PTC India Ltd. (formerly known as Power Trading Corporation of India
 Limited), was incorporated in 1999 to achieve the aforementioned
 objective, to act as an entity which could undertake trading of power
 to achieve economic efficiency and security of supply and to develop a
 vibrant power market in the country. Therefore, PTC has a tri-fold
 mandate; to optimally utilize the existing resources to develop a
 full fledged, efficient and competitive power market, to attract
 private investment in the Indian power sector and to encourage trade
 of power with neighboring countries.
 
 2004
 
 -Signs a memorandum of understanding with Enercon for its two wind
 power plants in Rajasthan and Karnataka
 
 -Signs Power Purchase Agreement (PPA)  to buy 750 MW power from
 Australian firm Snowy Mountain Engineering Company (SMEC) which is
 setting up a plant at West Seti in Nepal
 
 -Announces an Initial Public Offering (IPO) of 5.85 crore equity
 shares of Rs 10 each at a price of Rs 16, issue oversubscribed 46.43
 times, becomes the first power trading company to be listed on the
 bourses, gets listed at Rs 30.80, a premium of 93% over its issue
 price of Rs 16
 
 - PTC signs a MoU with Punjab State Electricity Board (PSEB) for sale
 of 100 MW Power from Malana Hydro Electric Project being developed in
 the State of Himachal Pradesh by an IPP
 
 -Power Trading Corporation of India Ltd (PTC) has informed that the
 Company and ONGC entered into a MoU  for trading of entire additional
 power by PTC from ONGC's existing and new power generating projects
 that are proposed to be set up all over the country
 
 -PTC forges alliance with CESC
 
 -PTC signs MoU with firms for 9000 mw
 
 2005
 
 -PTC India signs Power Sale Agreement for Lanco Amarkantak TPP
 
 2007
 
 -PTC India signs MoU with IIFC
 
 -PTC acquires 26-pc stake in Indian Energy Exchange
 
 -PTC India Ltd has informed that Mrs. Preeti Saran has joined the
 Company's Board as Director w.e.f. September 28, 2007.
 
 -PTC geys FIPB nod to rope in foreign cos in subsidiary
 
 2008
 
 - PTC India Ltd has informed that Shri. Deepak Amitabh and Shri.
 Shashi Shekhar has been appointed as Directors of the Company as
 Whole-time Directors w.e.f. January 25, 2008.
 
 - PTC India Ltd appointed Shri. Satish C Mehta as independent
 Director of PTC w.e.f. December 20, 2008. Presently, he is working as
 Joint Secretary in the office of Ministry of External Affairs,
 Government of India.
 
 -PTC entered into an agreement with Sweco Groner AS, Norway
 
 -PTC forays into wind energy
 
 -IREDA Signs MoU With PTC India & PFSL.
 
 2009
 
 -PTC India to acquire coal mines abroad