3.65 (0.98%) Power Finance Corporation’s - wholly owned subsidiary - PFC Consulting has transferred its wholly owned subsidiary (WOS) namely ‘Patran Transmission Company’ to Techno Electric and Engineering Company, a successful bidder selected through Tariff based Competitive Bidding Guidelines for Transmission services issued by Ministry of Power, Government of India. The company has transferred Patran Transmission Company on November 13, 2013.
Patran Transmission Company is incorporated for development of Independent Transmission System for Patran 400 kV S/S.
Power Finance Corporation 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.