NEW DELHI: Power Finance Corporation (PFC) will provide consultancy services in the power sector and related areas through its subsidiary PFC consulting Ltd.
The state run power utility on Monday floated a wholly owned consultancy arm to provide consultancy services in the power sector and related areas.
The company would also carry out services related to ultra mega power projects, including formation of special purpose vehicle. It would also conduct bidding process for awarding projects of state utilities.
The new subsidiary would have consultancy assignments of Rs 60 crore to be executed over the next 18 months.