Power Finance Transfers Two Transmission SPVs to Apraava Energy and PGCIL
Power Finance Corporation completed the transfer of two wholly owned subsidiaries of PFC Consulting Limited to winning bidders under the applicable regulatory framework on August 3, 2026. Ananthpuram Transmission Limited was transferred for Rs. 19.62 crore to Apraava Energy and acquired by PGCIL for Rs. 19.82 crore. Both SPVs had negligible impact on prior-year turnover and net worth.