Power Equity Capital Advisors Private Limited

An advisory company namely Power Equity Capital Advisors Private Limited (PECAP) was incorporated to provide advisory services related to equity investments in Indian power sector, where PFC held 30% of the total issued and paid up equity share capital. Consequent upon transfer of 70% stake in PECAP to PFC, PECAP has become wholly owned subsidiary of PFC on 11th October, 2011.