Home India Ministry of Power Publication of RFP document regarding initiation of the bid ...
Date: 2026-02-17 Category: Notices State: Union Government Country: India

Publication of RFP document regarding initiation of the bid process for selection of TSP for Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765400220kV

Issued by Ministry of Power · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document is a Single Stage Request for Proposal (RFP) document issued by PFC Consulting Ltd. (PFCCL) for the selection of a bidder as Transmission Service Provider (TSP). The objective is to establish an Inter-State Transmission System for the installation of two Synchronous Condenser (SynCon) units at the 765/400/220kV Fatehgarh-II PS. The document was issued on 11 February, 2026. **Key Points / Main Content** *Request for Proposal Notification:* * The Government of India, Ministry of Power, has designated PFC Consulting Limited (PFCCL) as the Bid Process Coordinator (BPC). * PFCCL invites all prospective Bidders to issue a Request for Proposal (RFP) to select the Bidder as the Transmission Service Provider (TSP) on the basis of international competitive bidding. * The TSP will install two synchronous condensers at 765/400/220 kV Fatehgarh-II PS on a Build, Own, Operate, and Transfer (BOOT) basis. *Project Details:* * The transmission scheme comprises the installation of two Synchronous Condensers (SynCon) units at 765/400/220 kV Fatehgarh-II PS. * Each unit of the SynCon must provide a dynamic support of +300MVAr/-200MVAr (Minimum) & Short Circuit contribution at PCC of 1200MVA (Minimum). * POWERGRID shall provide space (free of cost) for 2 Nos. (SynCon) units at Fatehgarh II PS along with 2 Nos. of 400 kV bays. * The Scheduled Commercial Operation Date is 30 months from the date of allocation. *Bidding Process:* * Bidders must meet qualification requirements, including technical and financial criteria, as specified. * The entire bidding process shall be conducted on an electronic platform created by MSTC Limited. * The bid shall be a single-stage two-envelope bid, comprising a technical bid and a financial bid. There shall be no physical submission of the Financial Bid. * The Technical Bid shall be opened first, followed by the financial bid of qualified bidders. * RFP documents are available for purchase until April 16, 2026, for a non-refundable fee. * Bids must be uploaded online by April 17, 2026. * The Bid Bond (Security Deposit) of Rs.22.80 Crore is needed at the time of technical offer submission and shall be valid for a period of thirty (30) days beyond the validity of the Bid. * The successful bidder, on behalf of TSP, will provide to Nodal Agency the Contract Performance Guarantee for an amount of Rs.57.00 Crore within ten (10) days from the date of issue of the Letter of Intent **Impact Analysis** **Bidders** * **Impact** : Subject to qualification requirements and must participate in tariff based competitive bidding. Bidders must submit the pre-award Integrity Pact and all original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14/14A/14B before issuance of Lol. * **Action Required**: Purchase the RFP document, prepare and submit the technical and financial bids according to specified formats and timelines. **Transmission Service Provider (TSP) / Selected Bidder** * **Impact**: Responsible for the design, construction, commissioning, operation, and maintenance of the inter-state transmission system. Required to comply with various technical and legal requirements. Responsible for the share of equity investment and obligations as per the Consortium Agreement, but subject to certain exceptions based on the parent company's holding. The SPV assets shall be transferred to CTU without any encumbrance and liability after 35 years. * **Action Required**: Establish, operate, and maintain the Project on a BOOT basis and meet project obligations as the TSP. Obtain Transmission License from the Commission and must acquire one hundred percent (100%) equity shares of SPV (UNDER INCORPORATION) from PFC Consulting Limited and sell. **PFC Consulting Limited (PFCCL) as the Bid Process Coordinator (BPC)** * **Impact** Responsible for coordinating the selection of the Transmission Service Provider (TSP) through tariff-based competitive bidding * **Action Required**: PFCCL must initiate development of the Project and intimation of the Acquisition Price payable by the Selected Bidder. **Central Transmission Utility (CTU) and Designated ISTS Customers (DICs)** * **Impact**: The Designated ISTS Customers will pay the Transmission Charges. CTU will be the Nodal Agency to the project. Will own the assets after 35 years from COD of the project. * **Action Required**: CTU to execute and implement the Transmission Service Agreement (TSA).

