Paragraph 5.2.24 Power Exchanges
- Text as on
- As issued 15 October 2020; Press Notes since are not applied
5.2.24 POWER EXCHANGES
Sector/Activity % of Equity/ Entry Route FDI Cap Automatic
5.2.24.1 49%
Power Exchanges registered under the Central Electricity Regulatory Commission (Power Market) Regulations, 2010.
5.2.24.2 OTHER CONDITIONS
(i) No non-resident investor/entity, including persons acting in concert, will hold more than
5% of the equity in these companies; and
(ii) The foreign investment would be in compliance with SEBI Regulations; other applicable
laws/regulations; security and other conditionalities.