REC Power Development and Consultancy (RECPDCL) has invited bids for developing an interstate transmission system (ISTS) to evacuate 2,500 MW of renewable energy in Madhya Pradesh.

The project aims to facilitate power evacuation from renewable energy projects located in the Rajgarh SEZ (Phase III) with a capacity of 1,500 MW and the Neemuch SEZ (Phase II) with a capacity of 1,000 MW.

Bids must be submitted by May 28, 2025. Bids will be opened on the same day.

Bidders must furnish an earnest money deposit of ₹337.6 million (~$3.92 million) and a bid document fee of ₹500,000 (~$5,812) plus 18% GST.

The scope of work includes setting up 220 kV and 400 kV substations at various locations, installing 400/220 kV and 3x 500 MVA transformers at Pachora and Neemuch, and developing switchable line reactors at both ends of the major transmission lines.

Selected bidders must integrate a loop-in-loop-out connection into the existing transmission network. They must also establish the 400/220 kV Handiya substation.

They must commission the project within 24 months of the award.

Bidders must have developed projects with a total capital expenditure of ₹16.88 billion (~$196.17 million) over the last five years, with at least one project worth ₹3.376 billion (~$39.23 million). Only projects commissioned at least seven days before the bid deadline will be considered.

Bidders must have a minimum net worth of ₹6.752 billion (~$78.46 million), computed using the audited annual accounts of any of the last three financial years before the bid submission deadline. They must not have a negative net worth in any of these years.

In December 2024, RECPDCL invited bids for the engineering, procurement, and construction of a 1 MW grid-connected ground-mounted solar photovoltaic project in Haryana.

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