New Delhi: State-owned Power Finance Corporation (PFC) on Monday said that its arm PFC Consulting Ltd has incorporated a project special purpose vehicle (SPV) namely Fatehgarh II and Barmer I PS Transmission Ltd.
According to a regulatory filing, the SPV has been set up for augmentation of transmission infrastructure at Fatehgarh-II PS (power station), Fatehgarh-IV PS (Section-II) and Barmer-I PS.
The SPV will be transferred to the Successful Bidder selected through International Competitive Bidding Process under Tariff-Based Competitive Bidding Guidelines for Transmission Service issued by Ministry of Power, a release said.
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