CERC Reserves Order On HPX Plea Seeking Three-Year Extension For PTC India Stake Dilution
The Central Electricity Regulatory Commission (CERC) has reserved its decision on Hindustan Power Exchange Limited's petition for a three-year extension to comply with shareholding regulations. The request involves reducing the stake of promoter PTC India Limited from 22.62% to the allowed 5%. Indian Energy Exchange Limited opposes this extension, citing past commitments by HPX.
The post CERC Reserves Order On HPX Plea Seeking Three-Year Extension For PTC India Stake Dilution appeared first on SolarQuarter.
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