Inter State Transmission System
The Morena SEZ Phase I evacuation scheme is a new Inter State Transmission System asset designed for 2,500 MW renewable injection from Madhya Pradesh. PFCCL ran the process under Section 63 with single-stage two-envelope bidding and e-reverse auction on MSTC. L1 is Enerica Infra 1 Private Limited at Rs 446.99 million per annum, with the final result dated 03-02-2026.
The scope is not “one line and a bay”. It is a pooling hub. The Morena 765/400 kV station includes 3×1500 MVA ICTs, 2×500 MVA 400/220 kV ICTs, 2×330 MVAr 765 kV bus reactors, and 2×125 MVAr 420 kV reactors. It also includes a ~90 km 765 kV D/C line to Karera and augmentation of Karera by 1×500 MVA ICT. Space for additional 765 kV equipment and 2×STATCOM (±400 MVAr) indicates planned Phase II stress handling.
Commercially, this Inter State Transmission System package hardens schedule discipline. The TSA links 100% recovery of Transmission charges to COD of all elements together. There is no partial revenue trigger. This single design choice moves the real risk from capex to commissioning coordination.Bid security screens are meaningful. Bid bond is Rs 20.80 crore. CPG is Rs 52 crore within 10 days of LoI. The equity lock-in and minimum holding rules limit post-award reshuffling. With 12 technically qualified bidders, Latest power sector tenders in transmission are now crowded. This Inter State Transmission System award signals that a Green Energy transmission project can attract highway-style EPC entrants, but the unified COD gate punishes sequencing slips. EnergylineIndia.com has the full breakdown, PFCCL, Morena SEZ, Transmission Tenders, Renewable Grid.
