PTC India Ltd. (PTC) was mandated to act as an entity for credit risk mitigation for Mega and other large Power Projects by acting as an intermediary to enter into Power Purchase Agreements (PPAs) with Independent Power Producers (IPPs) on the one side and Multipartite PPAs with users / State Electricity Boards (SEBs) under long term arrangement on the other, thus insulating the IPPs from protracted negotiations with multiple SEBs and from receivables risks. PTC has also been mandated for power trading to optimally utilize the existing resources in the country as also promoting exchange of power with neighbouring countries. Government of India has identified PTC as a nodal agency to deal with matters relating to exchange of power between India and its neighbouring countries.

PTC therefore aspires to be more than just an independent trader by providing value addition to its customers through a holistic `solutions' approach. To this end, the following are PTC's service offerings;

• Long term power sale solutions spanning 10-35 years with power being sold from a generating plant to one or more state utilities / distribution companies
• Short term power sale solutions spanning anywhere between a few hours to one year, where surplus power is sourced from generating plants / state utilities for sale to various state utilities across the country
• Power sourcing / supply solutions for Captive Power Producers / Bulk consumers for purchase / sale of power to meet their needs both in the long as well as the short term
• Advisory services to IPPs / states / regulators etc. regarding power market mechanisms, tariff options etc.