(a) the aim and objectives of Power Trading Corporation (PTC) along with the details of investments by PTC in sick, low paying or totally stranded power projects;
(b) the details of the stranded projects and the reasons thereof; and
(c) the steps proposed to revive all the stranded or sick projects?
THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR POWER,
COAL AND NEW & RENEWABLE ENERGY
( SHRI PIYUSH GOYAL )
(a) to (c) : PTC India Limited, formerly known as Power Trading Corporation of India Limited (PTC), is a public limited company in which stake of Central Public Sector Enterprises under the Ministry of Power is only around 16%. As Central PSEs have minority shareholding, the Ministry of Power does not monitor the projects financed by PTC.
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