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PTC India inks pact with Bhutan's Druk Green Power Corporation to supply 600 MW power

20 Dec 2022 Evaluate

PTC India has entered into an agreement with Bhutan's electricity utility firm Druk Green Power Corporation to supply 600 MW power to the neighbouring country during the winter season.

Moreover, Bhutan has also executed an agreement with the settlement nodal agency for settlement of grid operation related charges. With all requisite approvals, Bhutan will now start procuring up to 600 MW of power through PTC from the Indian power market.

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.

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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