MoneyWorks4Me

PFC’s arm transfers Fatehgarh-II Transco to Power Grid

15 Oct 2019 Evaluate

Power Finance Corporation’s (PFC) wholly owned subsidiary -- PFC Consulting has transferred Fatehgarh-II Transco established for the development of ‘Transmission system associated with LTA applications from Rajasthan SEZ Part-B’ to Power Grid Corporation of India, the successful bidder on October 14, 2019.

PFC provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.

Peers
Company Name CMP
Power Finance Corpn. 325.25
REC 299.75
NHIT 168.00
Satin Creditcare Net 224.50
IFCI 64.02
View more..