PTC India has partnered with Belgium-based N-Side to work on developing a predictive solution for the Indian power market. As part of a long-term strategy to position itself as a technology-enabled solutions provider in the electricity value chain, PTC India is building a portfolio of forecasting tools across various tenors to forecast demand and prices in the electricity markets.
The new solution will be in addition to PTC's in-house Analytics Lab that has been set up to generate proprietary analysis and insights for its internal use as well as for its clients. PTC India has maintained its leadership position in power trading since inception. The company has also been mandated by the government to trade electricity with Bhutan, Nepal and Bangladesh.
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.
