PTC India
 | |
| Formerly | Power Trading Corporation of India Limited |
|---|---|
| Company type | Public |
| ISIN | INE877F01012 |
| Industry | Energy |
| Founded | 16 April 1999[1] |
| Founder | Government of India[1] |
| Headquarters | NBCC Tower, 15 Bhikaji Cama Place, , India[2] |
Areas served | India, Nepal, Bhutan, and Bangladesh |
Key people | Dr.Rajib.K.Mishra (Chairman & MD)[3] |
| Revenue |  ₹17,680 crore (US$2.1 billion)[4] (FY2022) |
| ₹1,540.22 crore (US$180 million) (FY2022) | |
| ₹426.36 crore (US$51 million) (FY2022) | |
| Owners | |
| Subsidiaries |
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| Website | www |
PTC is the leading power trader in the Indian Power Market for the last 24 years. PTC India has played a crucial role in transforming the electricity trading landscape of the country. Throughout its journey, the company has played a pivotal role in transforming the electricity trading landscape of the country. PTC occupies a unique and esteemed position in the power sector, driven by its core values of integrity, innovation, and customer orientation, and it operates across the entire Indian subcontinent.
With its unparalleled domain expertise, market intelligence, and proactive customer focus, PTC has consistently implemented innovative energy trading solutions, aligning with its vision of developing a vibrant power market and rectifying market distortions.
PTC has been on a continuous journey of growth, building a specialized technology and consulting business that takes on increasingly complex assignments. The company consistently introduces new products and services with the aim of fostering inclusive growth for all participants in the power sector. PTC's service offerings are set to expand significantly in the near future, demonstrating its commitment to adapt to emerging market segments such as Battery Energy Storage Systems and Green Hydrogen, taking initial steps and working towards scaling these ventures.
Subsidiaries:
PTC India Limited, a prominent player in the power sector, boasts a diverse portfolio of subsidiaries that complement its operations and contribute significantly to the industry's growth.
One such subsidiary is PTC Energy Limited (PEL), established with the primary objective of pursuing asset-based ventures in renewable energy. PEL has successfully commissioned 50 MW wind projects in Madhya Pradesh during FY 2015-16, followed by impressive achievements of 188.8 MW capacity wind projects in Andhra Pradesh and an additional 50 MW wind project in Karnataka during FY 2016-17. These projects have solidified PEL's position in the renewable energy sector, and they have secured firm long-term Power Purchase Agreements (PPAs) for all seven wind projects, totaling 288.8 MW, with the respective State Utilities.
Another integral subsidiary of PTC India Ltd. is PTC Financial Services Limited (PFS), which operates as an infrastructure finance company. PFS actively engages in investing in and providing financing solutions to companies undertaking projects in the power sector and other vital infrastructure segments. As a testament to its robust performance, the company's stock is traded on major Indian stock exchanges, reflecting its significant presence and trust in the market.
With these accomplished subsidiaries, PTC India Limited continues to drive innovation and sustainable growth within the power sector, while making significant strides towards a greener and more sustainable future.
References
- ^ a b "PTC India Ltd. (PTC) - Company History". Business Standard India. Retrieved 24 March 2019.
- ^ "Contact Us". PTC India. Retrieved 24 March 2019.
- ^ "Rajib Kumar Mishra, PTC India Ltd: Profile and Biography". Bloomberg.com.
- ^ "Annual-Report-2017-18" (PDF). PTC India. Retrieved 24 March 2019.
- ^ "Shareholders". PTC India. Retrieved 24 March 2019.
- ^ "Subsidiaries". PTC India. Retrieved 24 March 2019.
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