Power Finance Corporation Ltd.

Power Finance Corporation’s - wholly owned subsidiary - PFC Consulting, has transferred its two wholly owned subsidiaries (WOS) to successful bidder selected through ‘Tariff based Competitive Bidding Guidelines for Transmission services’ issued by Ministry of Power, Government of India.

It has transferred Purulia & Kharagpur Transmission Company on December 09, 2013 to Sterlite Grid. Purulia & Kharagpur Transmission Company was incorporated for development of Transmission System for ‘Eastern Region System Strengthening scheme-VII’.

Beside, it has also transferred Darbhanga-Mouhari Transmission Company on December 10, 2013 to Essel Infraprojects. Darbhanga-Mouhari Transmission Company was incorporated for development of Transmission System for ‘Eastern Region System Strengthening scheme-VI’.

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.