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Power Exchange bets on renewable energy; to focus on revival of REC market

PXIL faced financial crisis in 2017 when its net worth eroded and promoters of NSE and NCDEX wanted to shut it down prior to NSE's proposed initial public offering (IPO)

Topics
Renewable energy policy | Power renewable energy | renewable energy sector

Shreya Jai  |  New Delhi 



Economic slump, falling electricity demand hit power-generating units

(PXIL), the power trading platform of National Stock Exchange (NSE), is putting its bets on renewable energy after its re-launch. It will focus on reviving the Renewable Energy Certificates (REC) market which has been facing tepid interest from the market.

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First Published: Thu, December 26 2019. 19:08 IST

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