Question
Recently the third power exchange in the
country______________ was launched with the help of BSE and Power Trading Corporation (PTC)?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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