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Power Finance Corporation’s arm incorporates wholly owned subsidiary
Nov-21-2025

Power Finance Corporation’s wholly owned subsidiary -- PFC Consulting (PFCCL) has incorporated Special Purpose Vehicle (SPV) as its wholly owned subsidiary (WOS) namely ‘NERGS III Siang Basin Transmission’. The said WOS has been incorporated for development of NERGS-III Siang Basin.

The SPV has to be transferred to the Successful Bidder selected through International Competitive Bidding Process under Tariff Based Competitive Bidding Guidelines for Transmission Service issued by Ministry of Power. 

Power Finance Corporation is engaged in providing financial assistance to Power Utilities for meeting financing and development requirements of the power sector.


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