PTC India Limited has informed the Exchange about Joint Venture Agreement signed with NLC India Renewables Ltd. on 12th December 2025.
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PTC India Limited has informed the stock exchange that it signed a Joint Venture Agreement with NLC India Renewables Ltd. on 12th December 2025. PTC India is one of India's leading power trading companies, while NLC India Renewables is a key player in the renewable energy space. The JV is expected to combine PTC's trading expertise with NLC's renewable energy portfolio. Specific financial terms, equity structure, and project details are yet to be disclosed. Further updates on the JV's scope and business plan are likely to follow.
This partnership could strengthen PTC India's presence in the renewable energy value chain and open new revenue opportunities, which is a positive signal for long-term growth.