Power Finance Corporation Ltd.

Power Finance Corporation’s (PFC) step down subsidiary -- Lakadia - Vadodara Transmission Projects has been transferred to Sterlite Grid 18 on November 26, 2019.

Lakadia -Vadodara Transmission Projects, an SPV incorporated as a wholly owned subsidiary of PFC Consulting (subsidiary of PFC), was established for the development of ‘WRSS-21 (Part-B) -transmission system strengthening for relieving over loadings observed in Gujarat Intra-state system due to RE injections in Bhuj PS’.

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.