News Transmission, Distribution & Infrastructure

PFS sanctions Rs. 125 crores to Transmission Project in Uttar Pradesh

April 11, 2013

PTC India Financial Services Limited (PFS), an Infrastructure Finance Company set up by PTC India Limited with emphasis to finance projects in the power sector has sanctioned a loan of Rs. 125 crores to part finance mega size Power Transmission project for setting up 765/400 kV transmission line of around 1,600 kms along with construction of 5 EHV sub-stations aggregating transformation capacity of 4,400 MVA in Uttar Pradesh.

PFS so far has sanctioned term loans aggregating more than Rs. 11,000 crores to about 100 power projects, which are expected to support capacity creation of more than 30,500MW.