PFCCL incorporates three SPVs for transmission project development

PFC Consulting Limited (PFCCL) has incorporated three special purpose vehicles (SPVs) as its wholly owned subsidiaries for the development of transmission schemes.

The newly incorporated SPVs include Mandsaur I RE Transmission Limited, Vindhyachal Varanasi Transmission Limited, and Morena I SEZ Transmission Limited. The Mandsaur I RE Transmission Limited has been established for the augmentation of transformation capacity and implementation of line bays at Mandsaur substations for renewable energy interconnection. Vindhyachal Varanasi Transmission Limited will undertake the development of an inter-regional (NR-WR) transmission system to relieve the loading of the 765 kV Vindhyachal–Varanasi double circuit line. Morena I SEZ Transmission Limited will develop the transmission system for evacuation of 2,500 MW of power from renewable energy projects in Morena SEZ, Madhya Pradesh (Phase I).