Power Finance Corporation Transfers Two PFC Consulting Units to Power Grid & Enerica Infra

Power Finance Corporation (PFC), a leading non-banking financial company in the power sector, has confirmed the transfer of two units of PFC Consulting Ltd to Power Grid Corporation of India and Enerica Infra. This strategic move underscores PFC’s commitment to optimizing its consulting operations and aligning them with India’s evolving energy infrastructure needs.

The transfer is expected to improve project execution, enhance operational efficiency, and support India’s long-term energy transition goals. By collaborating with Power Grid and Enerica Infra, PFC aims to strengthen the country’s transmission and infrastructure capabilities.

Key Highlights:

• Unit Transfer: Two PFC Consulting units transferred to Power Grid Corporation of India and Enerica Infra.
• Strategic Alignment: Move designed to streamline consulting operations and boost efficiency.
• Sector Impact: Strengthens India’s power transmission and infrastructure ecosystem.
• Future Outlook: Supports national energy transition and infrastructure modernization goals.
• Operational Efficiency: Enhances project execution and resource optimization.

This development reflects PFC’s proactive approach to restructuring and collaboration, reinforcing its role as a key enabler of India’s power sector growth.

Sources: Reuters, Business Standard, Moneycontrol