{"id":617854,"date":"2023-11-17T10:36:25","date_gmt":"2023-11-17T05:06:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=617854"},"modified":"2023-11-17T11:33:22","modified_gmt":"2023-11-17T06:03:22","slug":"ptc-india-to-be-debt-free-post-divestment-of-ptc-energy-to-ongc-says-cmd-rajib-k-mishra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ptc-india-to-be-debt-free-post-divestment-of-ptc-energy-to-ongc-says-cmd-rajib-k-mishra\/","title":{"rendered":"PTC India to be debt free post divestment of PTC Energy to ONGC, says CMD Rajib K Mishra"},"content":{"rendered":"<p>Power trading solution provider PTC India would soon achieve a debt-free status following the divestment of its arm, PTC Energy, to ONGC for an enterprise value of Rs 2,021 crore, according to a top official. PTC India in October announced that the upstream firm ONGC had emerged as the successful bidder for acquiring its 100 per cent stake in PTC Energy for an enterprise value of Rs 2,021 crore. <\/p>\n<p>In an interview with PTI, PTC India Chairman and Managing Director Rajib K Mishra said, \u201cWith the transfer of PTC Energy\u2019s assets, the company would become virtually debt-free.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power trading solution provider PTC India would soon achieve a debt-free status following the divestment of its arm, PTC Energy, to ONGC for an enterprise value of Rs 2,021 crore, according to a top official. PTC India in October announced that the upstream firm ONGC had emerged as the successful bidder for acquiring its 100 per cent stake in PTC Energy for an enterprise value of Rs 2,021 crore. In an interview with PTI, PTC India Chairman and Managing Director Rajib K Mishra said, \u201cWith the transfer of PTC Energy\u2019s assets, the company would become virtually debt-free.\u201d<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-617854","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/617854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=617854"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/617854\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=617854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=617854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=617854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}