The SPV, Latur REZ Transmission Ltd, will set up the 400/220/132 kV AIS mission.
Maharashtra State Electrical energy Transmission Firm Ltd (MSETCL) has positioned a Letter of Intent (LOI) dated August 14, 2025, appointing PFCCL (PFC Consulting Ltd) because the Bid Course of Coordinator (BPC) for the choice of Bidder as Transmission Service Supplier (TSP) to ascertain the aforementioned transmission system by tariff-based aggressive bidding course of, a regulatory submitting stated.
As per the provisions of tariff primarily based aggressive bidding pointers issued by the Ministry of Energy, the BPC has to organize the mission profile and provoke the method of land acquisition and forest clearance, if required.
For these actions, a SPV is required to be integrated, which is able to take up numerous preparatory actions of the transmission tasks, corresponding to survey and preparation of report, initialisation of the method of acquisition of land and in addition provoke the method of searching for forest clearance, if required.
The SPV needs to be transferred to the profitable bidder chosen by the Worldwide aggressive bidding course of underneath tariff-based aggressive bidding pointers for Transmission Service issued by the Ministry of Energy.
Accordingly, the SPV has been integrated as an entirely owned subsidiary of PFCCL to develop the aforementioned transmission scheme.
The SPV might be transferred to the profitable bidder after the completion of the bidding course of.
Leave a Reply