Power Finance Corporation (PFC) has completed the transfer of two wholly-owned subsidiaries of its subsidiary, PFC Consulting, to successful bidders, finalising the transaction on 03 February, 2026.

The subsidiaries include SR and ER Power Transmission, responsible for strengthening inter-regional transmission between the Southern and Eastern grids, acquired by Power Grid Corporation of India for Rs 19.63 crore. Morena I SEZ Transmission, developed to evacuate power from renewable energy projects in Morena SEZ, Madhya Pradesh (Phase I, 2,500 MW), was acquired by Enerica Infra 1 for Rs 22.35 crore. A PFC spokesperson noted that the transfers are part of the company’s strategy to optimize its portfolio and support efficient power infrastructure development across India.

The move aligns with PFC’s broader objective of enhancing operational efficiency, unlocking value from its subsidiaries, and contributing to the growth of India’s power transmission and renewable energy infrastructure, ensuring reliable and sustainable energy supply across regions.