Subsidiary24 Oct 2026, 02:30 pm
PFC Incorporates Subsidiary Khushkhera Transmission Limited
AI Summary
Power Finance Corporation Ltd (PFC) has announced the incorporation of Khushkhera Transmission Limited as a wholly-owned subsidiary of its subsidiary, PFC Consulting Limited (PFCCL). This Special Purpose Vehicle (SPV) is established to undertake preparatory activities for the 400 KV GSS Bhojrajka (Khushkhera) transmission project, including surveys, land acquisition, and forest clearance processes. PFCCL has been appointed as the Bid Process Coordinator (BPC) by the Rajasthan State Government for this project, selected through tariff-based competitive bidding. The SPV will be transferred to the successful bidder selected through the bidding process.
Key Highlights
- PFC subsidiary PFCCL incorporated Khushkhera Transmission Limited.
- SPV to manage preparatory work for a 400 KV transmission project.
- PFCCL appointed Bid Process Coordinator for the project.
- SPV to be transferred to the successful bidder post-bidding.
Price Impact
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