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Power Finance Corporation’s arm transfers WOS to successful bidder

16 Dec 2013 Evaluate

Power Finance Corporation’s - wholly owned subsidiary - PFC Consulting, has transferred its two wholly owned subsidiaries (WOS) to successful bidder selected through ‘Tariff based Competitive Bidding Guidelines for Transmission services’ issued by Ministry of Power, Government of India.

It has transferred Purulia & Kharagpur Transmission Company on December 09, 2013 to Sterlite Grid. Purulia & Kharagpur Transmission Company was incorporated for development of Transmission System for ‘Eastern Region System Strengthening scheme-VII’.

Beside, it has also transferred Darbhanga-Mouhari Transmission Company on December 10, 2013 to Essel Infraprojects. Darbhanga-Mouhari Transmission Company was incorporated for development of Transmission System for ‘Eastern Region System Strengthening scheme-VI’.

Power Finance Corporation 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.

Power Finance Corp Share Price

433.60 -1.10 (-0.25%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 433.60
REC 346.90
Indian Railway Fin. 98.97
NHIT 151.00
Satin Creditcare 162.15
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