Support: +91-22-61011756 / help@projectstoday.com

PFC Consulting transfers three SPVs to Power Grid under TBCB

Thursday, 30 Mar 2023
Share this on :

PFC Consulting has transferred three wholly-owned subsidiaries to Power Grid Corporation (PGCIL) on 28 March, 2023. PGCIL emerged as the successful bidder under tariff-based competitive bidding (TBCB) for setting up of a transmission system.

The special purpose vehicles (SPVs) are namely Dharamjaigarh Transmission, Bhadla Sikar Transmission and Raipur Pool Dhamatari Transmission.

Dharamjaigarh Transmission and Raipur Pool Dhamatari Transmission were incorporated for the development of inter-state transmission system under the Western Region Expansion schemes (WRES). Bhadla Sikar Transmission was set up under the transmission system strengthening scheme for evacuation of power from solar energy zones (8.1 GW) in Rajasthan under Phase-II-Part E.

PFC Consulting is a wholly-owned subsidiary of Power Finance Corporation.

 
Post Your Comments


  
REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services