PFC Consulting Invites Bids to Evacuate 2 GW of Renewable Energy in Maharashtra
The last date to submit the bids is October 13, 2025
August 11, 2025
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PFC Consulting has issued a request for proposal (RfP) to establish an intrastate transmission system to enhance power evacuation capacity by 1.5 to 2 GW from the renewable energy-rich areas of Wagdari, Akkalkot, and South Solapur in Maharashtra.
Bids must be submitted by October 13, 2025. The bids will be opened on the same day.
Bidders must submit a document fee of ₹500,000 (~$5,813.95) plus 18% GST, and a bid bond of ₹140.8 million (~$1.64 million). The successful bidder must submit a performance bank guarantee of ₹352 million (~$4.09 million).
The tender will be implemented on a build, own, operate, and transfer basis, with the selected bidder acquiring 100% equity in Wagdari Transmission, a special purpose vehicle set up for the project.
The project, located in Wagdari, will connect to 765 kV Pune (East), 400 kV Solapur Pooling Station (Power Grid), the proposed 220 kV AIS Wagdari, and the existing 220 kV AIS Narangwadi.
The scope of work includes the construction of the AIS Wagdari substation with three 500 MVA, 400/220 kV, one 125 MVAr bus reactor at 400 kV, and associated line bays.
It also covers 400 kV double circuit lines to 765 kV Pune (East) and 400 kV Solapur Pooling Station, 220 kV lines to AIS Wagdari and AIS Narangwadi, and renewable integration bays for solar generators.
Successful bidders will be responsible for the survey, design, engineering, procurement and construction, commissioning, operation, and maintenance (O&M) clearances, and land acquisition.
The project must be commissioned within 24 months, with an O&M period until transfer of assets to Maharashtra State Transmission Utility or the state government after 35 years from the commercial operation date.
Bidders must have project experience in the last five years with aggregate capital expenditure or payments of at least ₹7.04 billion (~$81.86 million), with each project valued at a minimum of ₹1.40 billion (~$16.28 million).
Bidders must have a net worth of at least ₹2.81 billion (~$32.67 million) in any of the last three financial years.
Recently, PFC Consulting invited bids to augment the interstate transmission system to evacuate 7 GW of solar power from Dharashiv, Beed district, Maharashtra.
In May this year, PFC Consulting invited bids to establish an interstate transmission system to evacuate 3 GW from Kurnool IV Renewable Energy Zone Phase II, Andhra Pradesh.