PTC chosen as aggregator for buying 2,500 Mw power from stressed producers
PTC India on Tuesday said it has been selected as an aggregator for purchasing 2,500 MW of power from stressed coal-based energy plants under a central scheme.
The state-owned company will invite bids for purchasing the power over a medium-term and enter into supply pacts with distribution companies.
“PTC India is committed to addressing the challenges and create value for all stakeholders. PTC endeavours to meet the dynamic needs of the power sector through its holistic solutions. At the market discovered price, PTC would make every effort to place power with the state discoms,” PTC India CMD Deepak Amitabh said.
