IEX Market Coupling Case — Stock up 9%; CERC lawyer says will take instructions on order withdrawal
Shares of Indian Energy Exchange Ltd. (IEX) gained as much as 13% on Tuesday, January 6, after lawyer representing the Central Electricity Regulatory Commission (CERC) told the Electricity Appellate Tribunal’s (APTEL) that they are ready to take instructions from the tribunal to withdraw the July 23, 2025 order, which led to IEX’s shares falling nearly…