PTC India Limited, the leading power trading solutions & consulting services provider in India, has got orders from Bureau of Energy Efficiency (BEE) for their flagship Perform Achieve & Trade (PAT) scheme in eight states / UTs. Further, PTC has won consultancy assignment on project management & impact assessment of energy efficiency project from Belgavi Smart City Limited (BSCL) and Energy Efficiency Services Limited (EESL). The above assignments are valued at ₹6.2 Crores.
The Consulting Business of PTC is growing at a CAGR of more than 40% for the last 4 years and the cumulative order book value stands at around Rs. 221 Cr for the same period. PTC presently offers consulting services in the areas of Energy Management Solutions, Distribution Management Solutions, Transmission Advisory, Regulatory and Open Access consultancy, etc.
About PTC India Limited
PTC India Ltd., a Government of India initiative, is the pioneer in starting a power market in India. The Company has maintained its leadership position in power trading since inception. PTC has also been mandated by the Government of India to trade electricity with Bhutan, Nepal and Bangladesh.
The trading activities undertaken by PTC include long term trading of power generated from large power projects including renewables as well as short term trading arising as a result of supply and demand mismatches, which inevitably occur in various regions of the country.
The Company is credited with a number of products in the electricity trading market to meet the divergent needs of the customers. Driven by the vision of shaping a vibrant power market, PTC has been providing value-added services to its clients and built trust as a reliable partner. The electricity traded from cross border resources is a significant component of the total electricity traded by the Company.
PTC is a unique example of a successful public-private partnership with major PSUs of the Ministry of Power, Government of India as promoters and a widely held ownership interest. The diverse composition of its Board of Directors includes eminent people as independent directors.
