Ahmedabad-based infrastructure development company Montecarlo has won PFC Consulting’s auction to set up an intrastate transmission system to evacuate 7 GW of solar power from Dharashiv and Beed districts in Maharashtra.

The company quoted annual transmission charges of ₹1.44 billion (~$15.45 million).

The tender was floated in June 2025.

The scope of work includes the establishment, design, engineering, equipment supply, construction, erection, testing, and commissioning of the project on a build-own-operate-and-transfer basis. It also includes the establishment of substations at Washi with significant transformer capacity and associated infrastructure.

Montecarlo must install two 500 MVA, 400/220 kV information and communications technology (ICT)-connected transmission systems and two 300 MVA, 400/132 kV ICT-connected transmission systems. It must also install a 125 MVAR bus reactor at the 400 kV level to support voltage regulation and system stability.

The transmission system will include provisions for future integration of renewable energy. Montecarlo must develop one 220 kV line bay and one 132 kV line bay designed to accommodate connectivity for 16 upcoming solar generation projects.

Recently, PFC Consulting invited bids to establish an interstate transmission system to evacuate 5,500 MW of renewable energy from the Jam Khambhaliya Renewable Energy Zone (Phase II) and 1,000 MW from Jamnagar (Phase I).

In the same month, the company invited bids to establish the 400 kV AIS Hingoli West intrastate transmission system project in Maharashtra. The project will connect with substations at Jalna, Parbhani, and Hingoli.

In December 2025, Montecarlo qualified as one of the qualifiers for the REC Power Development and Consultancy’s auction to set up an intrastate transmission system to establish a 400 kV substation and associated transmission lines in Karnataka’s Belagavi district on a build, own, operate basis.

India has targeted expanding its power transmission network by 137,500 circuit km of lines and 827,600 MVA of substation capacity, at an estimated cost of ₹7.93 trillion (~$84.33 billion), to support 900 GW of non-fossil fuel capacity by the financial year 2035-36, according to the Central Electricity Authority.