PFC transfers Wagdari transmission SPV to KCC Buildcon
Power Finance Corporation Limited (PFC) has completed the transfer of its wholly owned subsidiary Wagdari Transmission Limited to KCC Buildcon Private Limited, the successful bidder under the tariff-based competitive bidding (TBCB) process. The transfer was completed on March 27, 2026. The transaction was executed through PFC Consulting Limited (PFCCL), a wholly owned subsidiary of PFC, which held the special purpose vehicle (SPV) prior to the transfer. Project scope and bidding process Wagdari Transmission Limited was…