Question

Recently the third power exchange in the country______________ was launched with the help of BSE and Power Trading Corporation (PT

Q: Answer-&lt;p&gt;Recently the third power exchange in the country______________ was launched with the help o...

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.