PTC India-led power exchange close to launch
The proposed electricity exchange to be formed by BSE, PTC India Ltd and ICICI Bank is at “an advanced stage” and awaiting clearance from power regulator Central Electricity Regulatory Commission.
A merchant banker has been appointed to bring more partners into the exchange, PTC India CMD Deepak Amitabh told newspersons on the sidelines of an environment and energy conclave organised by the Bengal Chamber of Commerce and Industry here on Thursday.
Last September, BSE, PTC India and ICICI Bank had come together to form the country’s third electricity exchange after Power Exchange of India (PXIL) and India Energy Exchange (IEX).
