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 |  ₹19,786.60 crore (US$2.3 billion)[4] (FY18) |
| Owners | |
| Subsidiaries |
|
| Website | www |
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, India, the company also has operations in Nepal, Bhutan, and Bangladesh.[7] 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.[1]
The investment decisions of PTC management was criticized as "value destructive" by some institutional investors in August 2018.[8]
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.[9]
Dr. Rajib Kumar Mishra has been delegated the additional charge of Chairman & Managing Director, PTC India Ltd. w.e.f. 6th November 2021 by PTC Board.[10]
References
- ^ a b c "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.
- ^ "Company Overview of PTC India Limited". Bloomberg. Retrieved 24 March 2019.
- ^ Vyas, Jwalit (22 August 2018). "Funds unhappy with show of PTC India, want core focus". The Economic Times. Retrieved 24 March 2019.
- ^ Dhanjal, Swaraj Singh (6 January 2019). "PTC India begins process to find investor for wind energy business". Mint. Retrieved 24 March 2019.
- ^ "PTC India sets up internal committee; not ruling out malafide". The Economic Times.
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