PTC India appoints Harish Saran as Director (Marketing)

New Delhi: PTC India Limited, formerly known as Power Trading Corporation of India Limited, has announced the appointment of Harish Saran as the Whole-Time Director designated as Director (Marketing). Presently, he is serving as Executive Director (Marketing) in the same organisation.

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The decision has been taken during the company’s Board of Directors meeting held on December 24, 2024.

According to PTC India's regulotery filing to the stock exchange on Wednesday, Saran’s appointment will take effect from the date of his joining and will span a term of five years or until his superannuation, whichever comes earlier. This move follows the recommendations of the Nomination & Remuneration Committee and is subject to the Articles of Association of the company.

Saran has over 37 years of rich experience in the power sector, spanning generation, transmission, commercial, marketing, and trading domains. An alumnus of the National Institute of Technology, Durgapur, with a Bachelor’s degree in Electrical Engineering, Saran also holds a Postgraduate Diploma in Management from the University of Rajasthan.

He began his career with NTPC Limited in 1987 and later joined Power Grid Corporation of India Ltd. in 1991. His extensive experience in India’s leading power and transmission utilities positions him as a valuable asset to PTC India.

PTC India has also confirmed that Saran is not related to any other Board member and has no disqualifications as per regulatory guidelines.

PTC India Ltd is leading provider of power trading solutions in India. It acts as an enabler to various forms of commercial and individual activity. PTC is a pioneer in starting a power market in India and undertakes trading activities which include long-term trading of power generated from large power projects as well as short term trading arising as a result of supply and demand mismatches, which inevitably arise in various regions of the country.

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