Bid process coordinator PFC Consulting Ltd (PFCCL) has recently shortlisted bidders for opening of initial price bids relating to an interregional transmission scheme.
Seven contenders have qualified, based on their technical bids, for opening of initial price bids. These include: Power Grid Corporation of India Ltd (PGCIL); Resonia Ltd, Adani Energy Solutions Ltd, Enerica Infra 1 Pvt Ltd (a subsidiary of IndiGrid), Dineshchandra R Agrawal Infracon Pvt Ltd (DRAIPL), KCC Buildcon Pvt Ltd and HG Infra Engineering Ltd.
The scheme is termed as “Interregional (NR-WR) transmission system strengthening to relieve the loading of 765kV Vindhyachal-Varanasi D/C line” and has been housed under a project SPV “Vindhyachal Varanasi Transmission Ltd” that is currently a wholly-owned subsidiary of PFCCL.
With an anticipated cost of Rs.2,368 crore and a completion period of 24 months, the scheme essentially involves building a new 765kV AIS substation at Prayagraj in Uttar Pradesh, and connecting the same to the existing Vindhyachal Pooling Station in Madhya Pradesh, via a 765kV double-circuit line running 220 km. Some existing 765kV lines such as Fatehpur-Varanasi and Fatehpur-Sasaram will also be LILOed at the upcoming Prayagraj substation. The basic objective of the scheme is to create a new source for interregional transfer between the Northern Region (NR) and Western Region (WR), which would be the Prayagraj substation. (More details are available in this T&D India story dated March 6, 2025)
Shortlisted bidders for HVDC scheme
The first four bidders of the seven mentioned above have also recently qualified for opening of initial price bids of an ISTS-TBCB scheme involving HVDC-based transmission infrastructure. (Read T&D India story dated September 9, 2025)
Six schemes pending formal transfer
According to an analysis by T&D India, a total of five ISTS schemes have so far been formally transferred to winning developers, selected under the tariff-based competitive bidding (TBCB) modality. Another six ISTS-TBCB schemes are expected to follow suit in the coming weeks. Here is a summary:
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