PFC Consulting takes over SPV to develop independent transmission projects

PFC Consulting Limited has incorporated a special purpose vehicle (SPV) as a wholly-owned subsidiary for the development of independent transmission projects, according to a regulatory statement.

PFC Consulting Limited (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation Limited (PFC), under the Ministry of Power, is the nodal agency for the development of integrated power development scheme(IPDS), ultra mega power projects (UMPPs) and bid process coordinator for independent transmission projects (ITPs).

“Bikaner III Neemrana II Transmission Limited for development of transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-1: