PFC Consulting transfers transmission projects to Apraava Energy, Sterlite Power
PFC Consulting Limited (PFCCL) has transferred two transmission projects to Apraava Energy Private Limited, and one project to Sterlite Power. PFCCL is the wholly-owned subsidiary of Power Finance Corporation (PFC), a non-banking financial company under the Ministry of Power.
“PFCCL has transferred two transmission projects specific special purpose vehicles (SPVs) namely Fatehgarh IV Transmission and Fatehgarh III Transmission to Apraava Energy Private Limited (APEL), the successful bidder, on August 02, 2023,” PFC said in a statement on Thursday.
