Power exchange proposed to offer investors a credible power trading platform
The proposed exchange will leverage on experience and expertise of its stakeholders in their fields knowledge of the power sector, funding of power projects and associated infrastructure, setting-up and running various bourses and platforms in the country, BSE said in a statement Monday.
"BSE along PTC India Ltd and ICICI Bank Ltd have filed a petition with the CERC (Central Electricity Regulatory Commission) on September 7, 2018, for grant of license for setting up a new power exchange," the exchange said.
BSE -- formerly Bombay Stock Exchange- is Asia's oldest stock exchange and provides trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.
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