Power Finance Corporation Transfers Wholly Owned Subsidiary NERGS III Siang Basin Transmission
Power Finance Corporation Limited (PFC), a Government of India Undertaking, has transferred NERGS III Siang Basin Transmission Limited. This entity is a wholly owned subsidiary of PFC Consulting Limited, which itself is a wholly owned subsidiary of Power Finance Corporation Limited.The transfer was completed on May 26, 2026, with the asset going to Dineshchandra R. Agrawal Infracon Private Limited, identified as the successful bidder.The transaction details reveal that the sale of the subsidiary is valued at Rs.19,70,61,135/- (Rupees Nineteen Crores Seventy Lakhs Sixty One Thousand One Hundred and Thirty Five Only) as per the Share...