PFC initiates the process of bidding for two ultra mega power projects: Report

06 Sep 2013 Evaluate

State-run Power Finance Corporation (PFC) reportedly has initiated the process of bidding for two ultra mega power projects at Bedhabahal and Cheyyur, by signing an agreement with states authorizing company to issue bid documents as approved by the government last week. The procuring states for the two ultra mega power projects are Odisha, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, Chhattisgarh, Haryana, Madhya Pradesh, Maharashtra, Tamil Nadu, Karnataka, Andhra Pradesh and Kerala. Further towards this development, the request for qualification for the two UMPP(s) have been finalised and are likely to be issued soon.

PFC provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.

Power Finance Corp Share Price

464.60 5.25 (1.14%)
03-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 464.60
REC 538.00
Indian Railway Finance 153.65
Satin Creditcare 152.90
MAS Financial Serv 268.15
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