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NTPC moots central PSUs as power exchange promoters
The Rs 27,000-crore NTPC Ltd has proposed the establishment of a nation-wide power exchange (PX) as a separate company with power sector CPSEs as the initial promoters, and an authorised capital of around Rs 50 crore.
The Rs 27,000-crore NTPC Ltd has proposed the establishment of a nation-wide power exchange (PX) as a separate company with power sector CPSEs as the initial promoters, and an authorised capital of around Rs 50 crore.
Based on the final report by its consultants - Norway's NordPool Consulting AS and Crisil Advisory Services - the power major has sounded out the Central Electricity Regulatory Commission (CERC) on the broad contours of the exchange being planned by it, including the governing body structure and modalities of executing transactions.
Besides NTPC, commodity bourses such as NCDEX and MCX have evinced interest in establishing and operating an Exchange.
Based on the final report by its consultants - Norway's NordPool Consulting AS and Crisil Advisory Services - the power major has sounded out the Central Electricity Regulatory Commission (CERC) on the broad contours of the exchange being planned by it, including the governing body structure and modalities of executing transactions. 
