The National Stock Exchange is planning to expand its product portfolio by exploring opportunities in electricity derivatives and the voluntary carbon credit market. It also aims to introduce derivative contracts based on corporate bond indices and government bond indices, pending approval from regulators. The exchange is evaluating the voluntary carbon credits market, which could be worth an estimated $150 million. Additionally, the Indian Energy Exchange has announced similar plans to explore opportunities in the voluntary carbon market. The Indian government is developing the Indian Carbon Market to decarbonize the economy through the trading of carbon credit certificates.
