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Power Finance Corporation’s arm incorporates SPVs

21 Mar 2025 Evaluate

Power Finance Corporation’s (PFC) arm -- PFC Consulting has incorporated wholly owned subsidiaries -- NES Dharashiv Transmission and NES Navi Mumbai Transmission. NES Dharashiv Transmission is established for Transmission Scheme for development of ‘Network Expansion scheme in Maharashtra for Evacuation of RE Power from Dharashiv, Beed District’. NES Navi Mumbai Transmission is for Transmission Scheme for development of ‘Network Expansion scheme in Maharashtra for providing supply to Data Centre Loads in Navi Mumbai’. 

Both NES Dharashiv Transmission and NES Navi Mumbai Transmission are Special Purpose Vehicles (SPVs) and will be transferred to the successful bidder after the completion of the bidding process. The successful bidder selected through the bidding process would develop the project.

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


Power Finance Corpn. Share Price

401.05 -0.35 (-0.09%)
17-Jul-2026 13:51 View Price Chart
Peers
Company Name CMP
Power Finance Corpn. 401.05
REC 352.85
Indian Railway Fin. 88.22
NHIT 160.00
Satin Creditcare Net 253.00
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