MoneyWorks4Me

PTC India wins bid for aggregator under MoP Pilot Scheme-II

01 Jan 2020 Evaluate

PTC India has been selected as aggregator for Pilot Scheme - II issued by Ministry of Power (MoP) for resolution of stressed thermal assets. The scheme is for procurement and supply of 2,500 MW power on medium term basis for three year's period. The technically qualified bidders PTC and NVVN had participated in the auction process. PFC Consulting which is the Nodal Agency for this scheme, conducted the bid process on December 27, 2019.

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.

Peers
Company Name CMP
NTPC 326.20
Tata Power 366.80
Adani Power 203.00
Power Grid Corpn. 269.25
Adani Energy Solut. 1339.40
View more..