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Power Finance Corporation announces incorporation of step-down subsidiaries (SPVs)

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Capital Market
Power Finance Corporation announced that its wholly owned subsidiary, PFC Consulting has incorporated three wholly owned subsidiaries (SPVs):

Siot Transmission - For creation of 400/200 kV, 2x 315 MVA S/S at Siot, Jammu & Kashmir

Fatehgarh III Beawer Transmission - For development of transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase III Part G.

Beawer Dausa Transmission - For development of transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase III Part H.

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First Published: May 10 2022 | 5:43 PM IST

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