Sterlite Power acquires VNLTL SPV from PFC Consulting
New Delhi: Transmission solutions provider Sterlite Power on Friday said it has acquired Vapi II North Lakhimpur Transmission Limited (VNLTL), a special purpose vehicle, from state-owned PFC Consulting.
The company, however, did not disclose the deal value.
PFC Consulting Ltd (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation (PFC), the non-banking finance company under the Ministry of Power.
In a statement Sterlite Power announced the “acquisition of Vapi II North Lakhimpur Transmission Limited (VNLTL), a SPV from PFC Consulting Limited”.
