Power exchange will be a separate entity; BSE to be a minority shareholder, says Ashishkumar Chauhan

Bombay Stock Exchange along with PTC India Ltd and ICICI Bank recently filed a petition with the Central Electricity Regulatory Commission (CERC) to launch a power exchange.

Ashishkumar Chauhan, managing director and CEO of BSE said that power exchange will be a separate entity and BSE will be a minority shareholder in it.

Talking about business potential, he said, “Some of these exchanges could be making Rs 100-200 crore of profit every year even now and when India grows up, the market becomes more organised and things could be better.”