PFC Consulting Forms New SPV for Independent Transmission Projects

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PFC Consulting Limited (PFCCL) incorporated Bhadla-III & Bikaner-III Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission system strengthening for interconnections of Bhadla-III & Bikaner-III complex.

PFCCL has been appointed as the bid process coordinator (BPC) for selection of a transmission service provider for establishment of the project in Rajasthan through tariff based competitive bidding (TBCB) process on build, own, operate, and transfer basis. In another development, PFCCL has incorporated Jamnagar Transmission Limited for development of Network Expansion scheme in Gujarat for drawl of about 3.6 GW load under Phase-I in Jamnagar area. PFCCL has been nominated as the BPC for selection of developer through TBCB for the independent transmission projects by Ministry of Power.

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