PTC India has received an interest of supply of 3500 MW of Renewable Energy (RE) from a total of 14 of the top RE producers against its Expression of Interest for procurement of 1000 MW for onward sale through market linked RE products. This model will lead to significant changes in the present electricity market structure and speed up the renewable energy generation.
Most of the big domestic private players, including Tata Power Renewable Energy (TPREL), Torrent Power and ReNew Power, participated in the process. Besides, many internationally renowned companies like Enel Green and Engie Power have also shown interest.
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.