Key Entities Referenced

PFC Consulting Limited (PFCCL): The Bid Process Coordinator (BPC) for the bidding process. Transmission Service Provider (TSP): The company that will build, own, operate, and transfer the transmission system. Will be selected by PFC Consulting Limited. Electricity Act, 2003: The legislation under which the Ministry of Power has issued guidelines for tariff-based competitive bidding. Fatehgarh-II PS: The location where the Synchronous Condensers units are to be installed. (765/400/220kV) 765/400/220kV Inter-State Transmission System: The transmission system that is subject of the bidding process. Intended to enhance the grid stability and provide inertial support.
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SINGLE STAGE REQUEST FOR PROPOSAL DOCUMENT FOR SELECTION OF BIDDER AS TRANSMISSION SERVICE PROVIDER THROUGH TARIFF BASED COMPETITIVE BIDDING PROCESS TO ESTABLISH INTER-STATE TRANSMISSION SYSTEM FOR INSTALLATION OF 2 NOS. OF SYNCHRONOUS CONDENSERS (SYNCON) UNITS AT 765/400/220KV FATEHGARH-II PS ISSUED BY Registered Office: 1st Floor, “Urjanidhi”, 1, Barakhamba Lane, Connaught Place, New Delhi-110001 11 February, 2026 PFC CONSULTING LIMITED 1RFP for Selection of Bidder as Transmission Service Provider PFC CONSULTING LIMITED (A wholly owned subsidiary of Power Finance Corporation Limited) Corporate Office: 9th Floor, A-Wing, Statesman House Connaught Place, New Delhi-110001 Request for Proposal Document for selection of Bidder as Transmission Service Provider through tariff based competitive bidding process to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” is issued by PFC Consulting Limited. This RFP document is issued to - M/s. _______________________ ___________________________ ___________________________ ___________________________ ___________________________ Signature: Date: General Manager PFC Consulting Limited 9th Floor, A-Wing, Statesman House Connaught Place, New Delhi-110001 Email: pfccl.itp@pfcindia.com Place: New Delhi PFC CONSULTING LIMITED 2RFP for Selection of Bidder as Transmission Service Provider REQUEST FOR PROPOSAL NOTIFICATION PFC CONSULTING LIMITED (A wholly owned subsidiary of Power Finance Corporation Limited) Corporate Office: 9th Floor, A-Wing, Statesman House Connaught Place, New Delhi-110001 1. The Government of India, Ministry of Power, vide its gazette notification no CG-DL-E-04112025- 267371 dated 03.11.2025 has notified PFC Consulting Limited (PFCCL) to be the Bid Process Coordinator (BPC) for the purpose of selection of Bidder as Transmission Service Provider (TSP) to establish Inter-State transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process. 2. PFC Consulting Limited (PFCCL) (hereinafter referred to as BPC) hereby invites all prospective Bidders for issue of Request for Proposal (RFP) for selection of Bidder as Transmission Service Provider (TSP) on the basis of international competitive bidding in accordance with the “Tariff Based Competitive Bidding Guidelines for Transmission Service” and “Guidelines for Encouraging Competition in Development of Transmission Projects” issued by Government of India, Ministry of Power under section – 63 of The Electricity Act, 2003 and as amended from time to time. The responsibility of the TSP would be to establish the following Inter-State Transmission System – “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh- II PS” (hereinafter referred to as 'Project’) on build, own, operate & transfer basis and to provide transmission service: S. Name of Transmission Element Scheduled COD No. in months from Effective Date 1. 2 nos. of Synchronous Condensers (SynCon) units* at 400kV level 30 months from of 765/400/220kV Fatehgarh-II PS along with 2 nos. of 400kV bays. the date of  Synchronous Condenser units- 2 Nos. allocation  400kV Bay- 2 Nos. *1 No. of SynCon unit comprises dynamic support of +300MVAr/- 200MVAr (Minimum) & Short Circuit contribution at PCC of 1200MVA (Minimum) Notes: i. POWERGRID shall provide space (free of cost) for 2 Nos. (SynCon) units at Fatehgarh II PS along with 2 Nos. of 400 kV bays 3. The TSP shall ensure that design; construction and testing of all equipment, facilities, components and systems of the Project shall be in accordance with the provisions of the Transmission Service Agreement and applicable Rules/ Regulations, Orders and Guidelines issued by the Central Government. 