Power Finance Corporation’s (PFC) - wholly owned subsidiary - PFC Consulting (PFCCL) has been appointed by the Ministry of Power, Government of India as a bid process coordinator (BPC) for the development of the transmission systems viz., Patran 400 kv S/S, Part ATS of RAPP U-7&8 in Rajasthan, Eastern Region System Strengthening Scheme - VII and Eastern Region System Strengthening Scheme - VI.
Accordingly, following 4 special purpose vehicles (SPVs) have been incorporated as wholly owned subsidiaries of PFC Consulting for the aforesaid transmission systems - Patran Transmission Company, RAPP Transmission Company, Purulia & Kharagpur Transmission Company and Darbhanga-Motihari Transmission Company.
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.
