These 5 SPVs are called Bhadla Sikar Transmission Limited, Sikar-II Aligarh Transmission, Khetri - Narela Transmission, Bikaner-II Bhiwadi Transco and finally Ananthpuram Kurnool Transmission.
Four SPVs are incorporated in Rajasthan, while one in Andhra Pradesh.
These SPVs are formed for the development of a transmission scheme for the evacuation of solar energy in the respective state in a phased manner.
At around 2.47 pm, PFC stock price is trading at Rs75.05 per piece down by 5.12%.
The stock opened at an intraday high of Rs78.40 per piece before correcting.
In the previous closing, PFC stock price ended at Rs79.10 per piece.