PTC India has started electricity supply to the Kerala State Electricity Board under the power ministry's Pilot Scheme-II. 270-MW electricity supply starts from January 1, 2022, from the project of Jindal India Thermal Power in Odisha to Kerala under the medium term for three years. PTC India was selected as an aggregator to facilitate the sale and purchase of power.
The tariff was discovered at the rate of Rs 3.26 per unit through a competitive bidding process on the DEEP e-bidding portal and was the lowest under a medium-term contract. PTC has also tied up power under the scheme with TANGEDCO and JKPCL.
PTC India is principally engaged in trading of power. PTC holds Category I license from Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes.
