 "NSE")
In what could potentially disturb the power trading market in the country, National Stock Exchange (NSE), with the National Commodity and Derivatives Exchange (NCDEX) has voted to shut down their power trading platform, the Power Exchange of India (PXIL).
NSE-NCDEX collectively own 61 per cent stake in the power exchange. They said at an extraordinary general meeting (EGM) dated January 25, they’d decided to shut the “loss-making” bourse. Sources say there was strong dissent from stakeholders in the power sector.
“We recently advised PXIL to consider taking immediate steps to close down its business as early as possible and in
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