PFC’s arm incorporates two wholly owned subsidiaries
21st Nov 2019

Power Finance Corporation's (PFC) wholly owned subsidiary -- PFC Consulting has incorporated two wholly owned subsidiaries namely Koppal-Narendra Transmission and Karur Transmission. 

The company has incorporated Koppal-Narendra Transmission for development of transmission scheme associated with evacuation of power from RE sources in Koppal wind Energy zone (Karnataka) (2500 MW). Besides, the company has incorporated Karur Transmission for development of transmission scheme associated with evacuation of power from RE sources in karur/Tiruppur wind energy zone (Tamil Nadu) (2000 MW) and transmission system for providing connectivity to RE project in Gujarat.

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.