Power Finance Corporation Limited — Important, 29-07-2025: General Updates
29-07-2025 | 12:58 pm
29-07-2025 | 12:58 pm
Power Finance Corporation's subsidiary, PFC Consulting, has divested Angul Sundargarh Transmission Limited, its wholly-owned unit, to H.G. Infra Engineering Limited. The transfer was completed for Rs. 8.16 Cr. This subsidiary, established for the Eastern Region Generation Scheme-I, contributed negligibly to PFC's financials, suggesting minimal impact. H.G. Infra Engineering is not a promoter group entity. This move streamlines operations.
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