PFC Transfers Saswad To Maharashtra Govt
The Power Finance Corporation Limited (PFC), a Maharatna PSU, has transferred its wholly-owned subsidiary, Saswad Transmission Limited, to Maharashtra State Electricity Transmission Company Limited (MSETCL) for ₹3.79 crore. This involves the development of a 400/220 kV AIS Substati
The Power Finance Corporation Limited (PFC), a Maharatna PSU, has transferred its wholly-owned subsidiary, Saswad Transmission Limited, to Maharashtra State Electricity Transmission Company Limited (MSETCL) for ₹3.79 crore. This involves the development of a 400/220 kV AIS Substation at Saswad, Pune, following a competitive bidding process. The transfer has negligible impact on PFC’s turnover but streamlines infrastructure focus.
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