PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of India’s Power Finance Corporation (PFC), has transferred an intrastate transmission system (InSTS) special purpose vehicle (SPV)—NES Dharashiv Transmission Limited (NDTL)—to Montecarlo Limited, an Indian infrastructure development company, respectively, under the tariff-based competitive bidding (TBCB) mechanism. PFCCL acted as the bid process coordinator for the tender. The NES […]
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