Power Finance Corporation Ltd.

Power Finance Corporation’s (PFC) wholly owned subsidiary -- PFC Consulting (PFCCL) has transferred two transmission projects to Apraava Energy and one project to Sterlite Power. 

PFCCL has transferred two transmission projects specific special purpose vehicles (SPVs) namely Fatehgarh IV Transmission and Fatehgarh III Transmission to Apraava Energy (APEL), the successful bidder, on August 02, 2023.

On August 1, PFCCL transferred Fatehgarh III Beawar Transmission project to Sterlite Power to construct a 350-kilometre, 765kV transmission corridor from Fatehgarh III to Beawar in Rajasthan.

Power Finance Corporation is central PSU under Ministry of Power and India's leading NBFC.