PTC India will sign medium-term power purchase agreements (PPAs) for 1,900 MW coal-based power capacities with seven companies and five states by October-end under a pilot scheme.
After this tender, the company plans another round of 3,000 MW of medium term PPAs to give some relief to stressed power projects as PPAs are required for getting fuel supplies.
PTC India is engaged in the business of trading activities that includes long term trading of power generated from large power projects as well as short term trading in India.
