PTC India: Difference between revisions

What links here Related changes Page information Get shortened URL
Created by EcoWizard
Last edited October 20, 2021
← Older edit
VisualWikitext
CleanupBot (talk | contribs)
Bots
17,849 edits
m →References: clean up, add source tag
->Rohittrix
"Value destructive" was termed by few disgruntled investors and since then the stock has already hit its 5 year high. Such odd articles simply highlight personal grudges against the company and should be avoided.
 
Line 18: Line 18:
| founded = {{Start date and age|df=yes|1999|04|16}}<ref name = "BusinessStandard1"/>
| founded = {{Start date and age|df=yes|1999|04|16}}<ref name = "BusinessStandard1"/>
| founder = [[Government of India]]<ref name = "BusinessStandard1"/>
| founder = [[Government of India]]<ref name = "BusinessStandard1"/>
| hq_location = NBCC Tower, 15 Bhikaji Cama Place,
| hq_location = NBCC Tower, 15 Bhikaji Cama Place
| hq_location_city = [[New Delhi]]
| 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}}</ref>
| 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}}</ref>
Line 53: Line 53:


'''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, India, 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>
'''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, India, 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>
The investment decisions of PTC management was criticized as "value destructive" by some institutional investors in August 2018.<ref>{{cite web |last1=Vyas |first1=Jwalit |title=Funds unhappy with show of PTC India, want core focus |url=https://economictimes.indiatimes.com/markets/stocks/news/funds-unhappy-with-show-of-ptc-india-want-core-focus/articleshow/65495775.cms |website=The Economic Times |accessdate=24 March 2019 |date=22 August 2018}}</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>
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>
Line 64: Line 62:
[[Category:Electric power companies of India]]
[[Category:Electric power companies of India]]
[[Category:Companies based in New Delhi]]
[[Category:Companies based in New Delhi]]
 
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]


{{India-company-stub}}
{{India-company-stub}}
{{en-Wikipedia}}

Latest revision as of 13:52, 20 October 2021


PTC India Limited
Formerly
Power Trading Corporation of India Limited
Traded as
ISININE877F01012
IndustryEnergy
Founded16 April 1999; 27 years ago (1999-04-16)[1]
Founder(s)Government of India[1]
HeadquartersNBCC Tower, 15 Bhikaji Cama Place,
New Delhi
,
India[2]
Areas served
India, Nepal, Bhutan, and Bangladesh
Key people
Deepak Amitabh (Chairman & MD)[3]
RevenueIncrease ₹19,786.60 crore (US$2.8 billion)[4] (FY18)
Owners
Subsidiaries
  • PTC India Financial Services Limited (65%)
  • PTC Energy Ltd.[6]
Websitewww.ptcindia.com

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, India, the company also has operations in Nepal, Bhutan, and Bangladesh.[7] 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.[1]

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.[8]

References[edit | edit source]

  1. ↑ 1.0 1.1 1.2 "PTC India Ltd. (PTC) - Company History". Business Standard India. Retrieved 24 March 2019.
  2. ↑ "Contact Us". PTC India. Retrieved 24 March 2019.
  3. ↑ "Board of Directors". PTC India. Retrieved 24 March 2019.
  4. ↑ "Annual-Report-2017-18" (PDF). PTC India. Retrieved 24 March 2019.
  5. ↑ "Shareholders". PTC India. Retrieved 24 March 2019.
  6. ↑ "Subsidiaries". PTC India. Retrieved 24 March 2019.
  7. ↑ "Company Overview of PTC India Limited". Bloomberg. Retrieved 24 March 2019.
  8. ↑ Dhanjal, Swaraj Singh (6 January 2019). "PTC India begins process to find investor for wind energy business". Mint. Retrieved 24 March 2019.
Stub icon 1 Stub icon 2

This article about an Indian company is a stub. You can help Bharatpedia by expanding it.

Retrieved from "https://en.bharatpedia.org/w/index.php?title=PTC_India&oldid=249827"
Discover more