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PFC Floats ISTS Tender to Evacuate 1,500 MW Renewable Energy from Solapur

PFC Consulting Limited, a wholly-owned subsidiary of Power Finance Corporation Ltd. has floated a tender for the development of an Interstate Transmission System (ISTS) for evacuating 1,500 MW Renewable Energy (RE) from Special Economic Zone (SEZ) in Solapur, Maharashtra. This project will be developed on Build, Own, Operate, and Transfer (BOOT) basis.

Successful bidder will be selected through Tariff Based Competitive Bidding (TBCB) for this project. A completion period of 24 months, from the date of signing the transmission service agreement has been specified in the tender.

Last date to submit bids for this tender is 28th August 2023.