PTC India has inked pact with Bhutan's Druk Green Power Corporation for buying surplus power from the 720 MW Mangdechhu hydro-power plant in Bhutan for the next 35 years. The government has designated PTC as the nodal agency from Indian side to purchase surplus power from Bhutan.
With the commissioning and starting of supply from Mangdechhu, the company will be managing around 2,130 MW of hydro capacity from Bhutan. The Mangdechhu plant is a 720 MW run-of-river power project built on the Mangdechhu river in Trongsa Dzongkhag district of central Bhutan. The project is funded by a mix of debt and grant from India.
The project is estimated to generate 2,923 GWh (2.923 billion units) of electricity and offset 2.2 Mt of CO2 a year. The energy generated will be transmitted to India through Jigmeling and Salakati sub-station.
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.