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June 15, 2026
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PFC Consulting Transfers Two Transmission Project SPVs to PGCIL

PFCCL POWERGRID e1696073538832

New Delhi, Sep 30 PFC Consulting Limited’, a wholly owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has transferred Two transmission projects specific Special Purpose Vehicles (SPVs) namely
‘Ananthpuram Kurnool Transmission Limited’ and ‘Bhadla III Transmission Limited’ to ‘Power Grid
Corporation of India Limited’, the successful bidder.

The SPVs were transferred in the presence of Shri Manoj Rana, CEO, PFCCL, Mr. Pankaj Pandey, Executive
Director (TBCB), PGCIL & other Senior Officials of PFC Consulting Limited & Power Grid Corporation of India
Limited.

The selection of successful bidder was carried out through Tariff Based Competitive Bidding (TBCB) process
for selection of Transmission Service Provider for establishment of transmission system in line with
Guidelines notified by Ministry of Power, Government of India.