Before the Electricity Appellate Tribunal hears the market coupling case, IEX shares are erratic.

On Thursday, October 30, Indian Energy Exchange Ltd. (IEX) shares will be closely watched as the Electricity Appellate Tribunal hears the company's appeal on the market coupling standards. The Appellate Tribunal requested that IEX submit a revised plea with additional parties as respondents during the prior hearing on October 13. Grid Corporation of India, which was in charge of market coupling pilot studies and test runs, as well as IEX's rivals Power Exchange of India and Hindustan Power Exchange, have been added as new parties to the appeal. New parties were requested to submit their responses prior to today's hearing, and the Tribunal had requested that IEX submit an amended plea within a week of October 13.