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ICICI Bank update on proposed power exchange

Capital Market 

BSE along with PTC and has filed a petition with the power market regulator, (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.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 11 2018. 10:01 IST