Power Finance Corporation’s (PFC) wholly owned subsidiary -- PFC Consulting has incorporated Special Purpose Vehicle (SPV) as its wholly owned subsidiary (WOS) namely ‘Wahipora and Sallar Transmission' for ‘Construction of Grid Sub Station at Wahipora and Sallar, Kashmir and allied transmission system, Laying of downstream transmission network from upcoming 400/220 kV Grid Sub-Station Siot, Rajouri (ISTS) & Construction of 220 kV Grid Sub Station at Bhagthali, Kathua along with new 220 Kv line/ LILO Line tapping from existing 220 kV S/C Saran-Hiranagar Line’.

This SPV will be transferred to the successful bidder after the completion of the bidding process. The successful bidder selected through the bidding process would develop the project.

Power Finance Corporation is central PSU under Ministry of Power and India's leading NBFC.