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Power Finance Corporation updates subsidiary

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Capital Market

PFC Consulting transfers 3 subsidiaries to Adani Transmission

Power Finance Corporation announced that PFC Consulting (a wholly owned subsidiary of Power Finance Corporation) has transferred on 23 November 2015, its following three (3) wholly owned subsidiary Companies to "Adani Transmission" the investing Affiliate of Adani Power, the successful bidder selected through "Tariff based Competitive Bidding Guidelines for Transmission services" issued by Ministry of Power, Government of India.

1. Sipat Transmission
2. Chhattisgarh-WR Transmission
3. Raipur-Rajnandgaon-Warora Transmission.

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First Published: Nov 24 2015 | 6:13 PM IST

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