Friday, March 15, 2013

NTPC, NHPC MAY FIND IT TOUGH TO EXIT NATIONAL POWER EXCHANGE

NTPC and NHPC could find it tough to pull out of the yet-to-be-operational National Power Exchange (NPX), with the other two shareholders, Power Finance Corporation (PFC) and Tata Consultancy Services (TCS), learnt to be against their exit. NTPC recently announced its decision to leave the project, saying the proposed exchange was in viable, given the low volume of exchange-traded electricity in the country. NHPC followed suit.

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