PFC Consulting Limited (PFCCL) has issued a Request for Proposal (RFP) to select a Transmission Service Provider (TSP) for an important inter-state transmission project. PFCCL is acting as the Bid Process Coordinator for the project titled “Transmission System for Integration of Ananthapuram-III PS REZ-Phase-I (3 GW).” The project will be developed on a build, own, operate, and transfer (BOOT) basis and aims to strengthen the transmission network for renewable energy integration.
The project mainly focuses on setting up the Ananthapuram III Pooling Station. This station will have high-capacity transformers, including 3×1500 MVA, 765/400 kV transformers and 7×500 MVA, 400/220 kV interconnecting transformers (ICTs). It will also include associated reactors and bays to support smooth power evacuation. In addition to the pooling station, the scope of work includes the construction of the Ananthapuram-III – Krishnagiri 765 kV double circuit transmission line. This transmission line is considered crucial for integrating renewable energy zones in the region and enabling efficient power transfer across states.
The selected TSP will be required to complete the entire project within 36 months from the effective date. The bidding process will follow a single-stage, two-envelope system and will be conducted completely through an electronic platform. First, technical bids will be evaluated. Only technically qualified bidders will move to the financial stage. The financial bidding will be held in two rounds and will include an e-reverse auction to ensure competitive pricing.
Interested bidders must purchase the RFP document by paying a non-refundable fee of Rs. 5,00,000 plus 18 percent GST. The RFP issuance period is from February 27, 2026, to May 03, 2026. The last date to purchase the RFP document is May 03, 2026. The deadline for online bid submission is May 04, 2026, by 3:00 PM IST. The technical bids will be opened on the same day at 3:30 PM IST.
Bidders must submit an Earnest Money Deposit in the form of a Bid Bond amounting to Rs. 31.90 crore. This can be provided as a bank guarantee, an insurance surety bond, or a “Payment on Order” instrument issued by financial institutions such as PFC, REC, or IREDA. The successful bidder will also need to provide a Contract Performance Guarantee. This guarantee must remain valid until three months after the project’s Commercial Operation Date. The selected bidder will acquire 100 percent equity in a Special Purpose Vehicle that is currently under incorporation for this project.
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