| Description |
SINGLE STAGE REQUEST FOR PROPOSAL DOCUMENT
FOR
SELECTION OF BIDDER AS TRANSMISSION SERVICE PROVIDER
THROUGH TARIFF BASED COMPETITIVE BIDDING PROCESS
TO
ESTABLISH INTER-STATE TRANSMISSION SYSTEM
FOR
Transmission System under ISTS for evacuation of power
from Kudankulam Unit - 3 and 4 (2x1000 MW)
ISSUED BY
Registered Office:
1st Floor, “Urjanidhi”, 1, Barakhamba Lane,
Connaught Place, New Delhi-110001
REQUEST FOR PROPOSAL NOTIFICATION
PFC Consulting Limited
(A wholly owned subsidiary of Power Finance Corporation Limited)
Corporate Office:
9
th Floor, A-Wing, Statesman House
Connaught Place, New Delhi-110001
1. The Government of India, Ministry of Power, vide its notification No. CG-DL-E-15032024-
253080 dated March 15, 2024 has notified PFC Consulting Limited (PFCCL) to be the Bid
Process Coordinator (BPC) for the purpose of selection of Bidder as Transmission Service
Provider (TSP) to establish Inter-State transmission system for “Transmission System under
ISTS for evacuation of power from Kudankulam Unit - 3 and 4 (2x1000 MW)” through tariff
based competitive bidding process.
2. PFC Consulting Limited (PFCCL) (hereinafter referred to as BPC) hereby invites all
prospective Bidders for issue of Request for Proposal (RFP) for selection of Bidder as
Transmission Service Provider (TSP) on the basis of international competitive bidding in
accordance with the “Tariff Based Competitive Bidding Guidelines for Transmission Service”
and “Guidelines for Encouraging Competition in Development of Transmission Projects”
issued by Government of India, Ministry of Power under section – 63 of The Electricity Act,
2003 and as amended from time to time. The responsibility of the TSP would be to establish
the following Inter-State Transmission System – “Transmission System under ISTS for
evacuation of power from Kudankulam Unit - 3 and 4 (2x1000 MW)” (hereinafter referred
to as 'Project’) on build, own, operate and transfer basis and to provide transmission service:
S. No
Transmission System under ISTS for evacuation of power from Kudankulam
Unit - 3 and 4 (2x1000 MW)
Name of Transmission Element Scheduled COD in months
from Effective Date
1. KNPP 3and4 – Tuticorin-II GIS PS 400 kV
(quad) D/C line
400 kV GIS line terminal equipment at
Tuticorin-II GIS – 2 nos.
30 months (Dec 2026)
Note:
Line and GIS terminal equipment at Tuticorin-II GIS under ISTS scope and bays at KNPP
under NPCIL scope
3. 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.
4. Transmission License: The TSP shall obtain the Transmission License from the Commission.
5. Bidding Process: The Transmission Service Provider shall be selected through tariff based
competitive bidding process for the Project based on meeting stipulated Qualification
RFP for Selection of Bidder as Transmission Service Provider
PFC Consulting Limited 4
Requirements prescribed in Clause 2.1 of Section 2 of RFP and the lowest Quoted
Transmission Charges discovered from Final Offers quoted during the e-reverse bidding. The
selection of the TSP shall be subject to it obtaining Transmission License from the
Commission, which, after expiry, may be further extended by such period as deemed
appropriate by the Commission under powers vested with it to amend the conditions of the
Transmission License.
The entire bidding process shall be conducted on electronic platform created by MSTC
Limited.
The Bid shall be a single stage two envelope bid comprising the Technical Bid and the
Financial Bid. The Bidders shall submit the Bid online through the electronic bidding
platform. In addition to the online submission, the Bidder with lowest Final Offer will be
required to submit original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure
6 (if applicable) and Annexure 14 before issuance of LoI. There shall be no physical
submission of the Financial Bid.
The Technical Bid shall be opened first and the Financial Bid of only the bidder who have
qualified in the Technical Bid shall be opened. The Financial Bid will comprise of two rounds.
In the first round the Initial Offer of the responsive bids would be opened and Quoted
Transmission Charges of Initial Offer shall be ranked on the basis of ascending order. The
Bidders, in the first fifty per cent of the ranking (with any fraction rounded off to higher
integer) or four Bidders, whichever is higher, shall qualify for participating in the electronic
reverse auction stage and submit their Final Offer.
6. The objective of the bidding process is to select a Successful Bidder pursuant to this RFP,
who shall acquire one hundred percent (100%) of the equity shares of SPV [which is under
incorporation] along with all its related assets and liabilities as per the provisions of the
Share Purchase Agreement, at the Acquisition Price to be intimated by the BPC, twenty (20)
days prior to the Bid Deadline.
The SPV [which is under incorporation], of which one hundred percent (100%) equity shares
will be acquired by the Selected Bidder, shall be responsible as the TSP, for ensuring that it
undertakes ownership, financing, development, design, engineering, procurement,
construction, commissioning, operation and maintenance of the Project, and to provide
Transmission Service as per the terms of the RFP Project Documents.
The TSP shall ensure transfer of all project assets along with substation land, right of way
and clearances to CTU or its |