India's largest power exchange has seen off a regulatory scare to win back investors. Now its long-standing CMD is looking for his last hurrah.
Satyanarayan Goel is among India's most important business heads that you probably know next to nothing about. The chairman and managing director of the Indian Energy Exchange, the country’s largest power trading platform, just secured three more years at the helm.
In doing so, he emerged unscathed from one of the worst crises to confront IEX—one that caused the company to lose more than half its market value. The attempt by the power regulator—the Central Electricity Regulatory Commission—to break its market dominance by taking away the edge it has in the pricing of power had many stock market analysts writing …
Azman writes on climate change, ESG, and how a warming world impacts businesses and people alike. Prior to The Morning Context, he led climate coverage at BloombergQuint, where he started his career as a desk writer.
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azman@mailtmc.com
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