PFC Consulting Limited incorporates Kushtagi Transmission Limited to develop Karnataka 765 kV transmission project
Type: Investment · Technology: Transmission · Country: India · Announced: 2026-07-27
PFC Consulting Limited incorporated Kushtagi Transmission Limited as a special purpose vehicle to develop a 765 kV transmission system in Karnataka, India. The new SPV will own and execute the high‑voltage transmission line, which is part of the state’s grid expansion plan. PFCCL will serve as the bid‑process coordinator, overseeing preparatory activities and the tendering process approved by Karnataka authorities. The project aims to enhance power transfer capacity across the region, supporting renewable energy integration and reducing transmission losses. By creating the SPV, PFCCL positions itself to capture development fees and potentially attract financing for the infrastructure. No external investors or lenders were disclosed, and the announcement was made on 27 July 2026.
Counterparties
- Kushtagi Transmission Limited (Developer)
- PFC Consulting (Parent Company)
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