Power Finance Corporation’s (PFC) wholly owned subsidiary -- PFC Consulting has incorporated Special Purpose Vehicle (SPV) as its wholly owned subsidiary (WOS) namely MEL Power Transmission for Transmission System for evacuation of power from Mahan Energen Generating Station in Madhya Pradesh.
This SPV will be transferred to the successful bidder after the completion of the bidding process. The successful bidder selected through the bidding process would develop the project.
Power Finance Corporation is central PSU under Ministry of Power and India's leading NBFC.
