On 16th March 2021, PTC India Limited (Formerly known as Power Trading Corporation of India Limited), a leading provider of power trading solutions in India has signed an initial pact with the National Productivity Council(NPC), under Department for Promotion of Industry & Internal Trade, Ministry of Commerce and Industry to explore the business opportunities in consultancy services.
Features of the initial pact:
Under this pact, both NPC and PTC have agreed to jointly explore and develop business opportunities for consultancy/project management services in the areas of energy efficiency, renewable energy, productivity enhancements, quality assurances, optimization of technology, and others within India and overseas.
Power trade of PTC:
i.The government of India has assigned PTC to trade electricity with Bhutan, Nepal and Bangladesh.
ii.The trading activities of PTC includes
- Long-term trading of power generated from large power projects including renewables.
- Short term trading that arises due to the mismatches in supply and demand.
Chairman– Dr. Guruprasad Mohapatra
Director-General– Arun Kumar Jha
Established in 1958
About PTC India Limited:
Chairman & Managing Director– Deepak Amitabh
Headquarters– New Delhi
Established in April 1999