PTC, in consonance with its mandate to catalyze the development of the Mega and other large Power Projects by acting as a single entity to enter into Power Purchase Agreements (PPAs) with Independent Power Producers (IPPs) / Power Utilities, in India or abroad, on the one hand and multipartite Power Sale Agreements (PSAs) with users / State Electricity Boards under long term arrangement on the other, is in the process of facilitating power projects, particularly in the private sector, with capacity in all ranges through purchase commitments. The PPAs and PSAs range from 10 to 35 years, and provide for tie-up of long term capacity at competitive tariffs. Towards facilitation of Power Projects, PTC is also open to the idea of equity participation in some select projects.

PTC has already signed/initialed various agreements / MoUs for Power Purchase Agreements to the tune of about 10500 MW* of power from various power projects and is in the process of signing agreements / MoUs for sale of power from these projects to various state utilities.

The Long Term Solutions, as a part of PTC's portfolio would provide stable and long term business, mitigating the risk of volatility in volume of business inherent in short term trading.

* As on 31st March 08