REC Power Development and Consultancy (RECPCDL), a wholly owned subsidiary of REC Limited, has issued a request for proposal (RfP) to establish an inter-state transmission system (ISTS) for the evacuation of 4 GW of power from the Renewable Energy Zone Phase V (Sirohi-Nagaur Complex) in Rajasthan.

The last date to submit the bids is November 29, 2024. Bids will be opened on the same day.

Bidders must submit a non-refundable fee of ₹500,000 (~$7,000).

The selected bidder must establish, operate, and maintain the project on a build, own, operate, and transfer basis.

The scope covers a survey, detailed project report formulation, arranging finance, project management, consents, clearances, permits, land compensation, design, engineering, equipment, material, construction, erection, testing, and commissioning.

The transmission service provider must also ensure that all equipment, facilities, components, and systems are designed, constructed, and tested per the Transmission Service Agreement and applicable Rules, Regulations, Orders, and Guidelines.

Bidders should have developed infrastructure projects with aggregate capital expenditure of not less than ₹26.2 billion (~$313.15 million). However, the capital expenditure of each project must not be less than ₹5.24 billion (~$62.63 million). It should have received aggregate payments of not less than ₹26.2 billion (~$313.15 million).

The bidders’ net worth should not be less than ₹10.48 billion (~$125.26 million).

RECPDCL recently invited bids to set up an ISTS to evacuate up to 3.5 GW of renewable energy from Lakadia in Gujarat.

In April, RECPDCL floated a tender to set up 223 MW(ISTS)-connected solar power projects. The projects will be developed under the program for flexibility in generating and scheduling thermal or hydropower stations through bundling with renewable energy and storage.

PFC Consulting also floated an RfP to select a transmission service provider to establish an Inter-state Transmission System (ISTS) at Kurnool-III PS, Andhra Pradesh.