Power Finance Corporation’s wholly owned subsidiary -- PFC Consulting has incorporated Special Purpose Vehicle (SPV) as its wholly owned subsidiary (WOS) namely NES PUNE EAST NEW TRANSMISSION for development of ‘Network Expansion scheme in Maharashtra for removal of Transmission Constrains in Pune Region-I (765/400 kV Pune East)’.
The SPV has to 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.
Power Finance Corporation is engaged in providing financial assistance to Power Utilities for meeting financing and development requirements of the power sector.
