The NSE held 25 to 100 per cent stakes in these entities through its subsidiary NSE Investments as of September.
While power utilities and traders have generally welcomed the Central Electricity Regulatory Commission's draft regulations on renewable energy certificates (RECs), they have warned that the short supply of renewable energy (RE) may encourage speculative activity and volatility in the already tight market.
The Dabhol plant in Maharashtra, run by Ratnagiri Gas and Power Pvt Ltd and which was running at a capacity of 1,100-1,200 MW, is now generating 900 MW. The capacity was to be scaled up to 1,880 MW.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
India's hydroelectric power generation grew 17.5 per cent to 7.5 billion units in January this year from 6.4 billion units in the same month of 2012.