ICICI Bank update on proposed power exchange
BSE along with PTC India and ICICI Bank has filed a petition
with the power market regulator, CERC (Central Electricity Regulatory Commission) on 07 September 2018 for grant of license for setting up a new power exchange.
This proposed institutional exchange, subject to necessary regulatory approvals, would leverage on the experience and expertise of its stakeholders in their fields; knowledge of the power sector, funding of power projects and associated infrastructure, setting-up and running various exchanges and platforms in India, and offer the market participants a credible power trading platform.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Sep 11 2018 | 10:01 AM IST