PFC sets up SPV for Establishment of 765/400/220 kV AIS Kandalgaon
Power Finance Corporation Limited has set up a new Special Purpose Vehicle through its wholly owned subsidiary PFC Consulting. The SPV, named Raigad Power Transmission Limited, will support the development of the project titled Establishment of 765/400/220 kV AIS Kandalgaon in Raigad district of Maharashtra. Maharashtra State Electricity Transmission Company appointed PFC Consulting as the Bid Process Coordinator through a Letter of Intent dated August 14, 2025. The SPV will oversee preparatory work such as…
