PTC India on Tuesday said it has received overwhelming response from clean energy players to supply 3,500 MW renewable power, higher than the 1,000 MW the company had sought. This is a first-of-its-kind development in the Indian power market wherein a trading licensee intended to purchase renewable power for onward sale through market linked products, it added.
“PTC 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,” a company statement said.
