PFC Consulting Hands Over Solapur Transmission Project to Torrent Power

28 Mar 2024 CW Team

PFC Consulting has finalised the transfer of the Solapur transmission project to Torrent Power, marking a significant development in the power sector. The project, aimed at enhancing transmission capacity in the region, is now under the stewardship of Torrent Power, a major player in the Indian energy market. This transfer aligns with the broader goal of strengthening infrastructure and improving electricity transmission efficiency.

The Solapur project involves the construction of transmission lines and associated infrastructure to facilitate the smooth transmission of electricity. By transferring the project to Torrent Power, PFC Consulting aims to expedite its implementation and ensure its timely completion. This strategic move is expected to bolster Torrent Power's presence in the transmission segment and further diversify its portfolio.

The project transfer underscores the collaborative efforts between PFC Consulting and Torrent Power to address the growing demand for electricity transmission infrastructure in the country. It also reflects the commitment of both entities to contribute towards the development of a robust and reliable power transmission network.

Additionally, the Solapur project transfer is poised to have positive implications for the energy sector, enabling the seamless transmission of power across the region. This, in turn, can lead to improved electricity access, reduced transmission losses, and enhanced grid stability, benefiting consumers and industries alike.

Overall, the handover of the Solapur transmission project from PFC Consulting to Torrent Power signifies a significant step towards strengthening India's power transmission infrastructure. It highlights the collaborative efforts of key stakeholders in driving innovation and efficiency in the energy sector, ultimately paving the way for sustainable growth and development.

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Government to Launch Coal Gasification Urea Policy

The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..