REC Power Development and Consultancy (RECPDCL) has invited bids to establish an intra-state transmission system (ISTS) to evacuate power from the proposed 2,000 MW pumped-storage project at the Sharavathi complex in Karnataka.

The project will cover multiple locations, including Sharavathi, Guttur in the Davangere district, and Talaguppa in Karnataka.

Bids must be submitted by May 15, 2026. Bids will be opened on the same day.

Bidders must furnish an earnest money deposit of ₹237.7 million (~$2.55 million) and a tender fee of ₹500,000 (~$5,370).

Successful bidders must submit a contract performance guarantee of ₹594.3 million (~$6.38 million) within 10 days of the issuance of the letter of intent.

The scope of work includes the establishment of a 400 kV switching station at Guttur, development of 400 kV double-circuit transmission lines using Quad Moose conductors, transformer augmentation works at Talaguppa, and strengthening of existing 400 kV and 220 kV transmission lines. It also includes underground cable conversion and associated infrastructure.

The selected transmission service provider will execute the project under a build, own, operate, and transfer model, with an overall transfer timeline of 35 years, which includes the operations and maintenance period.

Bidders must have experience in developing infrastructure with an aggregate capital expenditure of at least ₹11.8 billion (~$127.63 million) within the last five years, and each individual project must have a minimum value of ₹2.37 billion (~$25.53 million).

Alternatively, they can qualify based on construction experience, having received aggregate payments of at least ₹11.8 billion (~$127.63 million) from completed infrastructure projects over the last five financial years, with a minimum of ₹2.37 billion (~$25.53 million) received per project.

Bidders must have a minimum net worth of ₹4.75 billion (~$51.05 million) for any of the last three financial years preceding the bid deadline.

Recently, RECPDCL issued a request for proposal to set up an ISTS to evacuate power from a 2,000 MW solar park at Ryapte, in Karnataka’s Tumkur district.

In February this year, RECPDCL invited bids to set up an ISTS to evacuate power from 5 GW of green hydrogen/ammonia projects in Visakhapatnam, Andhra Pradesh.