PTC India Limited, formerly known as Power Trading Corporation of India Limited, is the leading provider of power trading solutions in India, established in 1999 as a Government of India initiated Public-Private Partnership. The company is promoted by Public Sector majors in the industry including NTPC, Power Grid Corporation, Power Finance Corporation, and NHPC, giving it a strong foundation in India's power sector ecosystem.
PTC India operates as a public-private partnership entity that provides comprehensive power trading solutions. Headquartered in New Delhi, the company has expanded its operations to neighboring countries including Nepal, Bhutan, and Bangladesh, establishing itself as a regional player in South Asian power markets.
The company's primary business revolves around power trading activities that address market inefficiencies in India's electricity sector. PTC undertakes both long-term trading of power generated from large power projects and short-term trading arising from supply and demand mismatches. The pioneering service led to recognition of "Power Trading" as a distinct licensed activity in the Electricity Act 2003, and PTC holds Category I license from Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes.
PTC is the pioneer in implementing the power trading concept in India and has successfully demonstrated its efficacy in optimally utilizing existing infrastructure. The company has maintained the No. 1 position in electricity trading since sustained trading began in 2000-01. It is co-promoter of India's first electricity exchange (IEX) and actively engages in cross-border trade with Nepal, Bhutan, and Bangladesh.
PTC has strategically positioned itself in the renewable energy sector through multiple initiatives. Through its wholly-owned subsidiary PTC Energy Ltd., the company has commissioned 288.8 MW of wind power projects in Madhya Pradesh, Karnataka, and Andhra Pradesh, with signed power purchase agreements with respective State Discoms. As a trendsetter, PTC signed power purchase agreements with wind developers for 1,050 MW Inter-State Transmission System (ISTS)-connected wind power projects through reverse auction mechanism, with firm power supply agreements signed with Discoms of Uttar Pradesh, Bihar, Jharkhand, Delhi, Odisha, and Assam.
CRISIL awarded the highest MNRE Grade SP 1A to PTC India, indicating the company possesses the 'Highest Performance Capability and Highest Financial Strength' to undertake solar PV technology projects. The company has also contracted for supply of more than 500 MW of solar and small hydro power on short-term basis.
PTC has built an integrated energy value chain through its 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. PTC India Financial Services Limited (PFS) is registered with RBI as a NBFC and classified as "Infrastructure Finance Company (IFC)" by RBI, listed on BSE and NSE, engaged in making investments and providing financing solutions to companies with projects in the power sector across the entire energy value chain.
Through PTC India Financial Services Ltd., the company provides debt and equity financing services to renewable projects across India, with more than 60% of PFS's debt portfolio comprising renewable energy projects.
PTC India reported revenue of ₹2,886.93 Crore and net profit of ₹371.87 Crore for Q4 FY25 (March 2025). The company's net profit jumped 307.5% compared to the same period last year, reaching ₹351.51 Crore in Q4 FY2024-2025, with a 123.04% jump in quarterly profits. The company has a market capitalization of ₹5,404 Crore as of recent data.
In the quarter ending March 2025, PTC India declared a dividend of ₹5, translating to a dividend yield of 7.13%. The company announced its 26th AGM on August 8, 2025, and declared a final dividend of ₹6.70 per share for FY 2024-25 with record date of August 1, 2025.
PTC India is one of the largest power trading companies in India with presence in more than 25 countries, offering a wide portfolio including power trading, fuel management, energy services, and e-governance. The company is involved in trading renewable energy certificates, carbon credits, and energy efficiency certificates, with top products including power trading services, fuel management services, energy services, and e-governance services.
PTC India has launched innovative products and services such as PTC Solar, PTC Wind, and PTC Energy Solutions, demonstrating its commitment to evolving market needs and technological advancement.
As of March 31, 2025, NHPC, NTPC, Power Grid, and Power Finance Corporation each hold a 4.05% stake in PTC India, totaling 16.22% for promoters, while the public holds the remaining 83.78%. 16% of the company is publicly owned by the Indian government, reflecting its public-private partnership structure.
PTC India Limited stands as a pioneering force in India's power sector transformation, leveraging its established market position, government backing, and strategic focus on renewable energy to drive sustainable growth in the evolving energy landscape.
