Tata Power Company (TPC) and Reliance Energy (REL) are in talks with commodity exchanges, MCX and NCDEX, to pick up equity stake in two power exchanges proposed to be set up by them.
While MCX and its partner in the proposed exchange, Power Trading Corporation (PTC), have offered TPC minority stake, REL sources confirmed that the company is being approached by NCDEX, but it has not taken any decision yet.
(Source: Economic Times)
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