POWER FINANCE CORPORATION LTD. - 532810 - Closure of Trading Window
Closure of Trading Window.28-06-2023
POWER FINANCE CORPORATION LTD. - 532810 - Closure of Trading Window
Closure of Trading Window.POWER FINANCE CORPORATION LTD. - 532810 - Incorporation Of A Special Purpose Vehicle (SPV)
Incorporation of a Special Purpose Vehicle (SPV) for development of Independent Transmission Projects as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC) namely Joda Barbil Transmission Limited .PFC sets up SPV for independent transmission projects; stock rises over 3%
On June 20, shares of PFC opened at 197.30, touching an intra-day high of 204.50 and settled 3.75 per cent higher at 204.10 apiece on the BSE.POWER FINANCE CORPORATION LTD. - 532810 - Incorporation Of A Special Purpose Vehicle (SPV)
Incorporation of a Special Purpose Vehicle (SPV) for development of Independent Transmission Projects as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC) namely Neemrana II Kotputli Transmission Limited.PFC Consulting takes over SPV to develop independent transmission projects
PFC Consulting Limited has incorporated a special purpose vehicle (SPV) as a wholly-owned subsidiary for the development of independent transmission projects, according to a regulatory statement. PFC Consulting Limited (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation Limited (PFC), under the Ministry of Power, is the nodal agency for the development of integrated power development scheme(IPDS), ultra mega power projects (UMPPs) and bid process coordinator for independent transmission projects (ITPs). "Bikaner III Neemrana II Transmission Limited for development of transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-1: Bikaner Complex) Part-C", a special purpose vehicle (SPV) for development of independent transmission projects has been incorporated as a wholly-owned subsidiary of PFC Consulting Ltd," Power Finance Corporation informed the exchanges. The SPV has to be transferred to the successful bidder selected through the International...POWER FINANCE CORPORATION LTD. - 532810 - Incorporation Of A Special Purpose Vehicle (SPV)
Incorporation of a Special Purpose Vehicle (SPV) for development of Independent Transmission Projects as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC)- Bikaner III Neemrana II Transmission Limited.POWER FINANCE CORPORATION LTD. - 532810 - Incorporation Of A Special Purpose Vehicle (SPV) For Development Of Independent Transmission Projects
Incorporation of a Special Purpose Vehicle (SPV) for development of Independent Transmission Projects as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC).POWER FINANCE CORPORATION LTD. - 532810 - Incorporation Of 2 New Special Purpose Vehicle (SPV'S) For Development Of Independent Transmission Projects (Wholly Owned Subsidiaries Of PFC Consulting Limited (PFCCL), A Wholly Owned Subsidiary Of Power Finance Corporation Limited(PFC))
The following 2 SPV's for development of Independent Transmission Projects have been incorporated as wholly owned subsidiaries of PFCCL i) BIKANER III NEEMRANA TRANSMISSION LIMITED for development of 'Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-1: Bikaner Complex) Part-A' on 08th June, 2023 ii) NEEMRANA II BAREILLY TRANSMISSION LIMITED for development of 'Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-1: Bikaner Complex) Part-D' on 08th June, 2023. MoP has forwarded the Gazette Notification No. CG-DL-E-14012023-241990 dated January 13, 2023 appointed PFCCL as the BPC for following Transmission Schemes to be developed through Tariff Based Competitive Bidding Process: i) Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-1: Bikaner Complex) Part-A ii) Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-1: Bikaner Complex) Part-D Accordingly, the 2 SPVs have been incorporated.POWER FINANCE CORPORATION LTD. - 532810 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
Contra Transactions done by Immediate Relative of Designated Person Sh. Amit Goel, General Manager (Lending Policy), during period of closure of Trading Window. The matter was taken up in the meeting of Board of Directors held on 27.05.2023 wherein the Board directed to issue an advisory to Designated Person Shri Amit Goel, General Manager (Lending policy) to be cautious in future and ensure complete compliance of the said Code. The Board of Directors also directed to remit the amount of profits of Rs. 6,786/- earned out of the abovesaid trading, in the IEPF Account of SEBI after collecting the amount from the account of his immediate relative. The said Advisory issued to Designated Person Shri Amit Goel, General Manager (Lending policy) is enclosed at Annexure-II. In this regard, the disclosure as prescribed vide SEBI Circular dated 23.07.2020 is enclosed herewith as Annexure-III.POWER FINANCE CORPORATION LTD. - 532810 - Transcripts Of Conference Call Held With Investors/Analyst On Monday, May 29, 2023
With reference to the captioned subject and in continuation to our intimation dated 26th May, 2023, please find enclosed herewith the transcript of the Investor Conference Call held on Monday, 29th May, 2023, to discuss PFC's performance for the quarter and financial year ended 31st March, 2023. The audio recording and transcript of the conference call is also available on company's website at https://www.pfcindia.com/Home/VS/109.