As many as eight bidders have qualified for an interstate transmission system (ISTS) scheme in Madhya Pradesh, which is being awarded under the tariff-based competitive bidding (TBCB) route.
Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified eight bidders based on the RfP (technical bids) for an ISTS scheme termed as “Transmission system for evacuation of power from RE projects in Rajgarh (1,000 MW) SEZ in Madhya Pradesh-Phase II”.
The technically qualified bidders are:
- Adani Energy Solutions Ltd
- Apraava Energy Pvt Ltd
- GR Infraprojects Ltd
- India Grid Trust [Consortium of IndiGrid 2 Ltd (70%) and IndiGrid 1 Ltd (30%)]
- Montecarlo Ltd
- Power Grid Corporation of India Ltd
- Sterlite Power
- Torrent Power
The bidder selection process will now move to submission of price bids, potentially followed by the e-reverse auction.
Of the eight bidders listed above, six have already won at least one interstate transmission scheme under the TBCB route. On the other hand, for Montecarlo and Torrent Power, if selected, this would be their first such win.
Project SPV
The subject transmission scheme has been housed under project SPV “Pachora Transmission Ltd.” This entity is currently a wholly-owned subsidiary of PFCCL and will be transferred to the successful developer selected under the TBCB modality.
Implementation period
The scheme is envisaged for completion in 24 months from the date of transfer of project SPV to the successful bidder.
Project Objective
A total of 2.5 GW of renewable energy (RE) potential has been identified in Madhya Pradesh. The evacuation system for this has been planned in two phases. In the first phase, systems corresponding to 1.5 GW are being developed, mainly involving setting up of the Pachora Pooling Station (3×500 MVA) and the 400kV double-circuit Pachora-Bhopal line. This project is currently under implementation through “Rajgarh Transmission Ltd.” Incidentally, this project, which was scheduled to commission by November 2023, is running behind schedule.
The present scheme envisaged under “Pachora Transmission Ltd” caters to evacuation of 1,000 mw (or 1 GW) under the second phase. In this project, transformation capacity at the Pachora PS will be augmented by 3×500 MVA through the addition of three 400/220kV ICTs, which will be the fourth, fifth and sixth at the pooling station. A 400kV double-circuit line from Pachora PS to Ujjain substation of MPPTCL (Madhya Pradesh Power Transmission Company Ltd) is also envisaged.
Also read: Three ISTS Schemes Worth Rs.6,000 Crore Recommended For Clearance
Featured photograph (source: MPPTCL) is for representation only.
