PTC India Reports 11% Volume Growth in H1 FY26, Executes 100MW Renewable PPA

PTC India , a pioneer in power trading, has reported a robust performance for the first half of fiscal year 2025-26 (H1 FY26), showcasing significant growth in trading volumes despite subdued national energy demand.

Key Performance Highlights

Trading volume increased by 11% to 49.22 billion units in H1 FY26
Trading margins maintained at 3.54 paisa per unit
10% increase in trading income
50% of traded volume from exchange-traded products

Financial Performance

PTC India's strong performance comes against the backdrop of a mere 1.07% growth in national energy demand. The company's ability to outpace market growth underscores its strong position in the power trading sector.

Strategic Developments

Renewable Energy Focus

PTC India has made significant strides in the renewable energy sector:

Executed a 100MW renewable energy Power Purchase Agreement (PPA)
Plant expected to be operational by Q1 FY27
Floated Expression of Interest for additional 500MW solar with 250MW/1000MW energy storage system

Joint Venture with NLC Renewable Energy Limited

PTC India announced a strategic joint venture with NLC Renewable Energy Limited:

Initial investment of Rs. 500.00 crores
Aims to develop renewable energy assets
PTC to be a minority partner, focusing on trading and consumer acquisition

Market Outlook

The company expects power demand to grow steadily at 6-8% annually, although short-term volatility may occur due to transient weather conditions. Regulatory bodies are actively fostering market reforms, including discussions on virtual power plants and standardization of exchange products.

Conclusion

PTC India's strong performance in H1 FY26, coupled with its strategic moves in the renewable energy sector, positions the company well for future growth. The execution of new PPAs and the joint venture with NLC Renewable Energy Limited demonstrate PTC's commitment to expanding its presence in the evolving energy landscape.

As the power sector continues to transform, PTC India's focus on both traditional trading and renewable energy projects suggests a balanced approach to capitalize on emerging opportunities while maintaining its core strengths in power trading.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.03%	-1.54%	-5.63%	-9.19%	-10.21%	+172.12%

PTC India Limited has announced the resignation of Shri Arabandi Venu Prasad from his position as an Independent Director, effective November 13, 2025. The resignation comes as a result of Prasad's recent appointment as a Member (Technical) of the GST Appellate Tribunal, a full-time engagement that precludes him from continuing his role on PTC India's board.

Resignation Details

In compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Regulations, PTC India Limited disclosed the following information:

Particular	Detail
Name	Shri A. Venu Prasad
DIN	01054227
Position	Independent Director
Effective Date of Resignation	November 13, 2025
Reason for Resignation	Appointment as Member (Technical) of GST Appellate Tribunal

Impact on Board Composition

The departure of Shri Arabandi Venu Prasad will affect the composition of PTC India's board. The company has not yet announced any plans for his replacement. As per the resignation letter, Prasad confirmed that there are no other material reasons for his resignation beyond the conflicting professional commitment.

Regulatory Compliance

PTC India Limited has ensured compliance with SEBI regulations by providing the necessary disclosures, including:

Intimation under Regulation 30 of SEBI Listing Regulations
Detailed reasons for the resignation as per Para A(7B) of Part A of Schedule III of SEBI Listing Regulations
Confirmation from the resigning director that there are no other material reasons for the resignation

Director's Statement

In his resignation letter, Shri Arabandi Venu Prasad expressed his gratitude to the Board of Directors for their cooperation and support during his tenure. He also conveyed his best wishes for the future growth and success of the company.

Company Response

PTC India Limited acknowledged the resignation and has stated that the information will be hosted on the company's website ( www.ptcindia.com ) for public access. The company has also submitted the required documentation to both the BSE Limited and the National Stock Exchange of India Limited.

As PTC India navigates this change in its board composition, stakeholders will be watching closely to see how the company addresses this vacancy and maintains its corporate governance standards.