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PFCCL Issues RFP for Selection of Bidder as TSP to Evacuate 40 GW of Renewable Power

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PFC Consulting Limited (PFCCL) a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Schedule-A, Maha-Ratna Public Sector Enterprise has invited two separate RFP’s for Selection of Bidder as Transmission Service Provider (TSP) through tariff based competitive bidding process to establish inter-state transmission system (ISTS) for evacuation of 20 GW power each from renewable energy zone (REZ) in rajasthan under phase III–Part A1 and Part A3.

PFC has been providing Consultancy services to Power sector through its Consultancy Services Group (CSG).

Last Date for submission of response to RFP of Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under phase III –Part A1 is 18/04/2022 up to 15:00 hrs (IST) and For Part A3 is 18/04/2022 up to 16:00 hrs (IST). Both the bids will be open on the same day.

The projects will be developed on a build, own, operate and transfer basis. The TSP shall ensure that design, construction and testing of all equipment, facilities, components and systems of the Project shall be in accordance with the provisions of the Transmission Service Agreement and applicable Rules/ Regulations, Orders and Guidelines issued by the Central Government and the TSP shall obtain the Transmission License from the Commission.

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Both the projects must be completed within 18 months from the effective date.

For Part A1 the bidders has to pay unconditional and irrevocable bank guarantee for Rupees Four Crore Forty Lakh Only (Rs. 4.40 Crore), to be submitted along with the Technical Bid. The Bid Bond shall mean the unconditional and irrevocable bank guarantee of Rupees Eight Crore Only (Rs.8 Crore), for Part A3.

For more details refer document: Part A1

Refer document: Part A3

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