Government-owned Solar Energy Corporation of India (SECI) and PTC India Limited has exchanged an MoU to collaborate on renewable energy integration, power markets, BESS, and large-scale clean energy projects, reinforcing India’s power sector transformation.
The Memorandum has been signed for joint collaboration on renewable energy sectors and clean energy transformation.
PTC India Limited provides power trading solutions, cross border power trading, and consultancy services.
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. 16% of the company is publicly owned by the Indian government.