Power Finance Corporation Ltd.

Power Finance Corporation’s (PFC) wholly owned subsidiary -- PFC Consulting has incorporated Special Purpose Vehicle (SPV) as its wholly owned subsidiary (WOS) namely NER Expansion Transmission for ‘North-Eastern Region Expansion Scheme-XXV Part-A (NERES-XXV Part-A)’. 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.

Earlier, PFC Consulting had been appointed by Ministry of Power (MOP) August 30, 2024, as Bid Process Coordinator (BPC) for the purpose of selection of Bidder as Transmission Service Provider (TSP) to establish the transmission system through Tariff Based Competitive Bidding Process.

Power Finance Corporation is central PSU under Ministry of Power and India's leading NBFC.