{"id":459833,"date":"2022-01-03T09:18:58","date_gmt":"2022-01-03T03:48:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=459833"},"modified":"2022-01-03T09:47:39","modified_gmt":"2022-01-03T04:17:39","slug":"ntpc-plans-to-acquire-5-equity-in-power-exchange-of-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-plans-to-acquire-5-equity-in-power-exchange-of-india\/","title":{"rendered":"NTPC plans to acquire 5% equity in Power Exchange of India"},"content":{"rendered":"<p>State-run power giant NTPC is mulling acquiring 5 per cent equity stake in Power Exchange of India Ltd (PXIL) that provides various electricity trading options, a senior official said.<\/p>\n<p>The PXIL is India&#8217;s first institutionally promoted power exchange, which has been providing various electricity trading solutions and connecting buyers as well sellers since 2008. <\/p>\n<p>A senior official told PTI that NTPC has plans &#8220;to buy up to five per cent equity stake in PXIL. This decision has been taken in view of the government&#8217;s intention to increase the share market to 25 per cent per cent of total electricity supply in India by 2023-24&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run power giant NTPC is mulling acquiring 5 per cent equity stake in Power Exchange of India Ltd (PXIL) that provides various electricity trading options, a senior official said. The PXIL is India&#8217;s first institutionally promoted power exchange, which has been providing various electricity trading solutions and connecting buyers as well sellers since 2008. A senior official told PTI that NTPC has plans &#8220;to buy up to five per cent equity stake in PXIL. This decision has been taken in view of the government&#8217;s intention to increase the share market to 25 per cent per cent of total electricity supply [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-459833","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=459833"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459833\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=459833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=459833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=459833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}