Table of Contents
- 1 What is the business of PTC India?
- 2 What does power trading Corporation do?
- 3 Is PTC India a good buy for long term?
- 4 Who is promoter of PTC India?
- 5 Who owns PTC India?
- 6 How many power exchanges are there in India?
- 7 Who are the promoters of PTC India Ltd?
- 8 What is target for PTC?
- 9 What are the power trading companies in India?
- 10 What is the role of PTC in power market?
What is the business of PTC India?
PTC India Limited, formerly Power Trading Corporation of India Limited, is an Indian company that provides power trading solutions, cross border power trading, and consultancy services….PTC India.
| Formerly | Power Trading Corporation of India Limited |
|---|---|
| Industry | Energy |
| Founded | 16 April 1999 |
| Founder | Government of India |
What does power trading Corporation do?
(formerly known as Power Trading Corporation of India Limited), was incorporated in 1999 to undertake trading of power to achieve economic efficiency and security of supply and to develop a vibrant power market in the country.
How is power trading done in India?
A power exchange functions on the lines of a commodity trading platform, allowing the purchase and sales of electricity. Till now it was only through spot contracts for the same day, next day, and on a weekly basis. India has already notified cross-border trading regulations.
Is PTC India a good buy for long term?
Is PTC India a good long term investment? Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that PTC India Ltd is an average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Who is promoter of PTC India?
The Shareholding Pattern page of PTC India Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – PTC India Ltd. | ||
|---|---|---|
| Holder’s Name | No of Shares | \% Share Holding |
| NoOfShares | 296008321 | 100\% |
| Promoters | 48000000 | 16.22\% |
What is PTC product?
PTC products and services include Internet of things (IoT), augmented reality (AR), and collaboration software. They also do consulting, implementation and training business.
Who owns PTC India?
NTPC Limited
Power Grid Corporation of IndiaPower Finance CorpNHPC Limited
PTC India/Owners
How many power exchanges are there in India?
IEX is one of the two operational Power Exchanges in India. Ever since its incorporation, it has held an influential market share….Indian Energy Exchange.
| Type | Stock Exchange |
|---|---|
| Headquarters | New Delhi, India |
| Products | Electrical power Energy Exchange |
| Services | Power Trading |
| Subsidiaries | Indian Gas Exchange |
Who are the promoters of PTC India?
The Shareholding Pattern page of PTC India Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – PTC India Ltd. | ||
|---|---|---|
| NoOfShares | 296008321 | 100\% |
| Promoters | 48000000 | 16.22\% |
| ForeignInstitutions | 102659679 | 34.68\% |
| NBanksMutualFunds | 2481143 | 0.84\% |
Who are the promoters of PTC India Ltd?
Note: The Share of the promoter companies (POWERGRID, NTPC, PFC & NHPC) is limited to 16\% of the issued share capital of the company and the balance 84\% is owned by Financial Institutions, Large Utilities and Public at large.
What is target for PTC?
with a target price of Rs 150. The current market price of PTC India Ltd. is Rs 98.55.
What is the business model of PTC India?
– Quora What is the business model of Power Trading Corporation of India (PTC India) and how does this company make money? PTC India Ltd. (Formerly Power Trading Corporation of India Ltd.) is a Power Trading Company, or you can say it is a Power Broker.
What are the power trading companies in India?
There are also two Power Exchanges operational in India, just like Stock Exchange, where PTC can sell power of or buy power for its client. Competitors: Apart from PTC, NVVN (Trading arm of NTPC), Tata Power Trading, GMR Trading, Manikaran Power Trading, Mittal Processors, JSW Power Trading are other companies that are active Power Traders in India
What is the role of PTC in power market?
Modus Operandi: PTC looks out for Power Suppliers or entities who can supply or sell power, it then arranges buyers for them. In the bargain it gets commission from either party, that is how it makes money. This commission in power market terms is called Trading Margin
Where is PTC located in India?
Headquartered in New Delhi, India, the company also has operations in Nepal, Bhutan, and Bangladesh. PTC India’s subsidiaries PTC India Financial Services Limited and PTC Energy Limited provide financial assistance for companies in the power sector and run renewable energy projects respectively.
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