In an effort towards ease of doing business and further promoting private sector participation in transmission sector, Ministry of Power has released the revised Standard Bid Documents (SBDs), containing Request for Proposal (RfP) and Transmission Service Agreement (TSA) for award of Inter-State Transmission System (ISTS) Projects on Tariff Based Competitive Bidding (TBCB).
The Ministry of Power is committed towards Public Private Partnership (PPP) in different spheres of power sector. Transmission is the most vital link in the power sector value chain connecting Generation and Distribution. Revision of SBDs for award of ISTS project on TBCB would enhance PPP in transmission sector and would attract more private investment in Transmission Sector.
In line with National Tariff Policy 2016 notified by the Central Government, ISTS system is developed through TBCB, except for certain category of ISTS system, which are strategic, technical-upgradation or time-bound in nature.