MoneyWorks4Me

PTC India bags new project worth Rs 75 crore from EESL

07 Mar 2020 Evaluate

PTC India has recently won consulting projects worth Rs 75 crore from its long-term associate Energy Efficiency Services (EESL). The company will now manage EESL's flagship ‘Street Light National Program’ (SLNP) in Gujarat, Bihar, Maharashtra, Jammu & Kashmir and West Bengal. Order for Gujarat has been received and PTC is the lowest bidder for the remaining states.

Under SLNP, the company is already offering similar services to EESL in the States of Rajasthan, Andhra Pradesh, Haryana and Uttarakhand.

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
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