PTC India has roped in SBI Capital Markets (SBICAPS) as consultant for monetising investments in its arm PTC Energy. SBICAPS shall conduct an analysis of investments to suggest future strategy to be adopted for divestment/holding of the investment in its subsidiary company PTC Energy.
The exercise being undertaken by SBICAPS seeks to assist PTC in their capital allocation. The exercise will enable PTC to do a comprehensive review of investments and ability to monetise them either partially or fully.
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.
