PFC Consulting Limited (PFCCL) has incorporated a new special purpose vehicle (SPV) for development of independent transmission projects.
This SPV is Ramakanali B Panagarh Transmission Limited for development of the intra-state transmission system consisting of “Package -A (West Bengal); (i) 400/220/132/33 kV substation at Ramakanali- B along with associated transmission lines and (ii) 220/33 kV substation at Panagarh along with associated transmission line. PFCÂ has been nominated as the bid process coordinator for selection of developer through tariff based competitive bidding for the independent transmission projects by the Ministry of Power.