HPX (formerly known as Pranurja Solutions Limited) proposes to offer a power trading exchange platform, subject to necessary regulatory approvals. BSE along PTC India Limited and ICICI Bank Limited have filed a petition with the power market regulator, CERC (Central Electricity Regulatory Commission) on September 7, 2018 for grant of license for setting up a new power exchange.
This proposed institutional exchange, subject to necessary regulatory approvals, would leverage on the experience and expertise of its stakeholders in their fields; knowledge of the power sector, funding of power projects and associated infrastructure, setting-up and running various exchanges and platforms in India, and offer the market participants a credible power trading platform.