PFC Consulting Tenders Transmission Project for 765 kV Substations in Rajasthan

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has issued a global invitation for bids to select a Transmission Service Provider (TSP) for intra-state transmission projects in Rajasthan. Acting as the Bid Process Coordinator for the Energy Department, Government of Rajasthan, PFCCL is managing the procurement process on a Build, Own, Operate, and Transfer (BOOT) basis. The deadline for bid submissions for the 765 kV schemes is September 25, 2026.

Project Scope and Technical Specifications

The tender involves the development of high-voltage infrastructure designed to integrate renewable energy into the state grid. The technical requirements include:

• Primary Schemes: The procurement is split into two distinct projects:
  1. 765 kV GSS Bikaner (Pugal) and its associated transmission system.
  2. 765 kV GSS Babai and its associated transmission system.
• Babai Substation Specifications: The project requires the establishment of a 765/400/220 kV Air Insulated Substation (AIS) at Babai. This facility will include 2×1500 MVA 765/400 kV and 2×500 MVA 400/220 kV transformers. While primarily an AIS facility, the project scope specifies the integration of Gas Insulated Substation (GSS) technology for particular components. Technical requirements also mandate the installation of switchable bus reactors and line reactors.
• Associated Transmission Lines: The planned network for the Babai scheme includes:
  • 765 kV double-circuit Babai–Alwar line.
  • 400 kV double-circuit Babai–Amber line.
  • 400 kV Babai–Babai line.
  • 220 kV double-circuit Babai–Beri Bhajangarh line.
  • LILO of the 220 kV Chirawa–Khetri transmission line.
• Project Completion: The selected TSP must achieve commercial operation within a 30-month mandatory timeline from the effective date.

Financial Requirements and Eligibility Criteria

Interested bidders must demonstrate the following financial capacities and meet the non-refundable document fees:

Bidding Schedule and Procedures

The procurement process will follow a single-stage, two-envelope structure according to the following milestones:

• Document Availability: July 22, 2026, to September 24, 2026.
• Clarification Deadline: August 11, 2026.
• Pre-bid Meeting: August 18, 2026.
• Issuance of Query Responses: August 31, 2026.
• Release of Final Project Documents: September 10, 2026.
• Response Submission Deadline: September 25, 2026, by 15:00 IST.
• Technical Bid Opening (Bikaner Scheme): September 25, 2026, at 15:30 IST.
• Technical Bid Opening (Babai Scheme): September 25, 2026, at 15:45 IST.
• Announcement of Shortlisted Bidders: October 5, 2026.
• Electronic Reverse Auction: October 7, 2026.
• Issuance of Letter of Intent (LOI): October 15, 2026.
• SPV Transfer: Transfer of 100% equity in the Special Purpose Vehicle (SPV), Babai Transmission Limited, scheduled for October 26, 2026.

Strategic Context

The development of these assets is aligned with state and national energy objectives:

• Green Energy Corridor: These projects are designated as part of the Green Energy Corridor Phase III.
• Grid Strengthening: The primary objective is the evacuation of approximately 5,760 MW of renewable energy from western Rajasthan to stabilize the regional grid.
• Regional Demand: The projects are intended to meet increasing load requirements in the Babai, Jhunjhunu, Sikar, and Jaipur regions.
• Long-term Concession: The transmission assets will be transferred to the State Transmission Utility after a 35-year concession period at zero cost and free from all encumbrances.

Official Bidding & Tender Portals

• PFC Consulting Limited Official Website You can access the official RfP notifications, tender updates, and future clarifications directly on the PFC Consulting Limited Portal.
• MSTC e-Procurement Bidding Platform Since the entire competitive bidding process is being conducted online, prospective bidders must register and download the detailed Request for Proposal (RfP) documents via the MSTC e-Procurement TSP Portal.