures:<\/p><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><td><strong>Feature<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><\/thead><tbody><tr><td><strong>Contract Size<\/strong><\/td><td>50 MWh<\/td><\/tr><tr><td><strong>Price Quotation<\/strong><\/td><td>&#8377; per MWh<\/td><\/tr><tr><td><strong>Tick Size<\/strong><\/td><td>&#8377;1 per MWh<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>Minimum: 1 lot, Maximum: 50 lots<\/td><\/tr><tr><td><strong>Initial Margin<\/strong><\/td><td>10% of contract value<\/td><\/tr><tr><td><strong>Settlement<\/strong><\/td><td>Cash-settled<\/td><\/tr><tr><td><strong>Trading Hours<\/strong><\/td><td>9:00 AM &#8211; 11:30 PM (Weekdays)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/222-1024x576.jpg\" alt=\"Electricity futures contract specifications on MCX at a glance\" class=\"wp-image-11806\" style=\"object-fit:cover;width:700px;height:500px\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/222-1024x576.jpg 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/222-300x169.jpg 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/222-150x84.jpg 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/222-768x432.jpg 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/222-1536x864.jpg 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/222.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 id=\"aioseo-risks-in-electricity-futures-20\" class=\"wp-block-heading has-text-color has-link-color wp-elements-1bba7b540ca38b3e1b64486c6a62c281\" style=\"color:#023368\">Risks in Electricity Futures<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Like any financial instrument, <strong>electricity futures<\/strong> carry risks. Some of the common risks include:<\/p><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:1em 0;line-height:1.9\"><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Price Risk<\/strong>: Electricity prices can be volatile, and excessive speculation could lead to losses.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Time Basis Risk<\/strong>: If your electricity consumption cycle doesn&#8217;t match the contract expiry, your exposure could be unhedged for a period.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Location Basis Risk<\/strong>: The price of electricity in your area might differ from the exchange price, affecting your hedging strategy.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">The shape of the futures curve matters too &#8212; whether a market is in <a href=\"https:\/\/navia.co.in\/blog\/contango-vs-normal-backwardation\/?utm_source=blog&amp;utm_medium=internal_link&amp;utm_campaign=electricity_futures\">contango or normal backwardation<\/a> affects the cost of holding a hedge over time. It&#8217;s important to understand these risks and have strategies in place before <a href=\"https:\/\/navia.co.in\/blog\/category\/trading\/\">trading<\/a>.<\/p><\/p>\n\n\n\n<h2 id=\"aioseo-conclusion-23\" class=\"wp-block-heading has-text-color has-link-color wp-elements-776e5c2efad11b61bdba64c6c2064993\" style=\"color:#023368\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Electricity futures offer a new way to hedge and trade electricity prices, just like you would with other commodities. With <strong>MCX<\/strong> now offering these contracts, brokers (including <a href=\"https:\/\/navia.co.in\/app.html\" title=\"\"><strong>Navia<\/strong><\/a>) provide access to them via trading platforms. Investors may consider these contracts for hedging or diversification, depending on their risk profile.<\/p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Whether you&#8217;re a <strong>power generation company<\/strong>, a <strong>discom<\/strong>, or an <strong>investor<\/strong>, electricity derivatives open up a range of trading opportunities. If you are building a systematic approach across this asset class, our <a href=\"https:\/\/navia.co.in\/blog\/introduction-to-trend-following-in-commodities\/?utm_source=blog&amp;utm_medium=internal_link&amp;utm_campaign=electricity_futures\">introduction to trend following in commodities<\/a> is a useful next read.<\/p><\/p>\n\n\n\n<h3 id=\"aioseo-key-takeaways-26\" class=\"wp-block-heading has-text-color has-link-color wp-elements-45f63842366113f75c05af372b518860\" style=\"color:#ec4d37\">Key Takeaways<\/h3>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:1em 0;line-height:1.9\"><li style=\"margin-bottom:0.6em;line-height:1.8\"><strong>Electricity futures<\/strong> help manage price volatility in electricity markets.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\">The contract size is <strong>50 MWh<\/strong> with a <strong>&#8377;1 tick size<\/strong>.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\">They are <strong>cash-settled<\/strong> and have a <strong>10% initial margin<\/strong> requirement.<\/li><li style=\"margin-bottom:0.6em;line-height:1.8\">Electricity futures are commonly used for <strong>hedging and speculative purposes<\/strong> by market participants.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"line-height:1.8;text-align:justify\">Electricity futures are complex derivative instruments and may not be suitable for all investors. Participants should evaluate their risk tolerance before trading.<\/p><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Do You Find This Interesting?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-8f761849 wp-block-group-is-layout-flex\">\n<p class=\"wp-block-paragraph\">We&#8217;d Love to Hear from you-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"64\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png\" alt=\"feedback yes or no button\" class=\"wp-image-8901\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1-150x32.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:13px;line-height:1.6;color:#777\"><strong>DISCLAIMER:<\/strong>&nbsp;<strong>Investments in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Full disclaimer:&nbsp;<a href=\"https:\/\/bit.ly\/naviadisclaimer\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/bit.ly\/naviadisclaimer<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electricity futures, recently launched on MCX (Multi Commodity Exchange), are the latest addition to the world of commodity trading. Much like trading gold, silver, or crude oil, you can now trade electricity as a financial instrument. In this article, we&#8217;ll discuss how electricity is traded, the launch of electricity derivatives, and the opportunities this brings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ub_ctt_via":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[208,16],"tags":[718,11,7,21,22,53,224,45,32],"class_list":["post-11427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-navia-app","category-trading","tag-electricity-futures","tag-financial-goals","tag-indian-stock-markets","tag-investments","tag-investor","tag-marketperformance","tag-navia-app","tag-trading","tag-wealth-creation"],"aioseo_notices":[],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/Electricity-Futures-A-New-Trading-Opportunity.jpg","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"jetpack_featured_media_url":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/Electricity-Futures-A-New-Trading-Opportunity.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/11427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=11427"}],"version-history":[{"count":67,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/11427\/revisions"}],"predecessor-version":[{"id":18862,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/11427\/revisions\/18862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/11748"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=11427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=11427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=11427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}