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PFC Consulting Transfers Solapur Transmission SPV to Torrent Power as Part of Transmission Project Acquisition

Indian-GRAPEVINE-pfc-consulting-transfers-solapur-transmission-spv-to-torrent--power-as-part-of-transmission-project-

Published 21 Mar, 2024

By Staff Reporter

‘PFC Consulting Limited’, a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has
transferred a transmission project-specific Special Purpose Vehicle (SPV) ‘Solapur Transmission Limited’ to ‘Torrent
Power Limited’, the successful bidder, on March 20, 2024.
The SPV was transferred in the presence of Shri Manoj Rana, CEO, PFCCL, Shri Sudhir Prasad, Executive Director,
Torrent Power limited & other Senior Officials of PFC Consulting Limited & Torrent Power 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.



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