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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. 

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PFCCL forms SPV Kurnool-III PS RE Transmission

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PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV), Kurnool-III PS RE Transmission, for the Transmission system strengthening at Kurnool-III PS for integration of additional RE generation projects.  The project will be implemented through tariff-based competitive bidding (TBCB), with PFCCL serving as the bid process coordinator (BPC). The initiative addresses the need for immediate integration and evacuation of power from additional RE projects exceeding 4.5 GW…

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PFCCL incorporates Bhuj ICT Transmission for Rs 5.87 billion grid project

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PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation Limited (PFC), has incorporated Bhuj ICT Transmission Limited as a Special Purpose Vehicle (SPV) to develop the Rs 5.87 billion “Provision of ICT Augmentation & Bus Reactor at Bhuj-II PS” transmission project. This initiative, under the Tariff-Based Competitive Bidding (TBCB) process, is expected to be implemented within 21 months from the transfer of the SPV. The project involves upgrades to the Bhuj-II Power Station (GIS),…

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PFCCL establishes SPV for Wahipora and Sallar Transmission project

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PFC Consulting Limited (PFCCL) has established Wahipora and Sallar Transmission Limited for the transmission project involving the construction of grid substations at Wahipora and Sallar in Kashmir.  The project encompasses the downstream transmission network from the upcoming 400/220 kV Grid Sub-Station at Siot, Rajouri, as well as a new 220 kV grid substation at Bhagthali, Kathua, including a 220 kV line and Line-In Line-Out (LILO) tapping from the existing 220 kV Saran-Hiranagar line. In February…

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PFCCL transfers transmission subsidiaries to Powergrid

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PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation Limited, has transferred two wholly owned subsidiaries, Khavda PSI and 3 Transmission Limited and Barmer I Transmission Limited, to Power Grid Corporation of India Limited (Powergrid) for a total of Rs 268.2 million.  Khavda PSI and 3 Transmission Limited was transferred for Rs 79.2 million, and Barmer I Transmission Limited for Rs 189 million.  Barmer I Transmission Limited focuses on establishing a new 765/400/220 kV…

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PFCCL establishes SPV for ISTS scheme development in Karnataka

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PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka.  The project, titled “System strengthening at Koppal-II and Gadag-II for integration of RE generation projects,” is aimed at enhancing capacity at the Koppal-II and Gadag-II pooling stations to support growing renewable energy (RE) connections. PFCCL has commenced the bidding…