PFCCL signs MoU with CEA to collaborate on power sector projects
On October 14, 2024, PFC Consulting Ltd (PFCCL), a wholly-owned subsidiary of Power Finance Corporation, signed a memorandum of understanding (MoU) with the Central Electricity Authority (CEA) to collaborate on generation, transmission, and distribution projects. PFCCL, which provides consultancy services to the power sector, also plays a crucial role in developing ultra mega power projects (UMPPs) and acts as the Bid Coordinator for selecting developers for independent transmission projects (ITPs), as appointed by the Ministry…