PFC Consulting Ltd (PFCCL) has recently incorporated two special purpose vehicles for the development of as many interstate transmission system (ISTS) schemes, the developers for which will be selected under the tariff-based competitive bidding (TBCB) route.
Central Electricity Regulatory Commission (CERC) has granted interstate transmission licence to a special purpose vehicle (SPV) of Power Grid Corporation of India Ltd (PGCIL) for a set of interstate transmission system (ISTS) components, to be developed under the regulated tariff mechanism (RTM) route, in Rajasthan.