-3.80 (-1.01%) Power Finance Corporation (PFC) has transferred Warora-Kurnool Transmission to Essel Infraprojects (the successful bidder) on July 06, 2016. Warora-Kurnool Transmission has been established for development of transmission system for additional inter-Regional AC link for import into Southern Region i.e. Warora - Warangal and Chilakaluripeta - Hyderabad - KurnooI 765 kV link Common Transmission System.
Warora-Kurnool Transmission is a wholly owned subsidiary of PFC Consulting (wholly owned subsidiary of PFC).
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.