Tagged: PTC India Ltd

PTC defers $1 bn energy infrastructure fund plan

Electricity trader PTC India Ltd has deferred plans for a $1 billion energy infrastructure fund, reflecting the waning interest in the country’s power sector, once a big draw for investors but now buffeted by...

Lanco Infratech to supply 300MW power to MP Discoms

Infrastructure firm Lanco InfratechBSE 0.07 % will now sell 300 megawatt of power produced from its first domestic coal-fired plant Lanco Amarkantak in Chhattisgarh to the power distribution companies (Discoms) of Madhya Pradesh, after...

PTC India to raise $40 million from IFC

PTC India Financial Services Limited (PFS) will raise around $40 million from International Finance Corporation (IFC) to fund various wind power projects, which can generate around 75-125 MW of power in the southern states...

Tolling business boosts PTC India

After five consecutive quarters of revenue decline, PTC India Ltd reported a 16.9% growth in revenue, but there are questions about its sustainability as tolling projects get delayed and state electricity boards (SEBs) take...

State inks pact with PTC for 400 MW power

The MP Power Management Company Limited and Power Trading Corporation (PTC) signed a medium-term agreement for purchase of 400 MW power. As per the agreement, the state will get 400 MW power from October...

PTC India to retain only 5% stake in IEX

PTC India Ltd, one of the promoters of the Indian Energy Exchange (IEX), plans to sell part of its stake in the bourse, retaining a minority 5%, in line with regulations.   File Photo...

ICRA assigns `A+` on PTC India

Credit rating agency, ICRAhas assigned a fresh rating of A+ to Rs 3 billion Non-convertible Debenture (NCD) programme of PTC India Financial Services (PFS).ICRA has withdrawn the outlook on long term rating of A+ outstanding on NCD of Rs 5...