PFC’s arm incorporates wholly owned subsidiary
22nd Mar 2019

Power Finance Corporation’s (PFC) wholly owned subsidiary--PFC Consulting has incorporated a wholly owned subsidiary namely ‘Lakadia-Vadodara Transmission Project’. The date of incorporation is March 15, 2019.

The wholly owned subsidiary is incorporated for development of Independent Transmission scheme associated with ‘WRSS-21 (Part-B)- Transmission System strengthening for relieving over loadings observed in Gujarat Intra-state system due to RE injections in Bhui PS’.

PFC 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.