The Ministry of Power, Government of India, has initiated the process for selecting a Transmission Service Provider (TSP) for the development of the “Transmission System for Integration of Power from RE Projects in Lakadia REZ in Gujarat-Phase II (7500MW).” The project is aimed at strengthening the transmission infrastructure required for integrating large-scale renewable energy generation in Gujarat and supporting India’s ambitious clean energy goals.
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has been appointed as the Bid Process Coordinator (BPC) for the project. The transmission scheme forms an important part of the government’s plan to achieve 500 GW of non-fossil fuel-based energy capacity by 2030.
The project will facilitate the evacuation and integration of renewable power from the Lakadia Renewable Energy Zone (REZ) in Gujarat. As part of the development, a new 7.5 GW substation at Lakadia-II near Chitrod will be established to accommodate surplus renewable energy capacity in the region. The infrastructure will include 765/400/220 kV systems, installation of synchronous condensers, and the construction of several high-capacity transmission lines.
The proposed transmission network will include 765 kV double circuit lines such as the Lakadia-II–Ahmedabad line and the Lakadia-II–Vataman line. These additions are expected to strengthen grid reliability and support the seamless flow of renewable power from Gujarat to demand centers across the country.
The bidding process includes strict financial and technical qualification requirements for interested developers. Bidders are required to submit an Earnest Money Deposit (EMD) or Bid Bond of Rs. 90.12 Crore. The bid security can be submitted through a Bank Guarantee, Insurance Surety Bond, or a “Payment on Order Instrument” issued by IREDA, REC, or PFC.
The selected bidder will also have to provide a Contract Performance Guarantee of Rs. 225.30 Crore within 10 days from the issuance of the Letter of Intent (LoI). Additionally, bidders must demonstrate a minimum net worth of Rs. 1,802.40 Crore based on unconsolidated audited annual accounts from any of the previous three financial years.
Interested participants are required to purchase the Request for Proposal (RFP) document by paying a non-refundable fee of Rs. 5 lakh plus applicable GST, or US$ 7,000 for international bidders.
According to the announced schedule, the RFP was issued on May 4, 2026, while the pre-bid meeting is set for May 28, 2026. The last date for bid submission is July 6, 2026, followed by the opening of technical bids on the same day. The financial bids will be opened on July 15, 2026, and an electronic reverse auction will take place on July 16, 2026. The successful bidder is expected to receive the Letter of Intent by July 24, 2026, while project documents are scheduled to be signed on August 3, 2026.
The project is planned to be completed within 36 months from the date of transfer of the Special Purpose Vehicle (SPV). The selected TSP will develop the project under the Build, Own, Operate, and Transfer (BOOT) model and will be responsible for ownership, financing, operation, and maintenance of the transmission system for a period of 35 years.
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