PFCCL sets up five SPVs for REZ-linked transmission projects
PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated five Special Purpose Vehicles (SPVs) to undertake preparatory work for Independent Transmission Projects (ITPs) across multiple states, focused on evacuating power from Renewable Energy Zones (REZ). The move follows PFCCL’s appointment as Bid Process Coordinator (BPC) by the Ministry…