Ind-Ra: Proposed Amendments in Electricity Rules Bring in High Regulatory Uncertainty in Group Captive Business
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.
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