RECPDCL Invites Bids to Build ISTS for Vizag's Green Hydrogen and Ammonia Projects

REC Power Development and Consultancy Ltd. (RECPDCL) has invited bids for the development of an Inter-State Transmission System to support proposed Green Hydrogen and Green Ammonia projects in the Vizag area of Andhra Pradesh (Phase-I) under the tariff-based competitive bidding (TBCB) framework.

The project will be awarded on a Build, Own, Operate and Transfer (BOOT) basis and conducted through international competitive bidding in accordance with guidelines issued under Section 63 of the Electricity Act, 2003.

The document has specified that the non-refundable tender fee for the RFP is INR 5 lakh or USD 7,000 plus 18 percent GST. The last date for bid submission is 7 April 2026 and bids will be opened the same day through the e-bidding process.

The selected TSP will be responsible for establishing and operating the transmission system and providing the associated transmission services. Eligible bidders include companies incorporated under applicable laws or consortia of companies with a designated lead member. Selection will be based on technical and financial qualification and the discovery of the lowest transmission charges through an e-reverse auction. Consortium participation is permitted, provided that at least one member has purchased the Request for Proposal (RFP) document.

Bidders must comply with the Government of India’s Public Procurement (Preference to Make in India) policy and procurement restrictions applicable to entities from countries sharing land borders with India, as notified by the Department of Expenditure. These provisions apply to both the bidding entity and the eventual transmission service provider.

To meet technical qualification requirements, the bidder or the lead member of a consortium must demonstrate experience either in developing infrastructure sector projects over the last five years with an aggregate capital expenditure of not less than INR 3,935 crore, with each project having a minimum capital expenditure of INR 787 crore, or in construction of infrastructure projects over the last five financial years with aggregate payments received of not less than INR 3,935 crore, with each project contributing at least INR 787 crore. Only projects commissioned or completed at least seven days prior to the bid submission deadline will be considered. Financial claims must be supported by audited statements, and only the commissioned portion of partially completed projects will be evaluated.

On the financial side, bidders must have a minimum net worth of INR 1,574 crore in any one of the last three financial years preceding the bid deadline, based on audited accounts. Net worth will be calculated as equity share capital plus reserves, excluding revaluation reserves, intangible assets, miscellaneous expenditures not written off, and accumulated losses. In the case of a consortium, the requirement must be met collectively in proportion to the equity participation of each member. Where technical or financial capability is derived from a parent or affiliate company, bidders must submit a legally binding undertaking supported by a board resolution, and such a relationship must have existed at least seven days prior to bid submission.

Each bidder is permitted to submit only one bid, either individually or as part of a consortium, and no parent, affiliate, or ultimate parent entity may participate separately in the same bidding process. Bids will be rejected if the bidder or its key personnel have been blacklisted or convicted by any government authority or multilateral agency. The scheduled commercial operation date for completion of the transmission scheme has been set at 30 months from the effective date of the project.

Interested bidders may refer the document for more details.