HomeNewsbusinessNTPC plans to acquire 5% equity in Power Exchange of India Ltd

NTPC plans to acquire 5% equity in Power Exchange of India Ltd

NTPC plans to acquire 5% equity in Power Exchange of India Ltd – NTPC Ltd, a State-owned power generation company has planned to acquire a 5% equity stake in Power Exchange of India Ltd (PXIL).

  • Govt is looking to expand the share of the spot power market in total electricity supply in India to 25% by 2023-24.

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