This PSU power trading company to supply 600 megawatt of power in Bhutan

This PSU power trading company to supply 600 megawatt of power in Bhutan

by 5paisa Research Team Last Updated: Dec 21, 2022 - 06:18 pm 6k Views

The company holds a Category I license, the highest category with permission to trade unlimited volumes.

PTC India has entered into an agreement with Bhutan's electricity utility firm Druk Green Power Corporation to supply 600 MW of power to the neighbouring country during the winter season.

Moreover, Bhutan has also executed an agreement with the settlement nodal agency for the settlement of grid operation-related charges. With all requisite approvals, Bhutan will now start procuring up to 600 MW of power through PTC from the Indian power market.

PTC India is engaged in the business of power trading business. The companies’ main segments are Power trading, Advisory Services, Renewable Energy and Investments. The company supplies power to 27 states and union territories. It has over 500 industrial (retail) customers. The company has achieved volume growth of over 14% in the last 6 years and dominant market player with about 40% market share in total traded power.

Today, the stock opened at Rs 79.30 with a high and low of Rs 82.50 and Rs 78.10. The stock previously closed at Rs 79.55. Today it closed trading at Rs 78.65, down by 1.13%.

In the last six months, the shares of the company have given 9.59% returns and on a YTD basis, the stock has given -29.08 returns.

The stock has a 52-week high of Rs 114.75 and a 52-week low of Rs 67.75. The company has a ROCE of 9.87% and an ROE of 11.0% with a market capitalisation of Rs 2,328 crore.

How do you rate this article?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest News
Sahana Systems IPO GMP (Grey Market Premium)

Sahana Systems IPO worth ₹32.74 crore comprises entirely of a fresh issue of shares by the company. The price band has been fixed in the range of ₹132 to ₹135.

  • Jun 07, 2023
Spectrum Talent Management IPO GMP (Grey Market Premium)

The ₹105.14 crore IPO of Spectrum Talent Management IPO comprises entirely of a combination of a fresh issue of shares and an offer for sale (OFS) by promoters and early shareholders.

  • Jun 07, 2023
IKIO Lighting IPO GMP (Grey Market Premium)

IKIO Lighting IPO worth ₹607 crore comprises of an offer for sale and also of a fresh issue of shares. The offer for sale (OFS) component is by the promoters and early shareholders of the company.

  • Jun 07, 2023

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number