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U40106dl2008plc181648) is a public company incorporated on 01 dec 2008. The transaction, which involved the divestment of a. With this objective, ptc established its subsidiaries namely ptc india financial services limited (pfs) in 2007 and ptc energy limited (pel) in 2009.
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Ptc india at its thursday board meeting approved ongc's bid to acquire its subsidiary ptc energy limited for ₹ 925 crore. Established in august 2008, ptc energy limited, as a wholly owned subsidiary of ptc india limited, has an aggregate operational wind generation capacity of 288.80 mw. Ongc green ltd., a wholly owned subsidiary of oil & natural gas corporation (ongc), has completed the acquisition of a 100% stake in ptc energy ltd.
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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.
Ongc green limited (ogl) has finalized the acquisition of ptc energy limited (pel) for rs 1,179 crore.
