# PTC India

> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/PTC_India
> Markdown URL: https://mediated.wiki/source/PTC_India.md
> Source: https://en.wikipedia.org/wiki/PTC_India
> Source revision: 1301337229
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

{{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](/source/Public_company)
| traded_as = {{ubl|{{BSE|532524}}|{{NSE|PTC}}}}
| ISIN = INE877F01012
| industry = [Energy](/source/Energy)
| founded = {{Start date and age|df=yes|1999|04|16}}<ref name = "BusinessStandard1"/>
| founder = [Government of India](/source/Government_of_India)<ref name = "BusinessStandard1"/>
| hq_location = NBCC Tower, 15 Bhikaji Cama Place
| hq_location_city = [New Delhi](/source/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](/source/Power_Grid_Corporation_of_India) (4.05%)|[Power Finance](/source/Power_Finance_Corporation) (4.05%)|[NTPC](/source/NTPC_Limited) (4.05%)|[NHPC](/source/NHPC_Limited) (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](/source/New_Delhi), the company also has operations in [Nepal](/source/Nepal), [Bhutan](/source/Bhutan), and [Bangladesh](/source/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](/source/electricity_market) after [Indian Energy Exchange](/source/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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Adapted from the Wikipedia article [PTC India](https://en.wikipedia.org/wiki/PTC_India) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/PTC_India?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
