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PFC Consulting Floats Tender to Evacuate 7 GW of Solar Power from Maharashtra

PFC Consulting, a wholly owned subsidiary of Power Finance Corporation, has issued a tender inviting bids for the development of an interstate transmission system (ISTS) to evacuate 7 GW of solar power from the Dharashiv and Beed districts of Maharashtra. The deadline for bid submission is August 1, 2025, with the opening of bids scheduled for the same day.

Interested developers are required to submit a bid security of Rs11.14 crore and furnish a contract performance guarantee of Rs27.85 crore. The cost of the bid document has been set at Rs500,000.

Project Scope and Technical Specifications

The scope of the project includes setting up new substations in Washi, which will consist of:

• Two 500 MVA, 400/220 kV ICT-connected systems
• Two 300 MVA, 400/132 kV ICT-connected systems
• A 125 megavolt-ampere reactive (MVAR) bus reactor at the 400 kV level

Additionally, the contractor must develop one 220 kV and one 132 kV line bay to support 16 future solar generators.

This initiative comes in response to project development requests submitted to the Central

Transmission Utility (CTU) for evacuation infrastructure for upcoming solar projects in Aurangabad and Osmanabad.

To channel the generated power towards high-demand areas like Pune and Mumbai, a new 400 kV pooling station at Washi is also in the pipeline.

Execution and Developer Responsibilities

The project will be implemented on a build, own, operate, and transfer (BOOT) basis. Successful bidders will be responsible for the full lifecycle of the project, including:

• Design, engineering, supply, construction, testing, and commissioning
• Operation and maintenance of the transmission system
• Conducting surveys and preparing detailed project reports
• Securing financing and obtaining all required permits and consents
• Managing land acquisition and compensation processes

Eligibility Criteria

To qualify, bidders must demonstrate experience in executing infrastructure projects with:

• A cumulative capital expenditure of at least Rs557 crore over the past five years, with each project involving a minimum of Rs111 crore
• A cumulative payment receipt of Rs557 crore over five years, with no single project contributing less than Rs111 crore

Additionally, bidders must have a net worth of at least Rs250 crore.