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PTC India Signed a Pact with NPC to Explore Business Opportunities in Consultancy Services

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PTC India inks pact with NPC to explore biz opportunitiesOn 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.

About NPC:

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