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PFC Consulting Transfers Two Subsidiaries To Adani Transmission

Adani Transmission had emerged as the successful bidder for two transmission projects of PFC Consulting on January 18

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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". 


(PTI)