Ptc India News

Companies

‘I am a non-executive director on PFS board’

PTC India's CMD Rajib Kumar Mishra spoke about PTC’s power trading operations, including the power purchase agreement with Nepal Electricity Authority for importing 300 MW of electricity.

5 min read10 Jul 2023
Companies

PTC India reports 5-fold growth in FY22 net profit

The PTC India profit before tax stood at Rs. 33.53 crore and profit after tax stood at Rs. 24.98 crore for Q4FY22

1 min read17 Nov 2022
Industry

14 renewable energy producers show interest as PTC seeks EoIs for 1,000 MW green energy

Most of the big domestic private players including Tata Power Renewable Energy, Torrent Power, ReNew Power etc. participated in the process

4 min read8 Nov 2022
Markets

REC and 5 other stocks that pay dividends higher than bank FD rates

Annual dividend yield of IOCL currently stands at whopping 16.75%, which is more than long term equity mutual fund return that an investor expects

3 min read27 Oct 2022
Industry

India to purchase surplus electricity from Bhutan’s state-run Druk Green Power

Electricity from the power plant will be supplied to Assam, Bihar, Odisha and West BengalBhutan, located between India and China, can generate 30,000MW of hydropower

2 min read21 Aug 2019
Industry

ReNew Power, NTPC eye PTC India's wind power business

ReNew Power and NTPC are expected to soon submit binding bids for acquiring the PTC India's wind power assetsThe sale, being managed by KPMG's investment banking arm, could fetch a valuation of around ₹2,000 crore

1 min read12 Apr 2019
Companies

PTC India wind power sale attracts Hero, Macquarie, CLP

KPMG will manage sale of PTC India's 290MW of wind power projects spread across Madhya Pradesh, Karnataka and Andhra Pradesh

3 min read11 Jan 2019
Industry

PFS gets ₹1,400-cr credit facilities from SBI

This arrangement also includes a partial credit enhancement (PCE) facility of ₹400 crore, which will support ₹2,000 crore bond issuance

1 min read7 Jan 2019
Industry

PTC India begins process to find investor for wind energy business

India's renewable energy sector has seen several investments and mergers and acquisitions in the last few years

2 min read7 Jan 2019
Industry

BSE, PTC, ICICI to set up power exchange

The proposed power exchange will offer the market participants a credible power trading platform

2 min read10 Sep 2018
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