Power Finance Corporation Ltd.

BSE: 532810 | NSE: PFC
Large Cap | Finance Term Lending
371.65
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PFC transfers Gurgaon-Palwal Transmission to Sterlite Grid

Date: 15-07-2016

Power Finance Corporation (PFC) has transferred Gurgaon-Palwal Transmission to Sterlite Grid 4 (the successful bidder) on July 14, 2016. Gurgaon-Palwal Transmission has been established for development of transmission system for creation of new 400 kV substations in Gurgaon area and Palwal area as a part of ISTS.

Gurgaon-Palwal 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.