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An update from Power Finance Corporation Limited ( (IN:PFC) ) is now available.
Power Finance Corporation Limited has announced the incorporation of Raigad Power Transmission Limited, a wholly owned subsidiary of PFC Consulting Limited, to establish a new transmission system in Maharashtra. This move is part of a strategic initiative to enhance the power transmission infrastructure through a tariff-based competitive bidding process, with the subsidiary being transferred to the successful bidder upon completion of the bidding process.
More about Power Finance Corporation Limited
Power Finance Corporation Limited (PFC) is a government-owned financial institution in India, primarily engaged in financing and development of the power sector. It provides financial assistance to power projects across the country and is involved in various initiatives to enhance the power infrastructure.
Average Trading Volume: 232,025
Technical Sentiment Signal: Hold
Current Market Cap: 1236.2B INR
Find detailed analytics on PFC stock on TipRanks’ Stock Analysis page.