{{Use dmy dates|date=July 2019}} {{short description|Power trading company}} {{Infobox company | name = PTC India Limited | logo = PTC India logo.svg | logo_size = | logo_alt = | logo_caption = | image = | image_size = | image_alt = | image_caption = | former_name = Power Trading Corporation of India Limited | type = Public | traded_as = {{ubl|{{BSE|532524}}|{{NSE|PTC}}}} | ISIN = INE877F01012 | industry = Energy | founded = {{Start date and age|df=yes|1999|04|16}}<ref name = "BusinessStandard1"/> | founder = Government of India<ref name = "BusinessStandard1"/> | hq_location = NBCC Tower, 15 Bhikaji Cama Place | hq_location_city = New Delhi | hq_location_country = India<ref>{{cite web |title=Contact Us |url=https://www.ptcindia.com/contact_us.php |website=PTC India |accessdate=24 March 2019 |archive-date=24 March 2019 |archive-url=https://web.archive.org/web/20190324114552/https://www.ptcindia.com/contact_us.php |url-status=dead }}</ref> | num_locations = | num_locations_year = <!-- Year of num_locations data (if known) --> | areas_served = India, Nepal, Bhutan, and Bangladesh | key_people = Dr. Manoj Kumar Jhawar<small>(Chairman & MD)</small><ref>{{cite web |title= Dr Manoj Kumar Jhawar takes over as full-time CMD of PTC India Ltd|url=https://www.ptcindia.com/about-us/board-of-directors/|website=ptcindia.com |language=en}}</ref> | products = | brands = | production = | production_year = <!-- Year of production data (if known) --> | services = | revenue = {{down}} {{INRConvert|17680|c}}<ref name="Annual-Report-2017-18">{{cite web |title=Annual-Report-2017-18 |url=https://www.ptcindia.com/files/investor_relation/PTC-Annual-Report-2017-18.pdf |website=PTC India |accessdate=24 March 2019 |archive-date=24 March 2019 |archive-url=https://web.archive.org/web/20190324115505/https://www.ptcindia.com/files/investor_relation/PTC-Annual-Report-2017-18.pdf |url-status=dead }}</ref> | revenue_year = FY2022 | operating_income = {{down}} {{INRConvert|1540.22|c}} | income_year = FY2022 | net_income = {{down}} {{INRConvert|426.36|c}} | net_income_year = FY2022 | aum = <!-- Only for financial-service companies --> | assets = | assets_year = <!-- Year of assets data (if known) --> | equity = | equity_year = <!-- Year of equity data (if known) --> | owners = {{ubl|Power Grid (4.05%)|Power Finance (4.05%)|NTPC (4.05%)|NHPC (4.05%)<ref>{{cite news |title=PTC India stocks in focus as ONGC to buy PTC Energy for Rs 925 crore |url=https://www.businesstoday.in/markets/company-stock/story/ptc-india-stocks-in-focus-as-ongc-to-buy-ptc-energy-for-rs-925-crore-402694-2023-10-20 |access-date=1 March 2024 |work=Business Today |date=20 October 2023 |language=en}}</ref>}} | num_employees = | num_employees_year = <!-- Year of num_employees data (if known) --> | parent = | divisions = | subsid = {{ubl|PTC India Financial Services Limited (65%)|PTC Energy Ltd.<ref>{{cite web |title=Subsidiaries |url=https://www.ptcindia.com/subsidiaries.php |website=PTC India |accessdate=24 March 2019 |archive-date=24 March 2019 |archive-url=https://web.archive.org/web/20190324114715/https://www.ptcindia.com/subsidiaries.php |url-status=dead }}</ref>}} | module = <!-- Used to embed other templates --> | website = {{URL|https://www.ptcindia.com/}} | footnotes = }}
'''PTC India Limited''', formerly '''Power Trading Corporation of India Limited''', is an Indian company that provides power trading solutions, cross border power trading, and consultancy services. Headquartered in New Delhi, the company also has operations in Nepal, Bhutan, and Bangladesh.<ref>{{cite web |title=Company Overview of PTC India Limited |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=9132241 |website=Bloomberg |accessdate=24 March 2019}}</ref> PTC India's subsidiaries PTC India Financial Services Limited and PTC Energy Limited provide financial assistance for companies in the power sector and run renewable energy projects respectively.<ref name = "BusinessStandard1">{{cite web |title=PTC India Ltd. (PTC) - Company History |url=https://www.business-standard.com/company/ptc-india-20076/information/company-history |website=Business Standard India |accessdate=24 March 2019}}</ref> 16% of the company is publicly owned by the Indian government.<ref>{{Cite web |date=2023-01-11 |first=Rishi Ranjan |last=Kala |title=Adani, Reliance Power eye govt stake in PTC India |url=https://www.thehindubusinessline.com/companies/adani-reliance-power-eye-govt-stake-in-ptc-india/article66365830.ece |access-date=2023-07-04 |website=www.thehindubusinessline.com |language=en}}</ref><ref>{{Cite news |first= Varun |last=Vyas |date=2023-02-20 |title=Adani decides against bid for stake in state-backed PTC India - Bloomberg News |language=en |work=Reuters |url=https://www.reuters.com/markets/deals/adani-decides-against-bid-stake-state-backed-ptc-india-bloomberg-news-2023-02-20/ |access-date=2023-07-04}}</ref>
As of January 2019, PTC Energy managed a renewable energy portfolio of around 290 megawatts of wind assets across Madhya Pradesh, Karnataka and Andhra Pradesh.<ref>{{cite web |last1=Dhanjal |first1=Swaraj Singh |title=PTC India begins process to find investor for wind energy business |url=https://www.livemint.com/Industry/b2k3VFJTAfBZFfKbJCvGdO/PTC-India-begins-process-to-find-investor-for-wind-energy-bu.html |website=Mint |accessdate=24 March 2019 |language=en |date=6 January 2019}}</ref>
In 2020, PTC received approval to create India's third power exchange after Indian Energy Exchange (IEX) and Power Exchange India (PXIL).<ref>{{Cite web |last=Jai |first=Shreya |date=2020-08-04 |title=PTC India gets nod to set up third power exchange; launch likely by next FY |url=https://www.business-standard.com/article/companies/ptc-india-gets-nod-to-set-up-third-power-exchange-launch-likely-by-next-fy-120080400042_1.html |access-date=2023-07-04 |website=www.business-standard.com |language=en-US}}</ref>
==References== <references />
Category:Indian companies established in 1999 Category:Electric power companies of India Category:Companies based in New Delhi Category:Companies listed on the National Stock Exchange of India Category:Companies listed on the Bombay Stock Exchange
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