Power Finance Corporation Ltd.

BSE: 532810 | NSE: PFC
Large Cap | Finance Term Lending
375.45
3.65 (0.98%)
< Home < Back

Power Finance Corporation’s arm incorporates wholly owned subsidiary

Date: 07-01-2025

Power Finance Corporation’s wholly owned subsidiary -- PFC Consulting has incorporated Special Purpose Vehicle (SPV) as its wholly owned subsidiary (WOS) namely ‘Anantapur II REZ Transmission’ for development of transmission system for integration of Anantapur- II REZ - Phase-I (for 4.5 GW).

The SPV has to be transferred to the Successful Bidder selected through International Competitive Bidding Process under Tariff Based Competitive Bidding Guidelines for Transmission Service issued by Ministry of Power. 

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