PTC India

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
 
 2007
 
 -PTC India Ltd has informed that Mrs. Preeti Saran has joined the
 Company's Board as Director w.e.f. September 28, 2007.