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Industry & Economy - Power


Tata Power gets trading licence

Our Bureau

Mumbai, June 15

TATA Power Trading Company Ltd (TPTCL) has become the first company to be awarded power trading licence by the Central Electricity Regulatory Commission under Section 14 of the Electricity Act 2003.

The company would trade surplus power of the State Electricity Boards, captive power plants, generating companies and merchant power plants, a news release said.

The company would introduce time-of-day trading and trading on day-to-day and hour-to-hour basis, trading for part of the say and for non-requisitioned power, , the release said.

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