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Power Finance Corporation’s arm transfers SPV to Adani Energy Solutions

21 Mar 2025 Evaluate

Power Finance Corporation’s (PFC) arm -- PFC Consulting has transferred its wholly owned subsidiary -- Mundra I Transmission to Adani Energy Solutions for a consideration of Rs 18.65 crore on March 20, 2025. 

Mundra I Transmission is a Special Purpose Vehicle (SPV) established for the development of ‘Transmission system for supply of power to Green Hydrogen/ Ammonia manufacturing potential in Mundra area of Gujarat under Phase-I: Part B 1 scheme (3 GW at Navinal S/s)’. 

Power Finance Corporation is engaged in providing financial assistance to Power Utilities for meeting financing and development requirements of the power sector.

Power Finance Corp Share Price

473.70 2.90 (0.62%)
22-Apr-2026 11:11 View Price Chart
Peers
Company Name CMP
Power Finance Corp 473.70
REC 383.75
Indian Railway Fin. 103.88
NHIT 151.00
Satin Creditcare 173.15
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