PTC India Ltd has joined hands with the National Capital Region Transport Corporation (NCRTC) to help it buy electricity through the power exchange for its Receiving Sub-Station (RSS) in Ghaziabad.
The Ghaziabad RSS connects the Namo Bharat corridor to the power grid. This move marks NCRTC’s first step towards using a more cost-effective, market-based method of buying electricity, with support from PTC India’s power trading expertise.
NCRTC is expected to save approximately ₹1 crore annually at just one drawl point in the first year alone. This transition to power exchange has been designed to reduce operational expenses while enabling access to more competitive electricity prices compared to traditional distribution companies.
Currently, NCRTC consumes 326 million units of electricity annually, amounting to an energy cost of nearly ₹300 crore. With power making up 30–35% of NCRTC’s operational expenses, PTC India’s role becomes pivotal in driving economic efficiency.
PTC India is also assisting NCRTC in meeting its sustainability goals by ensuring that at least 15% of the power sourced through the exchange annually comes from green energy sources. This supports India’s larger renewable energy ambitions and demonstrates how smart trading strategies can contribute to climate-conscious infrastructure development.
NCRTC has also signed a deal with Uttar Pradesh Power Transmission Corporation for ensuring effective electricity transmission and distribution. This will also positively impact the market.
The power exchange model is being rolled out in phases, beginning with operational sections of the Delhi-Ghaziabad-Meerut corridor. As the corridor expands, PTC India will continue to play a central role in enabling energy access and optimisation across multiple drawl points in Uttar Pradesh and Delhi.
Currently, 55 km of the corridor with 11 stations is operational, with full commissioning expected later this year.
Read more: PTC India Share Price Surges 9% as CERC’s Market Coupling Plan Hits IEX.
The partnership between PTC India and NCRTC marks a key step towards cost-effective, sustainable energy for the Namo Bharat corridor. By using power exchanges, NCRTC reduces expenses and boosts green energy use. This collaboration also strengthens PTC India’s role in advancing smart, efficient power solutions for India’s growing infrastructure needs.
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Published on: Jul 30, 2025, 12:22 PM IST
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