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PFC Consulting transfers 2 subsidiaries to Adani Transmission for implementing projects – EQ Mag Pro
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PFC Consulting transfers 2 subsidiaries to Adani Transmission for implementing projects – EQ Mag Pro

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PFC Consulting transfers 2 subsidiaries to Adani Transmission for implementing projects
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PFC Consulting transfers 2 subsidiaries to Adani Transmission for implementing projects – EQ Mag Pro

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Adani Transmission had emerged as the successful bidder for these two transmission projects on January 18.

State-owned Power Finance Corporation on Wednesday said its arm PFC Consulting Ltd has transferred two wholly-owned subsidiaries to Adani Transmission Ltd for implementing power transmission projects. Adani Transmission had emerged as the successful bidder for these two transmission projects on January 18, according to a BSE filing.

As per the filing, the two firms that are transferred to Adani Transmission are Karur Transmission Ltd and Khavda-Bhuj Transmission Ltd. Karur Transmission Ltd is established for the development of “evacuation of power from RE (renewable energy) sources in Karur/ Tirrupur Wind Energy Zone (Tamil Nadu) (1,000 MW) under Phase-I”.

Khavda-Bhuj Transmission Ltd is established for the development of a “transmission scheme for evacuation of three GW RE injection at Khavda PS under Phase-1”.

Source: moneycontrol

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Anand Gupta Editor - EQ Int'l Media Network
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