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India likely to get third power exchange owned by PTC, BSE by year end
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Pranurja Solutions had submitted the draft rules and bye-laws at the time of filing the petition, according to the CERC order issued on Wednesday.
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NEW DELHI: Power regulator Central Electricity Regulatory Commission (CERC) has approved registration to
PTC, BSE and ICICI Bank-led Pranurja Solution Ltd to start the country s third power exchange. Senior officials in the company said the exchange is likely to be operationalised by this year-end.
The other two power exchanges are
The commencement of operation of the power exchange is subject to approval of the bye-laws, rules, and business rules and the technology including trading software in accordance with various provisions of the Power Market Regulations (PMR) 2010. Pranurja Solutions had submitted the draft rules and bye-laws at the time of filing the petition, according to the CERC order issued on Wednes