PTC India Limited, formerly Power Trading Corporation of India Limited, is an Indian company that provides power trading solutions, cross border power trading, and consultancy services. Headquartered in New Delhi, the company also has operations in Nepal, Bhutan, and Bangladesh.[6] PTC India's subsidiaries PTC India Financial Services Limited and PTC Energy Limited provide financial assistance for companies in the power sector and run renewable energy projects respectively.[7] 16% of the company is publicly owned by the Indian government.[8][9]
As of January 2019, PTC Energy managed a renewable energy portfolio of around 290 megawatts of wind assets across Madhya Pradesh, Karnataka and Andhra Pradesh.[10]
In 2020, PTC received approval to create India's third power exchange after Indian Energy Exchange (IEX) and Power Exchange India (PXIL).[11]
References
- Contact Us PTC India, retrieved 24 March 2019^
- Dr Manoj Kumar Jhawar takes over as full-time CMD of PTC India Ltd ptcindia.com^
- Annual-Report-2017-18 PTC India, retrieved 24 March 2019^
- PTC India stocks in focus as ONGC to buy PTC Energy for Rs 925 crore Business Today, 20 October 2023, retrieved 1 March 2024^
- Subsidiaries PTC India, retrieved 24 March 2019^
- Company Overview of PTC India Limited Bloomberg, retrieved 24 March 2019^
- PTC India Ltd. (PTC) - Company History Business Standard India, retrieved 24 March 2019^
- Rishi Ranjan Kala. Adani, Reliance Power eye govt stake in PTC India www.thehindubusinessline.com, 2023-01-11, retrieved 2023-07-04^
- Varun Vyas. Adani decides against bid for stake in state-backed PTC India - Bloomberg News Reuters, 2023-02-20, retrieved 2023-07-04^
- Swaraj Singh Dhanjal. PTC India begins process to find investor for wind energy business Mint, 6 January 2019, retrieved 24 March 2019^
- Shreya Jai. PTC India gets nod to set up third power exchange; launch likely by next FY www.business-standard.com, 2020-08-04, retrieved 2023-07-04^