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Power Finance Corp. Transfers SPV To Power Grid For Rs 19 Crore
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Power Finance Corp. Transfers SPV To Power Grid For Rs 19 Crore
Power Finance Corporation Ltd. announced that Kurnool III PS RE Transmission Ltd., a special purpose vehicle or SPV under its wholly owned subsidiary PFC Consulting Ltd., has been transferred to Power Grid Corporation of India Ltd.The transfer was completed on Thursday, with Power Finance receiving Rs 19.04 crore as per the share purchase agreement, according to an exchange filing. "Kurnool III PS RE Transmission Ltd. was established for the tra…
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