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PFCCL signs MoU with PTC to procure power from stranded projects


The MoU was executed in presence of Shri. Rajeev Sharma, CMD, PFC, Functional Directors of PFC, senior officials of PFCCL and Shri. Deepak Amitabh, CMD and other officials of PTC India Ltd.

By PPFI Team

January 05, 2018

PFC Consulting Ltd. (PFCCL), a wholly owned subsidiary of Power Finance Corporation Ltd., has entered into a Memorandum of Understanding (MoU) with PTC India Ltd. for jointly exploring opportunities for procurement of power from the coal-based commissioned Thermal Power Projects for supply to Discoms and facilitate signing of Power Purchase Agreements. 


PFC Consulting Limited (PFCCL) carries ahead an established track record of 13 years in consulting and a diversified portfolio of assignments from various segments of Power & associated Sectors in India. It has worked on over 70 assignments for 39 Clients spread across 21 States of India thus attaining a wide presence across various segments of Power Sector over the map of India. 

PTC India Ltd. (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. PTC has maintained the largest market share since inception and is No. 1 in last 16 years of operations with its innovative products and services.



The MoU was executed in presence of Shri. Rajeev Sharma, CMD, PFC, Functional Directors of PFC, senior officials of PFCCL and Shri. Deepak Amitabh, CMD and other officials of PTC India Ltd.

Shri. Subir Mulchandani, Chief Executive Officer, PFCCL and Shri. Rajib Kumar Mishra, Director, PTC India Ltd. signed the MoU on behalf of their respective organisations. 


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