Power Finance Corporation Limited (PFC) — Announcement | 13 July 2026

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PFC incorporates SPV for transmission project coordination

Power Finance Corporation announced the incorporation of a wholly owned subsidiary, Satara Power Transmission Network Expansion Scheme SPV, to support transmission projects in Western India. The new SPV will coordinate land acquisition and forest clearance for up to 4500 MW of pumped storage capacity near Satara, with PFC Consulting nominated as Bid Process Coordinator by the Ministry of Power.

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About Power Finance Corporation Limited (PFC)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,47,102.04 Cr P/E: 5.0

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