Ptc India Limited Appoints Dr. Manoj Kumar Jhawar as Whole Time Director Designated as Director
September 27, 2023 at 08:04 am EDT
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PTC India Ltd. appointed Dr. Manoj Kumar Jhawar (DIN - 07306454) as Whole time Director designated as Director (Commercial & Operations) in PTC India Ltd. with effect from date of his joining subject to the Articles of Association of the Company. The term of appointment shall be five years or date of superannuation i.e 60 years whichever is earlier. The Brief profile of Dr. Manoj Kumar Jhawar is attached. He has no relationship with any of the Directors of PTC and is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India (SEBI) or any other such authority. Dr. Manoj Kumar Jhawar aged about 55 years is Ph.D (Management Sciences) from Devi Ahilya University, Indore. He graduated in Mechanical Engineering from Government EngineeringCollege, Indore and did his Masters in Industrial Engineering & Management from Devi Ahilya University, Indore. Further, he is a certified Cost Accountant from ICAI. Dr. Manoj Kumar Jhawar joined MP State Electricity Board in May, 1989 as Graduate Engineer and served there till August, 2004 as Deputy Director (Budget). Then he joined Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Ltd., Indore as Deputy Director (Finance) in August, 2004. He served the Organization till May, 2023 in various capacities including Director (Finance) 2012-2015 and Director (Commercial) 2015-2021. He is currently working for KIOCL Ltd. (Cat-I Mini Ratna CPSU) as Director (Finance) since May, 2023. Dr. Manoj Kumar Jhawar has a decade of experience of working in senior leadership roles(Director/CFO/CITO) in the Power Distribution Sector. He has more than 3 decades of work experience in Commercial/IT Management/Finance and Engineering domains. His functional experience includes Policy Planning, Budgeting and Resources Allocation, Contract Negotiations, Accounts & Finance, Project Financing, Treasury Management, Internal Audit, RegulatoryAffairs, Revenue Management, Strategic Consumer Engagement, ERP Implementation, IT-OT,
Smart Metering, Management of Consulting Support (CIDA, SNC, Big-4) etc.
PTC India Limited (PTC) is a provider of power trading solutions in India. Its segments include Power and Financing business. The Power segment includes trading and generation of power. The Financing segment includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources and fuel related infrastructure. It offers business solutions for generators, utilities, cross border power trade solutions, PTC retail, consultancy / advisory solutions, energy efficiency, renewable energy and project financing. PTC offers a range of services to the utilities, including long and medium-term sales, short-term sales and power banking arrangements. It offers PTC retail solutions to public sector undertakings (PSUs) and Central PSUs, Industrial Clients, Commercial Clients, and independent power producers (IPPs) and captive power producers (CPPs). Its subsidiaries include PTC India Financial Services Limited (PFS) and PTC Energy Limited (PEL).