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Power Finance Corporation incorporates five SPVs

Friday, 22 May 2020
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Five special purpose vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries of PFC Consulting, a subsidiary of the Power Finance Corporation for development of transmission projects. 
 
The BhadlaSikar Transmission (SPV) will undertake development of transmission scheme associated with transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan of 8.1 GW under Phase-II Part-E. 
 
The Sikar-II Aligarh Transmission (SPV) for development of transmission scheme associated with transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan of 8.1 GW under Phase-II Part-D.
 
Khetri-Narela Transmission (SPV) for development of transmission scheme associated with transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan of 8.1 GW under Phase-II Part-G.
 
Bikaner-II Bhiwadi Transco (SPV) for development of transmission scheme associated with transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan of 8.1 GW under Phase-II Part-F.
 
Ananthpuram Kurnool Transmission (SPV) for development of transmission scheme associated for solar energy zone in Ananthpuram (Ananthpur) of 2,500 MW and Kurnool of 1,000 MW in Andhra Pradesh.

 

 
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