Deepak Amitabh

Deepak Amitabh

Chairman, PTC India Financial Services Ltd

Mr. Deepak Amitabh is a business leader with a career spanning over 32 years of invaluable experience. An alumnus of St. Stephen's college Delhi, he started his professional career in 1984 with the Government of India as an officer of Indian Revenue Service (IRS).

He has held various important and challenging positions in IRS including as Financial Advisor to Director General Naval Projects, Mumbai, Additional Commissioner of Income Tax, New Delhi and Joint Commissioner of Income Tax Mumbai.

His journey in PTC began in 2003, when he came on board as a part of leadership team (CFO) and later took on the mantle of the CMD of the Company in October, 2012.

As head of Finance in the Company, he led the IPO of PTC in 2004 (1st IPO in Power sector) and later raised funds of more than ₹1700 Crores through Qualified Institutional Placement (QIPs) in 2008 & 2009. He played a key role in formation of subsidiaries of PTC viz. PTC India Financial Services Ltd. (PFS) & PTC Energy Limited (PEL).

Under his Chairmanship, PFS is a listed entity with an asset size of more than ₹ 13,000 Crores and PEL has executed 289 MW of wind power project. He was instrumental in setting up of India's first power exchange in 2007.

A widely recognized business leader, Mr. Amitabh is a member of various industry associations like CERC - Advisory Committee, TERI - executive committee, CII - National Committee on Power, TERI - executive committee, FICCI - Power Committee, World Energy Council, Association of Power Producers, Co- Chairs Afghanistan - India Chambers of Commerce & Industry (AICCI) and Chairs Indo-Pakistan Joint Task Force on Energy (an initiative of Ministry of Commerce, GoI and GoP).

A thoroughbred professional Mr. Amitabh, carries hue of public & private sector, has carefully led PTC Group of Companies as a people centric leading enterprise in the financial / power sector.