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SBICAPS is delighted to act as Transaction Advisor to PTC India Limited (“PTC”) for 100% Stake sale of PTC Energy Limited (“PEL”) to ONGC Green Limited

SBICAPS is delighted to act as Transaction Advisor to PTC India Limited (“PTC”) for 100% Stake sale of PTC Energy...

SBICAPS is delighted to act as Transaction Advisor to PTC India Limited (“PTC”) for 100% Stake sale of PTC Energy Limited (“PEL”) to ONGC Green Limited (“OGL”). PTC Energy Limited (“PEL”) has an aggregate operational wind generation capacity of 288.80 MW located in Madhya Pradesh, Karnataka and Andhra Pradesh. This acquisition aligns with ONGC’s broader strategy to diversify into renewable energy and achieve net-zero emissions by 2038.For PTC India, the divestment of PEL is a strategic move to exit non-core businesses and focus on its core operations Kudos to SBICAPS team: Mukul Modi, Sachin Vermani, Shalini Sood, Abhijeet Singh and Gur Updesh Singh for their immense contribution in making this Transaction a big success!

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