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PTC plans to infuse Rs 600 crore into energy arm

PTC India is planning to infuse Rs 600 crore as equity into PTC Energy with excepting to generate 300 MW of renewable power by March under the wholly-owned subsidiary.

A senior company official has said that “We will capitalise it to set up another 250 MW capacity. Our objective is to make it a 300 MW generation company by March next year.”

Most of the 300-MW capacity are going to be wind-based with a miniscule part coming from solar.

Read EquityPandit’s Nifty Energy Outlook for this week 

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