Policy on foreign investment in Power Exchanges

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....ted in the power sector (except atomic energy). This includes generation, transmission and distribution of electricity, as well as power trading, subject to the provisions of the Electricity Act, 2003. 1.2 Extant policy, however, does not provide any specific dispensation for foreign investment in power exchanges. 2.0 Revised Position: 2.1 The Government of India has reviewed the position in th....

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....ties. 3.0 Insertion of new paragraph 6.2.26: 3.1 Accordingly, a new paragraph 6.2.26 is inserted under 'Circular 1 of 2012-Consolidated FDI Policy', effective from April 10, 2012, as below: 6.2.26 Power Exchanges 6.2.26.1 Power Exchanges registered under the Central Electricity Regulatory Commission (Power Market) Regulations, 2010 49% (FDI &FII) Government (for FDI) 6.2.26.2 Other condi....