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					</table><p>PFC Consulting Limited (<a href="https://www.pfcclindia.com/" target="_blank" rel="noopener">PFCCL</a>) has invited bids to build an inter-state transmission system (ISTS) for the evacuation of power from Rajasthan renewable energy zones (REZ) on a build, own, operate, and transfer (BOOT) basis.</p>
<p>These zones are Ph-IV (Part- 1) (Bikaner Complex): PART-C and PART-D.</p>
<p>The last date for the submission of bids is May 8, 2023. Bids will be opened on the same day.</p>
<p>The scope of the work includes building 765/400/220kV Bikaner-III and 765/400kV Neemrana-II substations and interconnections between Bikaner-III PS and Bikaner (PG)/Bikaner-II PS through 400kV lines.</p>
<p>Additionally, a 765kV high-capacity corridor, namely Bikaner-III-Neemrana-II-Bareilly (PG), and 400kV interconnections with Gurgaon (PG), Sohna Road, and Kotputli has be implemented for further dispersal of power from Bikaner-III PS.</p>
<p>Bidders must obtain the tender documents by paying a non-refundable fee of ₹500,000 (~$6,068) plus 18% GST.</p>
<p>They must furnish ₹280 million (~$3.3 million) as an earnest money deposit.</p>
<p>The successful bidder will have to furnish a performance bank guarantee of ₹420 million (~$5 million). The performance guarantee will be valid for up to three months after the scheduled commercial operation date of the project.</p>
<p>The bidder should have a transmission license from the regulator.</p>
<p>The successful bidder, who will acquire 100% equity shares of a special purpose vehicle, will be responsible for owning, financing, developing, designing, engineering, procuring, constructing, commissioning, operating, and maintaining the project, as well as providing transmission service.</p>
<p>Bidders should quote the transmission charges according to the pre-specified structure mentioned in the tender documents.</p>
<p>They must either be a company incorporated under the relevant laws or a consortium of companies, with one of the companies acting as the lead member of the bidding consortium.</p>
<p>Further, bidders must either have experience in developing infrastructure sector projects with an aggregate capital expenditure or should have received aggregate payments of no less than ₹14 billion (~$169 million) in the past five years, but with each project&#8217;s capital expenditure being no less than ₹2.8 billion (~$34 million).</p>
<p>Bidders should have a net worth of not less than ₹5.6 billion (~$67.9 million) in any of the last three financial years. Their net worth in any of the past three financial years should not be negative.</p>
<p>In November 2022, PFC Consulting <a href="https://www.mercomindia.com/bids-ists-projects-western-region-expansion-plan" target="_blank" rel="noopener">invited</a> bids to set up ISTS projects under the Western Region Expansion Program on a build, own, operate, and transfer basis.</p>
<p>Earlier, PFC Consulting had <a href="https://mercomindia.com/bids-interstate-transmission-system-evacuate-40-gw-renewables/" target="_blank" rel="noopener">invited</a> bids to develop an ISTS network to evacuate 20 GW of power from the renewable energy zone in Rajasthan under Phase-III, Part-A1.</p>
<p>Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of the real-time tender activity.</p>


PFC Invites Bids to Evacuate Renewable Energy from Rajasthan

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