In Short : PTC India Limited, a leading provider of power trading solutions, has announced plans to divest its entire 100% equity stake in PTC Energy Limited. This strategic move is valued at Rs 2,021 crore, reflecting the enterprise value of the transaction. By divesting its equity in PTC Energy Limited, PTC India aims to […]
PTC India signs two long-term agreements for 215 MW power purchase: CMD – EQ Mag
PTC India has signed two agreements for the purchase of 215 MW electricity on a long-term basis, company’s CMD Rajib K Mishra said New Delhi : Power trading solutions provider PTC India has signed two agreements for the purchase of 215 MW electricity on a long-term basis, company’s CMD Rajib K Mishra said. While an […]
PTC India inks pact with Brookfield Renewables to purchase 100 MW solar power – EQ Mag
“PTC India has executed a Memorandum of Understanding (MoU) with Brookfield Renewables for purchase of 100 MW solar power on a long-term basis.” Power trading solutions provider PTC India on Tuesday said it has signed an agreement with Brookfield Renewables for purchase of 100 MW solar power on a long term basis. Brookfield Renewables is […]
PTC India inks pact for 115 MW power supply from VS Lignite Power – EQ Mag
Power trading solution provider PTC India has inked a long-term power purchase agreement with VS Lignite Power for 115 MW of electricity supply PTC India executed a long-term power purchase agreement (PPA) for 115 MW with VS Lignite Power Pvt. Ltd, a company statement said. VS Lignite operates a 135-MW lignite-fired power plant in Bikaner […]
PTC India inks pact with Bhutan’s Druk Green Power Corporation to export 600 MW power – EQ Mag
PTC India on Monday said it has entered into an agreement with Bhutan’s electricity utility firm Druk Green Power Corporation Limited to supply 600 MW power to the neighbouring country during the winter season. “Bhutan, through Druk Green Power Corporation Limited, has entered into an agreement with PTC India Ltd, for purchase of power from […]
PTC India net profit more than trebles to Rs 157 cr in Jan-Mar quarter – EQ Mag
Power trading solution provider PTC India’s consolidated net profit more than trebled to Rs 157.11 crore in the March 2022 quarter, mainly due to lower expenses. The consolidated net profit of the company was Rs 49.77 crore in the quarter ended March 31, 2021, a BSE filing showed. Its total expenses dipped to Rs 2,890.57 […]
PTC India gets 3,500 MW renewable energy supply offers against 1,000 MW sought – EQ Mag Pro
The company received offers from 14 energy producers Power trader PTC India on Tuesday said it has received supply offers to the tune of 3,500 MW renewable energy against 1,000 MW the company had sought. The company received offers from 14 renewable energy producers. The response has come against its Expression of Interest (EoI) for […]
SJVN subsidiary inks MoU with PTC India – EQ Mag Pro
SAPDC, a wholly owned subsidiary of SJVN is executing both projects in Nepal. New Delhi: A Memorandum of Understanding has been signed between SJVN’s wholly owned subsidiary, SJVN Arun-3 Power Development Company Pvt. Ltd. (SAPDC), and PTC India Limited for the sale of power to be generated from 900 MW Arun-3 Hydro Electric Project and […]
PTC India Inks Pacts with 5 Technology Companies – EQ Mag Pro
PTC India Ltd has signed agreements with five technology companies namely Ircon, Greenstat, AutoGrid, Hexagon and Chemtrols New Delhi: PTC India Limited (PTC) on Monday announced it has signed agreements with five technology companies. The memoranda of understanding (MoUs) have been executed with Ircon International Limited, Greenstat, AutoGrid, Hexagon and Chemtrols, the company said in […]
Hindustan Power Exchange begins operation – EQ Mag Pro
The power exchange is promoted by PTC India, Bombay Stock Exchange and ICICI Bank Hindustan Power Exchange (HPX) commenced operations on Wednesday after receiving all necessary approvals from the Central Electricity Regulatory Commission (CERC) The exchange — promoted by PTC India, Bombay Stock Exchange and ICICI Bank — will initially offer trading in Contingency contracts, […]