PTC India appoints Rajeev K Mishra as new CMD

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On 30 March 2023, Rajeev K. Mishra has been appointed as the new Chairman and Managing Director of Power Trading Corporation of India (PTC) Limited.

An Overview of the News 

• Mishra has been associated with PTC India Limited since October 2011, when he took over as Executive Director. In this role, he was responsible for managing operations, business development, retail and advisory services.

• On February 24, 2015, he was appointed to the PTC Board as Director of Marketing and Business Development.

About PTC India Limited

• It is an Indian company that specialises in Power Trading Solutions, Cross Border Power Trading and Consultancy Services.

• The company was initially known as Power Trading Corporation of India Limited but later renamed as PTC India Limited and has operations in neighbouring countries like Nepal, Bhutan and Bangladesh.

• PTC India Limited plays a vital role in the Indian power sector by facilitating the smooth flow of electricity across the country's power grid.

• The company also provides consultancy services to various entities in the power sector including state electricity boards, power utilities and central and state government agencies.

Establishment- 16 April 1999

Founder- Government of India

Headquarters- New Delhi, India

Subsidiaries- PTC India Financial Services Limited, PTC Energy Limited, Barak Power Private Limited