RJ Associates > Tariff Based Competitive Bidding
Highlights Public Sector Unit News

PFC Creates New Entity for Grid Infrastructure

  • October 22, 2026
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Power Finance Corporation Limited has informed the stock exchanges about the incorporation of Northern Region Power Transmission Limited, a wholly owned subsidiary of PFC Consulting Limited (PFCCL). PFCCL is, in turn, a wholly owned subsidiary of PFC. The new Special Purpose Vehicle (SPV) has been established to address the static and dynamic compensation requirements of […]

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Highlights Public Sector Unit News

Barmer HVDC: POWERGRID Acquires 100% SPV

  • September 24, 2026
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Power Grid Corporation of India Limited (POWERGRID) has acquired Barmer HVDC Power Transmission Limited for about ₹18.98 crore. The acquisition gives POWERGRID 100% ownership of the project special purpose vehicle (SPV). POWERGRID completed the acquisition on September 23, 2026. It emerged as the successful bidder for the project under the Tariff Based Competitive Bidding (TBCB) […]

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