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Power trading company

PTC India

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All data from the card 16
Formerly
Power Trading Corporation of India Limited
Type
Public
Traded as
BSE: 532524NSE: PTC
ISIN
INE877F01012
Industry
Energy
Founded
16 April 1999
Founder
Government of India
Headquarters
NBCC Tower, 15 Bhikaji Cama Place, New Delhi, India
Areas served
India, Nepal, Bhutan, and Bangladesh
Key people
Dr. Manoj Kumar Jhawar(Chairman & MD)
Revenue
₹17,680 crore (US$1.8 billion) (FY2022)
Operating income
₹1,540.22 crore (US$160 million) (FY2022)
Net income
₹426.36 crore (US$44 million) (FY2022)
Owners
Power Grid (4.05%)Power Finance (4.05%)NTPC (4.05%)NHPC (4.05%)
Subsidiaries
PTC India Financial Services Limited (65%)PTC Energy Ltd.
Website
www.ptcindia.com

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. 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. 16% of the company is publicly owned by the Indian government.


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.

In 2020, PTC received approval to create India's third power exchange after Indian Energy Exchange (IEX) and Power Exchange India (PXIL).

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Text from Wikipedia, CC BY-SA 4.0 · Source article