Power Finance Corporation Limited (PFC) announced the incorporation of Anuppur Transmission Limited as a wholly-owned subsidiary of PFC Consulting Limited (PFCCL), which is itself a wholly-owned subsidiary of PFC.
The Special Purpose Vehicle (SPV) was incorporated for the specific purpose of "Development of transmission System for power evacuation of 4000 MW through STU network from proposed thermal power plants coming up in MP."
PFC Consulting Limited has been nominated as the 'Bid Process Coordinator' (BPC) for selection of developer through tariff based competitive bidding for the Independent Transmission projects (ITPs) by Ministry of Power, Government of India.
As per the tariff based competitive bidding Guidelines issued by the Ministry of Power, the BPC must prepare the project profile and initiate land acquisition and forest clearance processes. For these activities, one SPV is required to be incorporated to handle various preparatory activities including survey and report preparation, initiation of land acquisition process, and seeking forest clearance if required.
The Government of Madhya Pradesh appointed PFC Consulting Limited as Bid Process Coordinator for this transmission project through Government Order No. 5001/R- ()-IV 5277368/2026/XIII, Bhopal, dated 16.07.2026. This appointment was made under the Guidelines for Tariff Based Competitive Bidding (TBCB) for Transmission Service circulated by the Ministry of Power under Section 63 of the Electricity Act, 2003.
The SPV will be transferred to the Successful Bidder selected through International Competitive Bidding process under Tariff Based Competitive Bidding Guidelines after completion of the bidding process. The successful bidder will then develop the project.
The disclosure is submitted for information and record purposes as a regulatory compliance matter.