PFC Consulting Ltd (PFCCL) has announced the incorporation of a project special purpose vehicle (SPV) for development of an intrastate transmission scheme in West Bengal, under the tariff-based competitive bidding (TBCB) route.
In a stock exchange filing, Power Finance Corporation (PFC), the holding company of PFCCL, said that PFCCL has incorporated a wholly-owned subsidiary “Ramakanali B Panagarh Transmission Ltd” for the development of an intrastate transmission scheme in West Bengal, officially termed as “Package -A (West Bengal): (i) 400/220/132/33kV substation at Ramakanali-B along with associated transmission lines. (ii) 220/33kV substation at Panagarh along with associated transmission lines.”
In May 2023, Central power utility Damodar Valley Corporation (DVC) appointed PFCCL as the bid process coordinator (BPC) for development of the intrastate transmission scheme.
PFCCL will select the bidder (developer) for this scheme using the TBCB modality. The SPV “Ramakanali B Panagarh Transmission Ltd” will then be transferred to the successful bidder.
Project elements
According to information available with T&D India, the intrastate transmission scheme will involve the creation of the following elements:
- 400/220/132/33kV GIS substation at Ramakanali-B
- 220/33kV GIS substation at Panagarh
- LILO of five existing lines (of 400kV, 220kV and 132kV) aggregating 114 route km
Package B
The intrastate scheme in West Bengal discussed above has a complementing portion in Jharkhand. PFCCL has been appointed BPC by DVC for this scheme, which is officially denoted as “Package B (Jharkhand) (i) 400/220/132/33kV substation at Gola-B along with associated transmission lines. (ii) 220/33kV substation at Ramgarh along with associated transmission lines.” Package B will also be implemented under the TBCB modality.
Technical Consultant
Incidentally, PFCCL is already in the process of selecting a technical consultant for project survey and preparation of project report for both the intrastate schemes – Package A (West Bengal) and Package B (Jharkhand).
Also Read: PFCCL Incorporates Project SPV For ISTS Scheme In Gujarat
Featured photograph (source: DVC) is for representation only.
