Latest News | PFC Consulting Incorporates Project SPV Fatehgarh II And Barmer I PS Transmission Ltd

New Delhi, Dec 30 (PTI) State-owned Power Finance Corporation 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.

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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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)