PFC Consulting transfers two subsidiaries to Adani Transmission - Wire & Cable India
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PFC Consulting transfers two subsidiaries to Adani Transmission

Adani Transmission had emerged as the successful bidder for two power transmission projects, namely, Karur Transmission Ltd and Khavda-Bhuj Transmission Ltd.

January 24, 2022

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Representative Image: Transmission Towers

PFC Consulting Ltd, the consultancy arm for the power sector of Power Finance Corporation, has transferred two wholly-owned subsidiaries to Adani Transmission Ltd for two power transmission projects. As per a BSE filing, Adani Transmission had emerged as the successful bidder for two transmission projects in Gujarat and Tamil Nadu respectively.

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According to the filing, the two firms that are transferred to Adani Transmission are – Karur Transmission Ltd and Khavda-Bhuj Transmission Ltd. Based in Tamil Nadu, Karur Transmission Ltd is established for the development of “evacuation of power from RE (renewable energy) sources in Karur/Tirupur Wind Energy Zone (Tamil Nadu) (1,000 MW) under Phase-I.”

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Khavda-Bhuj Transmission Ltd is established for the development of a “transmission scheme for evacuation of three GW RE injection at Khavda PS under Phase-1” in Gujarat.