New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Recently the third power exchange in the

    country______________ was launched with the help of BSE and Power Trading Corporation (PTC)?
    A Hindustan Power Exchange (HPX) Correct Answer Incorrect Answer
    B Indian Energy Exchange (IEX) Correct Answer Incorrect Answer
    C Power Exchange of India ltd (PXIL) Correct Answer Incorrect Answer
    D Bharat Power Exchange (BPE) Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The third power exchange in the country, Hindustan Power Exchange (HPX) backed by BSE and Power Trading Corporation (PTC) was launched, after being floated in 2019. PTC India and BSE Investment hold 25 per cent each in HPX, followed by 9.9 per cent held by ICICI Bank. Other shareholders are Greenko Energies (5 per cent), Jindal Power (2 per cent), Meenakshi Power (5 per cent) and six others. The other two exchanges in the country are Indian Energy Exchange (IEX) and Power Exchange of India ltd (PXIL).

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