Hindustan Power
Hindustan Power Exchange trade crosses 2.5 bn unit mark in 8 months
Hindustan Power Exchange (HPX) on Monday said that it has crossed the trade milestone of 2.5 billion units within eight months of its launch. "HPX, promoted by PTC India, BSE and ICICI Bank, has successfully crossed the milestone of 2.5 Billion Units of power traded within 8 months of its launch," an HPX statement said. HPX was able to cross this landmark with a rapid increase in trade volume across contingency, weekly, monthly, and Long Duration Contracts (LDC) segments, it explained. The exchange recently concluded monthly long-duration contracts of 453.7 MU (million units) which will be delivered in the months of March and April 2023 and is a part of the above volume. HPX raced to 2.5 BU within a short span of 67 days with a daily average volume of 18 MU, post crossing the historic landmark of 1 BU, which happened within six months of its launch, it stated. This is the fastest increase in volume for the initial few months of the existence of any of the power exchanges operating
 "Hindustan Power Exchange trade crosses 2.5 bn unit mark in 8 months")
Hindustan Power Exchange backed by BSE, PTC to commence operations
The other two exchanges in the country are Indian Energy Exchange (IEX) and Power Exchange of India ltd (PXIL), of which IEX holds a 98 per cent almost monopoly on the total traded power in country
 "Hindustan Power Exchange backed by BSE, PTC to commence operations")
Hindustan Power to support families of employees succumbing to coronavirus
Hindustan Power has announced financial support for families of all employees, including contract staff, who succumb to Covid-19
 "Hindustan Power to support families of employees succumbing to coronavirus")
Hindustan Power looking to acquire stressed thermal power plants
With 6,000 Mw of power generation capacity, the firm has presence across thermal, hydro and solar power sectors
 "Hindustan Power looking to acquire stressed thermal power plants")
Hindustan Power expands presence in Japan, acquires 15 solar plants
The company aims to touch 2 Gw of global power generation capacity by 2022
 "Hindustan Power expands presence in Japan, acquires 15 solar plants")
Hindustan Power to consider new streams of finance
To commission 1,320 Mw coal and 1,000 Mw solar projects
Hindustan Power initiative to provide prompt patient transfer
The company has devised an emergency response protocol and identified situations such as ailments of heart, kidney, accidents
 "Hindustan Power initiative to provide prompt patient transfer")
Hindustan Power commissions first phase of 2,520 MW Anuppur Plant in MP
The project is commissioned at a cost of Rs 8,000 cr
 "Hindustan Power commissions first phase of 2,520 MW Anuppur Plant in MP")
