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PFCCL forms SPV Kurnool-III PS RE Transmission

PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV), Kurnool-III PS RE Transmission, 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 capacity. …