PTC INDIA LIMITED 
By
PTC India Limited, the leading provider of power trading solutions in India reported its financial results for the quarter ended 31 December, 2012.
"I am happy to announce a healthy set of results for the quarter due to increase in trading volume.
The power industry is in the throes of change as there is greater willingness on part of the SEBs to reform, following the administration of the debt restructuring package. In the past year, we have seen almost all the state utilities revising their tariff which is the first step toward reforms. We see a gradual revival in off-take of power, benefitting the entire energy value chain. Seen together with the strengthening of the national grid this will enhance our volumes position going ahead.
Today there are numerous new projects coming up across the country with an estimated 260 GW of total power capacities expected to be online by the year FY15. As a group we are prepared for this emerging scenario and have tied up a sizeable number of long-term PPAs aggregating to 14,402 MW (including 1416 MW through Cross Border) as at December 31, 2012. This arrangement will have the effect of augmenting PTCs earnings profile as trading margins will stand enhanced.
PTC today is putting to use years of collective experience resident within the group with forays into various aspects of the energy trade. PFS, our financial services subsidiary is engaging with a series of high-quality projects across India and over time we hope to grow the size of this business as we take the position of a specialist consultant who understands the capital requirements of power ventures in the private and public
domain. PTC Energy, our subsidiary engaged in fuel intermediation has already traded 6.31 lac metric tonnes of coal -this includes coal intended for our tolling partners in the first nine-months of this fiscal.
I am also glad to share that a settlement agreement/implementation mechanism for PPA and PSA has been signed with Lanco Amartkantak Unit 1 & MP utility respectively. Accordingly, all the disputes have been resolved and 300 MW power flow has started w.e.f. 3rd December, 2012 on a long term basis.
Financial ReviewQ3'13
Electricity traded in Q3'13 stood at 5,871 MUs from 4,564 BUs in Q3'12, up 28.64%
Tolling volumes in Q3'13 stood at 226 MUs from Nil MUs in Q3'12
Operating Profit up 42.86% in Q3'13 at Rs. 30 crore from Rs. 21 crore in Q3'12
PAT for Q3'13 up 130% at Rs. 21.87 crore from Rs. 9.5 crore in Q3'12
As at December 31, 2012
Total PPAs signed stand at 14,402 MW (including cross border trade) Cumulative MoUs/MoAs stand at 15,978 MW
Cumulative PSAs signed at 5,595 MW (includes cross border trade)
Total Debt at Nil
9M'13
Electricity traded in 9M'13 stood at 21,864 MUs from 19,945 MUs in 9M'12, up 9.6%
Tolling volumes stood in 9M'13 stood at 648 MUs from Nil MUs in 9M'12
Operating Profit up 5.14% in 9M'13 at Rs. 118.8 crore from Rs. 113.0 crore in 9M'12
PAT for 9M'13 up 1.5% at Rs. 91.7 crore from Rs. 90.3 crore in 9M'12
About PTC India Limited
PTC India Ltd., a Government of India initiative, is the pioneer in starting a power market in India. The Company has maintained its leadership position in the power trading since inception and at present has around 41% share of the trading market. PTC has also been authorized by the Government of India to trade electricity with Bhutan and Nepal. The Company is also actively participating on Indian Energy Exchange, the first national level power exchange in the country.
The trading activities undertaken by PTC include long term trading of power generated from large power projects as well as short term trading arising as a result of supply and demand mismatches, which inevitably arise in various regions of the country.
The Company is credited with number of products in the electricity trading market to meet the divergent needs of the customers. Driven by the vision to forge a vibrant power market, PTC has been able to provide innovative services to its clients and build faith and trust as a reliable partner resulting in repeated transactions. The electricity traded from cross border resources is a significant component of the total electricity traded by the Company.
PTC, with a diversified board of directors including eminent people as independent directors, is a unique example of a highly successful public-private partnership with major PSUs of the Union Power Ministry as promoters and wide ownership interest.
Building of an integrated energy value chain is central to the Company's growth agenda. PTC has made foray into fuel intermediation, renewable sources as well as investment in energy assets. PTC has managed its leadership position in the power market adhering to its core value of transparency and keeping customer's need at the top.
Puja Mehrish Karl Kolah / Siddharth Rangnekar
PTC India Limited Citigate Dewe Rogerson
Tel: 91-11-41659130
Fax: +91 22 66451213
Tel: +91 22 66451220 / 1209
Fax: +91 22 66451213
Email: pujamehrish@ptcindia.com Email: karl@cdr-india.com siddharth@cdr-india.com
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