Power Finance Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on September 25, 2008, has given approval to participate in the equity of Power Exchange India Ltd (PXI) up to 7% share capital of PXI not exceeding Rs 1.75 crore. PXI is a Company promoted by NSE & NCDEX for setting up power exchange to provide electronic, transparent and neutral platform for trading of electricity. PFC may also participate as a Professional Clearing Member in PXI
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