BANGALORE, INDIA--November 9, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--PTC India Financial Services Limited (PFS), the investment arm of
PTC India Limited (BSE:532524) (New Delhi), has approved funds of about $133.5 million for 10
power projects in the first half of the fiscal year. The amount cleared is higher than the corresponding figures for last year, which stood at $33 million. PFS, a joint venture of PTC,
Goldman Sachs Strategic Investments Limited (New York), and
Macquarie India Holdings Limited (Mumbai), has extended financial assistance worth $324.2 million since it started commercial operations in 2007.
