The Ministry of Power has initiated the bidding process for the establishment of an Inter-State Transmission System (ISTS) under the North-Eastern Region Expansion Scheme-XVI (NERES-XVI). The objective of the ISTS project is to strengthen the transmission network in the North-Eastern Region, including the establishment of new transmission lines, extension/upgradation of existing substations, augmentation of transformation capacity, and reconductoring of transmission lines.
The bidding process will be conducted through Tariff-Based Competitive Bidding (TBCB) and the selected bidder will be responsible for building, owning, operating, and transferring the ISTS. Interested parties can obtain the Request for Proposal (RFP) documents by paying a non-refundable fee of Rs 5 lakh. The RFP can also be downloaded from the website of RECPDCL, but for submission of responses, Rs 5 lakh has to be submitted. The last date to submit the bids is May 31, 2023.
The selected bidder will be chosen through a competitive bidding process and will be responsible for the construction, operation, and maintenance of the ISTS under the BOOT basis. The bidding process will be conducted online to ensure transparency and fairness.
