{"id":129648,"date":"2022-01-14T07:50:28","date_gmt":"2022-01-14T07:50:28","guid":{"rendered":"https:\/\/www.edristi.in\/?p=129648"},"modified":"2022-01-14T07:53:44","modified_gmt":"2022-01-14T07:53:44","slug":"ntpcs-5-stake-in-pxil","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/ntpcs-5-stake-in-pxil\/","title":{"rendered":"NTPC\u2019s 5% stake in PXIL"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: Consider the following statements :-<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Power Exchange of India Limited was formed in 2008.<\/strong><\/li><li><strong>National Thermal Power Corporation plans to acquire 5 percent stake in Power Exchange Limited.<br>Which of the above statement(s) is\/are correct?<\/strong><br>(a) only (1)<br>(b) only (2)<br>(c) (1) and (2)<br>(d) neither (1) nor (2)<br><strong>Answer\u2014(c)<br>Related facts\u2014<\/strong><\/li><\/ol>\n\n\n\n<ul class=\"wp-block-list\"><li>State-owned power company National Thermal Power Corporation plans to acquire 5 per cent equity stake in Power Exchange of India Ltd.<\/li><li><strong>Background &#8212;<\/strong><\/li><li>This decision has been taken in view of the government&#8217;s intention to increase the share market to 25 per cent per cent of total electricity supply in India by 2023-24.<\/li><li><strong>PXIL &#8212;<\/strong><\/li><li>It is notable that PXIL is India&#8217;s first institutionally promoted power exchange, which has been providing various electricity trading solutions and connecting buyers as well sellers since 2008.<\/li><li>The authorised share capital of the PXIL is Rs 120 crore and paid-up capital is Rs 58.47 crore.<\/li><li>It was incorporated on February 20, 2008.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By &#8211; Pankaj Pandey<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><br><a href=\"https:\/\/economictimes.indiatimes.com\/industry\/energy\/power\/ntpc-plans-to-acquire-5-equity-in-power-exchange-of-india-ltd\/articleshow\/88644979.cms\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/economictimes.indiatimes.com\/industry\/energy\/power\/ntpc-plans-to-acquire-5-equity-in-power-exchange-of-india-ltd\/articleshow\/88644979.cms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Consider the following statements :- Power Exchange of India Limited was formed in 2008. National Thermal Power Corporation plans to acquire 5 percent stake in Power Exchange Limited.Which of the above statement(s) is\/are correct?(a) only (1)(b) only (2)(c) (1) and (2)(d) neither (1) nor (2)Answer\u2014(c)Related facts\u2014 State-owned power company National Thermal Power Corporation plans [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":129649,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-129648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/129648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=129648"}],"version-history":[{"count":2,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/129648\/revisions"}],"predecessor-version":[{"id":129655,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/129648\/revisions\/129655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/129649"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=129648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=129648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=129648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}