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Resonia secures Ananthapur-II REZ transmission project; PFCCL sets up SPV for Pune expansion

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Resonia Limited, formerly Sterlite Grid 32 Limited, has won the bid for the “Transmission System for Integration of Ananthapur-II Renewable Energy Zone (REZ) Phase-I” project. The contract was awarded through a tariff-based competitive bidding process in 2025. The company will develop the project under a special purpose vehicle (SPV) on a build, own, operate, and transfer (BOOT) basis for 35 years. Meanwhile, PFC Consulting Limited (PFCCL) has incorporated a new SPV, NES Pune East New…

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PFCCL transfers SPV for Kurnool-III transmission project

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PFC Consulting Limited (PFCCL) has transferred Kurnool III PS RE Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) for strengthening the transmission system at Kurnool-III PS. The transfer took place on March 27, 2025. POWERGRID received the Letter of Intent (LoI) for the project on March 6, 2025. The project was awarded through Tariff-Based Competitive Bidding (TBCB) and will be executed on a build, own, operate, and transfer…

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PFCCL incorporates two SPVs for transmission projects in Maharashtra

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PFC Consulting Limited (PFCCL) has incorporated two special purpose vehicles (SPVs) for the development of transmission projects in Maharashtra. The SPVs were established on March 21, 2025, to facilitate network expansion for renewable energy evacuation and power supply to data centers. SPVs incorporated: NES Dharashiv Transmission Limited – For the Network Expansion scheme in Maharashtra for evacuation of renewable energy power from Dharashiv, Beed District. NES Navi Mumbai Transmission Limited – For the Network Expansion…

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PFCCL invites bids for Maharashtra transmission expansion; UPPCL seeks environmental expert

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PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process. The project, “Network Expansion Scheme in Maharashtra for Providing Supply to Data Centre Loads in Navi Mumbai,”  will be developed on a build, own, operate, and transfer (BOOT) basis. The bidding process was launched on March 24, 2025, with a deadline for submissions set for May 28, 2025….

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PFCCL and REC PDCL invite bids for transmission projects in Madhya Pradesh and Maharashtra

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PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis for the Augmentation of transformation capacity & Implementation of line bays at Mandsaur S/s for RE Interconnection. The bidding process commenced on March 11, 2025, with the last date for submissions set for May 16, 2025. PFCCL has been…

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PFCCL invites bids for transmission projects in Jammu & Kashmir

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PFC Consulting Limited (PFCCL) has invited Request for Proposal (RFP) bids for selecting transmission service providers (TSPs) through the tariff-based competitive bidding (TBCB) process.  The bids are for three transmission projects on a build, own, operate, and transfer (BOOT) basis. The submission deadline is February 28, 2025. The projects include: Construction of grid substations at Wahipora and Sallar in Kashmir and the allied transmission system. Development of a downstream transmission network from the upcoming 400/220…

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PFCCL incorporates SPV for Fatehgarh and Barmer transmission projects

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PFC Consulting Limited (PFCCL) has incorporated Fatehgarh II And Barmer I PS Transmission Limited, a special purpose vehicle (SPV), for the augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Section-II), and Barmer-I PS. The incorporation was completed on December 30, 2024. PFCCL is serving as the bid process coordinator (BPC) to select a transmission service provider (TSP) for the project’s establishment through the tariff-based competitive bidding (TBCB) process.

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PFCCL initiates empanelment process for AMISP under RDSS

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PFC Consulting Ltd (PFCCL), a subsidiary of Power Finance Corporation Ltd, has initiated the empanelment of advanced metering infrastructure service providers (AMISP) under the centrally-sponsored Revamped Distribution Sector Scheme (RDSS).  As one of the project implementation agencies (PIA) for smart metering under RDSS, PFCCL is seeking to empanel AMISPs to execute prepaid smart metering projects. The empanelment process will categorize bidders into four groups based on project size, defined by the volume of smart meters:…

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G R Infraprojects wins bid for Karnataka Bijapur REZ project

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G R Infraprojects Limited has received a Letter of Intent (LoI) for the Transmission Scheme to integrate the Bijapur Renewable Energy Zone (REZ) in Karnataka.  The project was awarded through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis. The work is scheduled for completion by December 12, 2026. Power Finance Corporation Consulting Limited (PFCCL) has been appointed as the bid process coordinator for selecting this project’s transmission service…

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PFCCL incorporates SPV for North-Eastern Region transmission project

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PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has established a special purpose vehicle (SPV) named NER Expansion Transmission Limited.  The SPV is tasked with developing the “North-Eastern Region Expansion Scheme-XXV Part-A (NERES-XXV Part-A).” The Ministry of Power has appointed PFCCL as the bid process coordinator to select a transmission service provider through a tariff-based competitive bidding process.