GIB Row: CERC Grants Compensation To PFC In Case Involving Adani Green Updated On Wed, May 15th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement allowed compensation to Fatehgarh Bhadla Transmission Limited (FBTL) due its increased project cost due to the Great Indian Bustard (GIB) row. FBTL is a Special Purpose Vehicle (SPV) of the PFC Consulting Limited. It was created to develop a transmission system for ultra mega solar […] Read more
PFC Incorporates 5 SPVs for Evacuating Renewable Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […] Read more
Govt Kicks off Pilot Scheme to Procure 2500 MW Power for 3-Yrs Updated On Tue, May 1st, 2018 by Saurenergy The Ministry of Power said in a statement that, it had recently issued the model bid documents, model PAPP and PPSA on 6th April 2018. The government has launched a pilot scheme for the procurement of aggregate 2500 MW power on a competitive basis for three years under medium term i.e. from generators with commissioned projects […] Read more
