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The scope under the project includes power procurement and portfolio management, O&M of distribution network and capacity building and marketing activities.
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PTC India has been expanding its business under the Consultancy Services. PTC India has received the Letter of Award for Operations & Management including allied activities for Power Distribution License for Electrical Network situated in the area of Industrial Area of Madhya Pradesh Industrial Corporation located at Mohasa Babai in Hoshangabad District for a period of 3 years at a total value of Rs. 10.08 Crores.
The scope under the project includes power procurement and portfolio management, O&M of distribution network and capacity building and marketing activities.
This is a unique project in India where services to an Industrial Area for distribution licensee after following due regulatory process as per Electricity Act 2003 was granted by SERC. This would foster an area of competitive tariff for industries. PTC had supported MPIDC in the process of getting the distribution license for Mohasa-Babai Industrial Area.
Further, PTC India has also received the work order from North Western Railways for carrying out detailed Energy Audit for 10 Railway stations under Jaipur Division.
Dr. Rajib K Mishra, CMD (I/C), PTC said that PTC India Ltd. is emerging as a strong player in Energy Management Consultancy and offers consulting services in the areas Energy Management Solutions, Distribution Management Solutions, Transmission Advisory, Regulatory and Open Access consultancy, etc and is focusing on expanding the consulting business in emerging areas of battery storage, clean energy and hydrogen.