Power Trading Corporation's T.N. Thakur: 'Today, Power Is Recognized as an Essential Commodity'

When Tantra Narayan Thakur was appointed to head a government-initiated public-private partnership to develop India's electricity market, critics told him he was wasting his time and that India was not ready for commercial power trading. "[People] at the highest level were telling me that it would not work," he said. Ten years later, Power Trading Corporation (PTC) has done the seemingly impossible, purchasing unused power and selling it to locations in need of more, while helping to launch India's first power exchange and financing numerous infrastructure projects. In an interview with India Knowledge@Wharton at the 2009 Wharton India Economic Forum, Thakur, who is chairman and managing director of PTC, discussed the state of India's power sector, how PTC has evolved over time, and the satisfaction that comes with proving naysayers wrong.

Category:

Education

Tags:

• Wharton
• India
• Economic
• Forum
• Tantra
• Narayan
• Thakur
• electricity
• Power
• Trading
• Corporation

[rdxpspo]

Thanks!