
Rajiv Malhotra Appointed As CEO & MD Of PTC India Financial Services
PTC India Financial Services Limited has appointed Rajiv Malhotra as Chief Executive Officer and Managing Director (Additional Charge) for a limited term beginning July 1, 2026, subject to shareholder approval.
The appointment follows the resignation of R. Balaji as CEO & MD, effective June 30, 2026. Malhotra’s tenure in the additional role will continue until November 30, 2026, or until his superannuation from PTC India Ltd., whichever is earlier.
Malhotra began his career with NTPC Ltd., where he served in managerial roles for more than nine years. He later joined PTC India as Vice President (VP) and played a role in the development of India’s power trading market. Between 2008 and 2013, he served as Chief Operating Officer (COO) at Athena Energy Ventures, overseeing operational and business functions. He is a power sector executive with over three decades of experience across power generation, energy trading, project development, and risk management. His experience spans power markets, energy finance, risk assessment, regulatory matters, and corporate strategy.




