Brief: BSE Says Co, PTC India, ICICI Bank Files Petition With CERC For License To Set Up Power Exchange

PTC India

10/09/2018 13:11

Sept 10 (Reuters) - BSE:
    * BSE - BSE, PTC INDIA, ICICI BANK FILES PETITION WITH POWER
MARKET REGULATOR, CERC FOR GRANT OF LICENSE FOR SETTING UP A NEW
POWER EXCHANGE

Source text - [BSE along PTC India Limited and ICICI Bank
Limited have filed a petition with the power market regulator,
CERC (Central Electricity Regulatory Commission) on September 7,
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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