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    <title>PFC incorporates SPV for development of transmission project in Andhra</title>
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    <description>Power Finance Corporation incorporated a special purpose vehicle as a wholly owned subsidiary of PFC Consulting Limited to develop the transmission system for proposed green hydrogen and green ammonia projects in the Kakinada Phase I transmission scheme, and disclosed the incorporation by exchange filing. The SPV will be transferred to the successful bidder after completion of the bidding process, with the selected bidder to carry out project development and execution.</description>
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      <description>Power Finance Corporation incorporated a special purpose vehicle as a wholly owned subsidiary of PFC Consulting Limited to develop the transmission system for proposed green hydrogen and green ammonia projects in the Kakinada Phase I transmission scheme, and disclosed the incorporation by exchange filing. The SPV will be transferred to the successful bidder after completion of the bidding process, with the selected bidder to carry out project development and execution.</description>
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