Latur transmission project: PFC consulting forms SPV
Public sector firm Power Finance Corporation's (PFC) arm, PFC Consulting Ltd, has incorporated a special purpose vehicle (SPV) for the establishment of a Latur transmission project. This SPV, named Latur REZ Transmission Ltd, will establish the 400/220/132 kV AIS project.
As per updates, the Maharashtra State Electricity Transmission Company Ltd (MSETCL) has placed a Letter of Intent (LOI), appointing PFCCL (PFC Consulting Ltd) as the Bid Process Coordinator (BPC) for the selection of a Bidder as Transmission Service Provider (TSP) to establish the aforementioned transmission system through a tariff-based competitive bidding process
Also Read: CESC floats tender for interstate transmission system