PFC Consulting Limited (PFCCL) has incorporated a new special purpose vehicle (SPV) for development of independent transmission projects.
This SPV is Tirwa Transmission Limited for development of construction of 220/132/33 kV Tirwa (Kannauj) substation with associated lines and LILO of one circuit of 400 kV DC (Twin Moose) Shamli-Aligarh line at THDC 2×660 MW Khurja power plant. UP Power Transmission Company Limited appointed PFCCL to be the bid process coordinator for selection of bidder as transmission service provider to establish this intra-state transmission system through tariff based competitive bidding process.