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Last Updated on July 29, 2020
Implementing Partners
Thematic Areas
Sector : Trading
International Origin : No
Company Type: Exchange Listed (BSE,NSE)
CSR Financial Details (INR Cr.)
Financial Insights
Estimated Prescribed CSR Budget FY 2019 - 2020: INR 8.34 Cr
About the company
PTC India Limited was born in April 1999 out of the need for an institution which would provide credit risk mitigation to private power project developers. At a point in time when no private player was willing to venture into this arena, the Government initiated the inception of the Company. PTC is a unique example of a successful Public-Private Partnership where the diverse representation on its Board of Directors sets the tone for its transparent governance practices. PTC is a pioneer in starting a power market in India and undertakes trading activities which include long term trading of power generated from large power projects as well as short term trading arising as a result of supply and demand mismatches, which inevitably arise in various regions of the country. Since July 2001, when it started trading of power on a sustainable basis, it has provided the best value to both the buyers and sellers while ensuring optimum utilization of resources. PTC has grown from strength to strength, surpassing all expectations of growth and has evolved into a more then Rs.2600 Crore as on march 2015 company in this short period of time with a client base covering all the state utilities of the country as well as some power utilities in the neighbouring countries.
PTC Foundation Trust:
In line with the corporate social commitment, PTC has established “PTC Foundation Trust” in October 2016 to professionally and effectively undertake the activities pursuant to the CSR vision of PTC and the group companies. Their tag line empowering Community with a capital P articulates their link to the power industry and their mindfulness of the responsibility towards the community that sets no boundaries on the entrepreneurial spirit of PTC Group.
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