3.65 (0.98%) Power Finance Corporation’s (PFC) wholly owned subsidiary (WOS) - PFC Consulting, has transferred its WOS namely ‘DGEN Transmission Company’ to ‘Instalaciones Inabensa, S.A.’. The successful bidder was selected through ‘Tariff based Competitive Bidding Guidelines for Transmission services’ issued by Ministry of Power, Government of India.
DGEN Transmission Company (formerly DGEN & Uttrakhand Transmission Company) has been incorporated for development of Transmission System associated with DGEN TPS (1200 MW) of Torrent Power.
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.