PTC India Ltd
PTC India Ltd Company History
PTC India is principally engaged in trading of power. PTC holds Category I license from Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes.
2004
Signs a memorandum of understanding with Enercon for its two wind power plants in Rajasthan and Karnataka
Signs Power Purchase Agreement (PPA) to buy 750 MW power from Australian firm Snowy Mountain Engineering Company (SMEC) which is setting up a plant at West Seti in Nepal
Announces an Initial Public Offering (IPO) of 5.85 crore equity shares of Rs 10 each at a price of Rs 16, issue oversubscribed 46.43 times, becomes the first power trading company to be listed on the bourses, gets listed at Rs 30.80, a premium of 93% over its issue price of Rs 16
PTC signs a MoU with Punjab State Electricity Board (PSEB) for sale of 100 MW Power from Malana Hydro Electric Project being developed in the State of Himachal Pradesh by an IPP
Power Trading Corporation of India Ltd (PTC) has informed that the Company and ONGC entered into a MoU for trading of entire additional power by PTC from ONGC's existing and new power generating projects that are proposed to be set up all over the country
PTC forges alliance with CESC
PTC signs MoU with firms for 9000 mw
2004
2005
PTC India signs Power Sale Agreement for Lanco Amarkantak TPP
2005
2007
PTC India signs MoU with IIFC
PTC acquires 26-pc stake in Indian Energy Exchange
PTC India Ltd has informed that Mrs. Preeti Saran has joined the Company's Board as Director w.e.f. September 28, 2007.
PTC geys FIPB nod to rope in foreign cos in subsidiary
2007
2008
PTC India Ltd has informed that Shri. Deepak Amitabh and Shri. Shashi Shekhar has been appointed as Directors of the Company as Whole-time Directors w.e.f. January 25, 2008.
PTC India Ltd appointed Shri. Satish C Mehta as independent Director of PTC w.e.f. December 20, 2008. Presently, he is working as Joint Secretary in the office of Ministry of External Affairs, Government of India.
PTC entered into an agreement with Sweco Groner AS, Norway
PTC forays into wind energy
IREDA Signs MoU With PTC India & PFSL.
2008
2009
Company has recommended to the shareholders dividend @ 12%.
Shri. I.C.P. Keshari has been appointed as Director of the Company.
2009
2010
RBI gives Infrastructure Finance Company status to PTC India Financial Services Limited (PFS) a subsidiary of PTC.
Board recommends 12% dividend to the Shareholders i.e. Re. 1.20 per equity share.
2010
2011
Board of Directors of the Company has recommended the dividend @ 15% (Rs. 1.50 per equity share).
Mr. V. M. Kaul has been appointed as nominee Director of Powergrid Corporation of India Ltd.
2011
2012
PTC comes into Power Tolling Agreement with SEPL for Nellore based thermal power plant.
Shri Deepak Amitabh has joined as CMD, PTC. Shri S.N. Goel has joined as Director (Marketing & Operations), PTC.
The Company has recommended the dividend @ 15% (Rs. 1.50/- per equity share).
2012
2013
PTC India has recommended the dividend @ 16% (Rs. 1.60 per equity share).
PTC and REMC, recently set up venture of Indian Railways and RITES, sign MoU to transact power.
2013
2014
PTC India has recommended the dividend @ 20% (Rs. 2 per equity share).
2014
2016
PTC India wins bid in first e-bidding for short term power
2016
2017
PTC India ties up pacts for 1,050 mw wind power supply.
2017
2019
PTC inks pact for 720 MW Mangdechhu plant in Bhutan.
2019
2020
PTC India has bagged consulting projects worth Rs 75 crore from state-owned Energy Efficiency Services Ltd (EESL).
2020
2021
Acquisition of Energy Consulting Business undertaking of IL&FS Energy Development Company, a Group Company of IL&FS.
2021
