MoneyWorks4Me

PFC’s arm invites bids for supply of 4,500 MW power to different utilities in states

23 Nov 2022 Evaluate

Power Finance Corporation’s (PFC) wholly owned subsidiary -- PFC Consulting has invited bids for supply of 4,500 MW power for five years beginning April 2023 to different utilities in states, including Delhi, Maharasthra, Madhya Pradesh, Gujarat and Tamil Nadu. The document seeking request for proposal floated by PFC Consulting also showed that five utilities have evinced interest for procuring as much as 3910 MW.

The utilities that have evinced interest for scheme are Gujarat Urja Vikas Nigam (1000MW), Maharashtra State Electricity Distribution Company (500MW), Madhya Pradesh Power Management Company (660MW), New Delhi Municipal Corporation (250MW), and Tamil Nadu Generation and Distribution Corporation (1500MW).

PFC is central PSU under Ministry of Power and India's leading NBFC.

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..