PFC arm incorporates subsidiary in Rajasthan.

The state-owned Maharatna said its wholly owned subsidiary, PFC Consulting, incorporated a special purpose vehicle (SPV), Fatehgarh IV Transmission, as its wholly owned subsidiary on 8 June 2022.

The SPV was set up to develop transmission system for evacuation of power from REZ in Rajasthan (20 gigawatt) under Phase-III-Part-A1.

BS