PFC Consulting Limited (PFCCL) has incorporated a special purpose vehicle (SPV) named NERGS III Siang Basin Transmission Limited. The SPV was created to undertake preparatory activities for the development of the NERGS-III Siang Basin transmission project. In a separate development, PFCCL has incorporated a new SPV named Raigad Power Transmission Limited to implement a transmission project in Maharashtra. The project involves the establishment of a 765/400/220 kV air-insulated substation at Kandalgaon in Raigad district.
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