PFC arm transfers transmission SPV to Adani Energy Solutions PSUWatch
News Updates

PFC arm transfers transmission SPV to Adani Energy Solutions

Mundra I Transmission Limited has been transferred to Adani Energy Solutions, an exchange filing said on Thursday

PTI

New Delhi: Mundra I Transmission Limited, a project specific special purpose vehicle (SPV), has been transferred to Adani Energy Solutions, an exchange filing said on Thursday.

Mundra I Transmission Limited was established for the development of transmission system for supply of power to green hydrogen/ammonia manufacturing potential in Mundra area of Gujarat.

PSU Watch is now on Whatsapp Channels. Click here to join

The asset which was a wholly-owned subsidiary of PFC Consulting Limited has been transferred to Adani Energy Solutions Limited, the successful bidder on March 20, Power Finance Corporation (PFC) said in the filing.

PFC Consulting is a wholly-owned subsidiary of PFC.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Principal Secretary to PM reviews key indigenous defence & aerospace projects at HAL

Draft norms to incentivise domestic production of rare earth on anvil

Western Coalfields Limited recognised as highest taxpayer in Nagpur region

Kolkata Port reports 21% growth in cargo during Q1'FY26

No impact of 50% copper tariffs on Indian companies, says industry