1 Share issue expenses amounting to Rs. NIL (Previous Year Rs. 40.74
 million) have been adjusted against the Share Premium Account as per
 Section 78 of Companies Act, 1956.
 
 2 As per Power Purchase Agreements entered into with the off takers of
 Chukha and Kurichhu power projects (Bhutan), the interest earned on the
 Term Deposits made with commercial banks for the payments received on
 behalf of these projects is passed back to them.Accordingly interest
 income as well as expense is accounted for in the books of account.
 
 3 The company is primarily in the business of trading of power.
 Generation of power and consultancy income have not been reported
 separately as the same is insignificant. As such,there are no separate
 reportable segments as per Accounting Standard -17 on Segment Reporting
 as notified by the Companies (Accounting Standards) Rules 2006.
 
 4 Investment in PTC Financial Services Limited (subsidiary) includes
 six shares of Rs.10 each held by the nominees on behalf of the Company.
 
 5 In the opinion of the management, the value of current assets, loans
 and advances on realization in the ordinary course of business, will
 not be less than the value at which these are stated in the Balance
 Sheet.
 
 6 Book Debts are hypothecated to the banks for availing the non- fund
 based working capital facilities.
 
 7 Based on the information available with the Company, there are no
 dues as at March 31, 2011 payable to enterprises covered under  Micro
 Small and Medium Enterprises Development Act, 2006. No interest is
 paid/payable by the Company in terms of Section 16 of the Micro, Small
 and Medium Enterprises Development Act, 2006.
 
 8 The management is of the opinion that no case of impairment of
 assets exists under the provision of Accounting Standard (AS)-28 on
 Impairment.
 
 9 Term Deposits of Rs. 310 mn ( Previous Year NIL) has been pledged
 with banks against Letter of credit opened by the subsidiary company.
 
 10 Dividend Received from subsidiary company –NIL
 
 11 Loans and Advances due from directors-NIL.
 
 12 The employee stock option (ESOP) expenses for the year has become
 negative due to reversal of ESOP expenses in accordance with the
 accounting treatment prescribed under SEBI (Employee Stock Option
 Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, on account
 of surrender/forfeiture of employee stock option.
 
 13 The Company has pledged, in favour of Power Finance Corporation
 Limited (PFC) , its 77,77,500 Equity Shares of Rs 10 each at Par held
 by it in M/s. Krishna Godavari Power Utilities Limited (KGPUL) along
 with the promoter of KGPUL to comply with the lending requirements of
 PFC.
 
 14 Sundry Debtors include an amount of Rs.162.30 mn due from Tamil Nadu
 Electricity Board ( TNEB) towards compensation claim.The Company
 considers the said amount good and recoverable even though TNEB has not
 accepted the claim of the company and the matter has been referred to
 Madras High Court for appointment of an Arbitrator in this respect.
 
 15 The Company has based on legal opinion determind that service tax
 was payble on professional charges on power exchage transactions.
 Accordingly, the company has, subsequent to the balance sheet date,
 paid an amount of Rs. 15.78 mn being liability on service tax on power
 exchange transaction upto March 31, 2011.
 
 16. Figures of the previous Year have been regrouped/reclassified
 wherever consided neccessary to confirm to current Year classification.
 
 17 Schedules A to K and accounting policies form an integral part of
 accounts.