The Tripura State Electricity Corporation Limited (TSECL) has issued an open tender to appoint an Independent Verification Agency (IVA) tasked with evaluating and validating Disbursement-Linked Indicators (DLIs) under the Asian Development Bank (ADB)-backed ‘Transforming Renewable Energy Acceleration in Tripura’ (TREAT) program. Issued under tender reference details AGMDPnC/TSECL26-27TREAT/IVA/31 and Tender ID 2026_POWER_77066_1, the consultancy contract carries an estimated tender value of ₹2.73 Crore (₹2,73,41,000) with an execution period of 900 days. Originally slated for an initial bid submission deadline of October 12, 2026, the timeline for bid submission has been formally extended to October 16, 2026, following the release of Corrigendum 1.
Scope of Work for the Independent Verification Agency (IVA)
The selected Independent Verification Agency will act as an independent third-party entity responsible for reviewing, validating, and confirming the achievement of DLIs reported by the Program Coordination Unit (PCU). The technical duties and operational verification protocols required of the IVA encompass:
- Reviewing baseline datasets, current-year performance reports, progress documentation, and supporting administrative databases.
- Validating mathematical calculations, including percentage increases, numerator values, and denominator baselines across utility infrastructure and performance metrics.
- Cross-checking primary records across institutional management information systems (MIS).
- Reconciling operational datasets using unique identifiers (such as smart meter serial numbers, consumer IDs, solar rooftop registration numbers under PM Surya Ghar, or substation feeder identifiers) to prevent double counting across reporting years and infrastructure sites.
- Conducting sample-based physical and site verifications, adhering to a minimum 10% sampling threshold across representative utility assets, distribution networks, and renewable project installations.
- Submitting formal verification reports directly to TSECL, designated executing agencies, and the ADB within defined timeframes, typically within one month of receiving the DLI achievement report from the PCU.
Framework for Disbursement-Linked Indicators (DLIs)
Under the ADB’s Results-Based Lending (RBL) modality, financial disbursements are directly tied to verified achievements against predefined baseline values and target performance milestones rather than routine expense reimbursements. The operational mechanics governing DLI verification and funding releases are structured as follows:
| DLI Component | Measurement & Target Structure | Disbursement Rule & Threshold |
| Target Verification | Annual and cumulative progress evaluated against established baseline datasets using defined mathematical ratios, consumer data, and energy sector metrics. | Full disbursement is triggered upon 100% achievement of the verified target milestone. |
| Disbursement Conditions | Verification of current performance against target metrics across participating administrative entities, distribution circles, and utility databases. | Partial disbursement is permitted for designated DLIs meeting minimum performance thresholds (typically ≥60% of the target), paid proportionally based on verified achievement. |
| Gender & Inclusivity Conditions | Systematic tracking of sex-disaggregated data and gender inclusion milestones, including female Self-Help Group (SHG) participation in clean energy initiatives under the Tripura Rural Livelihood Mission and gender-inclusive utility workplace practices. | Full disbursement requires meeting explicit gender inclusion thresholds separately across program activities and technical workforce targets. |
Background on the ADB-Backed TREAT Program and Energy Sector Context
Financial and Strategic Framework
The TREAT program aligns with the ADB’s 6Ds Clean Energy Road Map (2025–2035) for Tripura. This strategic framework estimates approximately $3 billion in total energy sector investments required across six key priorities: decarbonization, diversification, decentralization, digitalization, durability, and democratization. Within this $3 billion pipeline, asset-class allocations specifically comprise $800 million for distribution grid strengthening, $600 million for pumped-storage hydropower (up to 400 MW), $450 million for transmission infrastructure, $430 million for solar power projects, and $220 million for grid-scale battery energy storage systems (BESS).
Capacity Targets and Growth Metrics
To meet expanding demand and modernize sector infrastructure, the state road map targets the development of 1,000 MW of renewable generation capacity and 1,000 MWh of battery energy storage by 2035. These additions aim to enable renewables to supply at least 50% of Tripura’s electricity needs. Intrastate peak electricity demand is projected to rise from current levels to approximately 525 MW by FY2030 and 730 MW by FY2035. When potential regional and cross-border electricity exports are included, total demand is expected to reach 820 MW in 2030 and 1,630 MW in 2035. In 2024, Tripura’s per-capita electricity consumption stood at approximately 400 kWh, compared to the national average of about 1,395 kWh.
Prior ADB Commitments
The TREAT program builds upon previous ADB infrastructural engagements in the state. In January 2023, the ADB and the Government of India signed a $220 million loan agreement for the Tripura Power Distribution Strengthening and Generation Efficiency Improvement Project. That project funded the replacement of the inefficient Rokhia power plant with a high-efficiency combined cycle gas turbine, the installation of smart meters, distribution grid modernization, and socio-economic support for at least 15 women SHGs under the Tripura Rural Livelihood Mission.
Bidding Requirements, Financial Criteria, and Submission Guidelines
| Parameter | Administrative Specification |
| Issuing Authority | Chairman cum MD, TSECL; AGM (DPnC), Bidyut Bhaban, North Banamalipur, Agartala, Tripura (799001) |
| Tender ID & Reference | 2026_POWER_77066_1 / AGMDPnC/TSECL26-27TREAT/IVA/31 |
| Estimated Tender Value | ₹2,73,41,000 (₹2.73 Crore) |
| Tender Fee | ₹25,000 (Non-refundable) |
| Earnest Money Deposit (EMD) | ₹5,50,000 (Fixed) |
| Tender Structure | Two-cover open tender process for consultancy services |
| Bid Validity | 180 days |
| Document Download Start Date | September 22, 2026 at 03:15 PM |
| Pre-Bid Meeting | September 30, 2026 at 11:00 AM |
| Original Bid Submission Deadline | October 12, 2026 at 11:00 AM |
| Extended Bid Submission Deadline (Corrigendum 1) | October 16, 2026 at 11:45 AM |
| Bid Opening Date (Extended) | October 16, 2026 at 04:00 PM (originally October 12, 2026 at 03:30 PM) |
Official Tender Link & Access Details
Interested bidders and stakeholders can access the official bidding documents and track the tender process through the following details:
- Official Executing Agency Portal: Tripura State Electricity Corporation Limited (TSECL)
- Tender Reference Number:
AGMDPnC/TSECL26-27TREAT/IVA/31 - Tender ID:
2026_POWER_77066_1 - Official Tender Title: Appointment Of Independent Verification Agency For Verification Of Disbursement Linked Indicators (DLIs) under Transforming Renewable Energy Acceleration In Tripura Program Financed By Asian Development Bank Through Result Based Lending Modality
Bidding Instructions: To view and download the official tender notice, technical specifications, and corrigenda, visit the TSECL Official Portal or the government e-procurement portal and search using Tender ID: 2026_POWER_77066_1 or Ref No: AGMDPnC/TSECL26-27TREAT/IVA/31.

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