COMPANY NEWS


Power Finance Corporation Ltd
BSE Code 532810 ISIN Demat INE134E01011 Book Value (₹) 225.58 NSE Symbol PFC Div & Yield % 2.21 Market Cap ( Cr.) 158,553.39 P/E * 11.55 EPS * 41.59 Face Value (₹) 10
* Profit to Earning Ratio
* Earning Per Share
Power Finance Corporation announces incorporation of SPVs for development of transmission projects Back
(19 Jan 2024)
Power Finance Corporation announced the incorporation of special purpose vehicles, Beawar - Mandsaur Transmission and Sirohi Transmission as subsidiaries of PFC Consulting (wholly owned subsidiary of the company).

These SPVs have been incorporated for development of transmission system for evacuation of power from Rajasthan REZ Ph-IV (Jaisalmer/ Barmer Complex) Part D and Part B.

The SPVs have to be transferred to the Successful Bidder selected through International Competitive Bidding Process under Tariff Based Competitive Bidding Guidelines for Transmission Service issued by Ministry of Power.