PTC India Limited | |
Former Name: | Power Trading Corporation of India Limited |
Type: | Public |
Isin: | INE877F01012 |
Industry: | Energy |
Founder: | Government of India |
Hq Location: | NBCC Tower, 15 Bhikaji Cama Place |
Hq Location City: | New Delhi |
Hq Location Country: | India[1] |
Areas Served: | India, Nepal, Bhutan, and Bangladesh |
Key People: | Dr.Rajib.K.Mishra (Chairman & MD)[2] |
Revenue: | [3] |
Revenue Year: | FY2022 |
Income Year: | FY2022 |
Net Income Year: | FY2022 |
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.[4] 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.[5] 16% of the company is publicly owned by the Indian government.[6] [7]
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.[8]
In 2020, PTC received approval to create India's third power exchange after Indian Energy Exchange (IEX) and Power Exchange India (PXIL).[9]
Dr. Rajib Kumar Mishra is the Chairman & Managing Director, PTC India Ltd. from 29 March 2023.