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PTC India
PTC India Limited, formerly Power Trading Corporation of India Limited, is an Indian company that provides power trading solutions, cross border power trading, and consultancy services. Headquartered in New Delhi, India, the company also has operations in Nepal, Bhutan, and Bangladesh. PTC India's subsidiaries PTC India Financial Services Limited and PTC Energy Limited provide financial assistance for companies in the power sector and run renewable energy projects respectively. The investment decisions of PTC management was criticized as "value destructive" by some institutional investors in August 2018. As of January 2019, PTC Energy managed a renewable energy portfolio of around 290 megawatts of wind assets across Madhya Pradesh, Karnataka and Andhra Pradesh. Dr. Rajib Kumar Mishra has been delegated the additional charge of Chairman & Managing Director, PTC India Ltd. w.e.f. 6th November 2021 by PTC Board. References Indian companies established in 1999 Electric power c ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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