Thursday, July 01, 2004

Power: Reliance Energy and Power Trading Corporation bag power trading licenses

News from The Financial Express

After Adani Exports Limited and Tata Power Trading Company Limited, two more companies - Reliance Energy and Power Trading Corporation have been awarded power trading licenses by The Central Electricity Regulatory Commission (CERC). NTPC's subsidiary NTPC Vidyut Vyapar Nigam Ltd is also going to be awarded this license subject to certain procedural issues.

The applications from two other companies - Amalgamated Transpower Ltd and Global Energy Ltd - have been put on hold for lack of full details.

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