PTC India bags orders from BEE under PAT scheme in 8 states

• PTC India Limited, has got orders from BEE for their flagship Perform Achieve & Trade (PAT) scheme in eight states / UTs, said the company
• From Belgavi Smart City Limited (BSCL) and EESL, the company has won consultancy assignments on project management & impact assessment of energy efficiency projects

New Delhi: PTC India has bagged orders from the Bureau of Energy Efficiency (BEE) and consultancy orders from Energy Efficiency Services Ltd (EESL) and Belgavi Smart City Limited, the company said in an official statement. "PTC India Limited, has got orders from BEE for their flagship Perform Achieve & Trade (PAT) scheme in eight states / UTs," said the statement. From Belgavi Smart City Limited (BSCL) and EESL, the company has won consultancy assignments on project management & impact assessment of energy efficiency projects.

The assignments are valued at Rs 6.2 crore.

The consulting business of PTC is growing at a compound annual growth rate (CAGR) of more than 40 percent for the last four years and the cumulative order book value stands at around Rs 221 crore for the same period, said the company.

PTC presently offers consulting services in the areas of Energy Management Solutions, Distribution Management Solutions, Transmission Advisory, Regulatory and Open Access consultancy, etc.

The trading activities undertaken by PTC include long term trading of power generated from large power projects including renewables as well as short term trading arising as a result of supply and demand mismatches, which inevitably occur in various regions of the country.

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