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Inter State Transmission System | |
765/400 kV intra-state project: PFC tightens bidder eligibility PFC has issued a revised annexure that sharpens compliance and transparency for prospective developers. The update demands explicit declarations on ultimate ownership, beneficial control, and country of origin, pushing bidders to disclose any direct or indirect links with entities restricted under current Government of India guidelines. Developers must also confirm non-association with restricted entities, including affiliates and subcontractors—closing the door on proxy participation. The core financial bars remain intact: technical experience of at least Rs 1,420 crore and net worth of Rs 568 crore continue to apply, signalling that only balance-sheet-strong players should bid. While the scheme is an intra-state 765/400 kV build, the tender language and governance echoes best practices seen in the Inter State Transmission System space—tight supplier provenance checks, robust PQCs, and traceable supply chains. For EPCs and OEMs, this means upgrading vendor KYC and origin tracking to ISTS-grade rigor. Expect deeper scrutiny of transformer cores, conductor metals, control & relay panels, and civil packages where cross-border inputs are common. The annexure’s stance mirrors wider policy shifts: localisation, security-led sourcing, and lifecycle accountability. Bidders should align compliance playbooks (from OEM letters to factory QA records) with the documentation depth typical of Inter State Transmission System awards. Commercially, the unchanged thresholds keep smaller firms at bay, but JV formations with clear, disclosed control structures could still qualify—provided they withstand origin audits. In summary, PFC’s move narrows the field to transparent, well-capitalised consortia ready for Inter State Transmission System-level diligence, even on intra-state builds. Teams that standardise their PQC artefacts, map bill-of-materials origin, and enforce subcontractor declarations will de-risk evaluation—and shorten LOA timelines. For investors, this signals predictable execution and fewer post-award surprises, aligning intra-state reliability targets with Inter State Transmission System discipline, Power Sector India, Transmission, PFC, Tender Watch, EPC, Grid Reliability, Compliance, Make In India, Inter State Transmission System. | |
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| Target State: All States Target City : Delhi Last Update : Oct 15, 2025 1:27 AM Number of Views: 12 | Item Owner : Energylineindia Contact Email: Contact Phone: (None) |
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USNetAds > Business Opportunities > Advertising Service > Item ID 131035796
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2025-10-15 (0.597 sec)