PFC Consulting Limited’, a wholly owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has transferred three transmission projects (Special Purpose Vehicles) namely ‘BhadlaSikar Transmission Limited’,‘Dharamjaigarh Transmission Limited’& ‘Raipur Pool Dhamtari Transmission Limited’ to ‘Power Grid Corporation Of India Limited’, the successful bidder, on March 28, 2023.
The SPVs were transferred in the presence of Shri ManojRana, CEO, PFCCL, Shri A.K. Singhal, Executive Director, PGCIL & other Senior Officials of PFC Consulting Limited & Power Grid Corporation of India Limited.
The selection of successful bidder was carried out through Tariff Based Competitive Bidding (TBCB) process for selection of Transmission Service Provider for establishment of transmission system in line with Guidelines notified by Ministry of Power, Government of India.
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The SPV‘Dharamjaigarh Transmission Limited’ andtheSPV ‘Raipur Pool Dhamtari Transmission Limited’ were incorporated for establishment of ‘Western Region Expansion Schemes’.