NTPC plans to buy 5% equity in Power Exchange of India Ltd (PXIL)
NTPC Ltd, a State-owned power generation company has planned to acquire a 5% equity stake in Power Exchange of India Ltd (PXIL). It must be noted that government is planning to expand the share of the spot power market in total electricity supply in India to 25 percent by 2023-24. At present the size of short-term power trading is about 5 percent.
About PXIL:
According to the data available on the portal of the Ministry of Corporate Affairs, the authorized share capital of PXIL, which was incorporated on February 20, 2008, the authorised share capital of the PXIL is Rs 120 crore and paid-up capital is Rs 58.47 crore.
Take Mock Tests
| Government Schemes Mock Test | Start Test! |
| Political Science Mock Test – 42 | Start Test |
| History Test – 190 | Start Test |
| Quantitative Aptitude Test | Start Test! | Data Interpretation - Mock Test | Start Test! |
| General Awareness - Mock Test | Start Test! |
| Reasoning Ability - Mock Test | Start Test! |