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Questions across 3 calls

Dr. Rajib Kumar Mishra

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PTC India Limited

Analysts/Institutional Investor Meet/Con. Call Updates PTC India Limited has informed the Exchange about Transcript · 2024-06-10
Yes. Mr. Jain. I mean, as far as the ONGC sale is concerned we have informed you that we have the approval from the shareholders. We are at the final stage of discussion with ONGC a couple of things which we need to finalize before we enter into the final agreement and the deal will be completed. So as you know this is a large deal and requires a lot of confirmation from different parties. So that is going on and we expect that this will be done soon. And as soon as the deal will be done we wi ll complete all the condition decisions a nd then we can expect the fund from ONGC. So this is the status right now. We'd keep on informing you and the investors the s tatus of that. The second part which you asked is on the current power trading business. It is going well what we have expected and in the month of April there was lesser demand than expected, but in the May month, 15 May onwards the demand has picked up and we are on the track as far as 15th May until date is concerned. So as far as the trading is concerned this year, we are doing fine. And if the monsoon is good and the generation from both in Bhutan as well as hydro plants in India if we get a good generation certainly the next quarter also we expect to do well.
The second part Mr. Mehta I have just answered. The first part I would like to answer that at this point of time we have just declared the annual final dividend for the company a nd we have to call a Board meeting for deciding what to do, once we get the receipt from the ONGC sale, but at this point of time I would restrict myself only to the dividend declared for this financial year.
Analysts/Institutional Investor Meet/Con. Call Updates PTC India Limited has informed the Exchange about Transcript · 2024-02-16
As far as the Sikkim Urja is concerned, actually let me share with you the current development. The project as area is under maintenance or they are going to repair it and they have entered into the main building and all the equipments are intact, the power plant is intact and the other areas also they are trying to repair as early as possible. So, all the information what was available to the Company and the management , they have done provision of Rs. 67 crores and we don't expect anything else at this point of time whatever information is available with us.
Now exactly, as CFO has explained, there are two factors where we have seen the volume in the 3rd Quarter not growing to the expectations we had , but again in the month of January as I suggested, we have a growth of around 19% in the volume. So, if you compare the growth of the market as well as the power sector, we are almost doing, we are at parity or maybe slightly high.
Analysts/Institutional Investor Meet/Con. Call Updates PTC India Limited has informed the Exchange about Transcript Q1 FY-24 Earnings Conference call · 2023-08-14
Please go ahead.
What exactly he said?