4. Transmission License: The TSP shall obtain the Transmission License from the Commission. 5. Bidding Process: The Transmission Service Provider shall be selected through tariff based competitive bidding process for the Project based on meeting stipulated Qualification Requirements prescribed in Clause 2.1 of Section 2 of RFP and the lowest Quoted Transmission Charges discovered from Final Offers quoted during the e-reverse bidding. The selection of the PFC CONSULTING LIMITED 3RFP for Selection of Bidder as Transmission Service Provider TSP shall be subject to it obtaining Transmission License from the Commission, which, after expiry, may be further extended by such period as deemed appropriate by the Commission under powers vested with it to amend the conditions of the Transmission License. The entire bidding process shall be conducted on electronic platform created by MSTC Limited. The Bid shall be a single stage two envelope bid comprising the Technical Bid and the Financial Bid. The Bidders shall submit the Bid online through the electronic bidding platform. In addition to the online submission, the Bidder with lowest Final Offer will be required to submit original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14 before issuance of LoI. There shall be no physical submission of the Financial Bid. The Technical Bid shall be opened first and the Financial Bid of only the bidder who have qualified in the Technical Bid shall be opened. The Financial Bid will comprise of two rounds. In the first round the Initial Offer of the responsive bids would be opened and Quoted Transmission Charges of Initial Offer shall be ranked on the basis of ascending order. The Bidders, in the first fifty per cent of the ranking (with any fraction rounded off to higher integer) or four Bidders, whichever is higher, shall qualify for participating in the electronic reverse auction stage and submit their Final Offer. 6. The objective of the bidding process is to select a Successful Bidder pursuant to this RFP, who shall acquire one hundred percent (100%) of the equity shares of SPV (UNDER INCORPORATION), along with all its related assets and liabilities as per the provisions of the Share Purchase Agreement, at the Acquisition Price to be intimated by the BPC, twenty (20) days prior to the Bid Deadline. The SPV (UNDER INCORPORATION), of which one hundred percent (100%) equity shares will be acquired by the Selected Bidder, shall be responsible as the TSP, for ensuring that it undertakes ownership, financing, development, design, engineering, procurement, construction, commissioning, operation and maintenance of the Project, and to provide Transmission Service as per the terms of the RFP Project Documents. The TSP shall ensure transfer of all project assets along with substation land, right of way and clearances to CTU or its successors or an agency as decided by the Central Government after 35 years from COD of project at zero cost and free from any encumbrance and liability. The transfer shall be completed within 90 days after 35 years from COD of project failing which CTU shall be entitled to take over the project assets Suo moto. 7. Commencement of Transmission Service: The Bidder shall have to commence Transmission Service in accordance with the provisions of the Transmission Service Agreement. 8. Transmission Charges: The Transmission Charges shall be payable by the Designated ISTS Customers in Indian Rupees through the CTU as per Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations as amended from time to time. Bidders shall quote the Transmission Charges as per the pre-specified structure, as mentioned in the RFP. 9. Issue of RFP document: The detailed terms and conditions for qualification and selection of the Transmission Service Provider for the Project and for submission of Bid are indicated in the RFP document. All those interested in purchasing the RFP document may respond in writing to General Manager, Tel. +91 11 23443912, Fax +91 11 23443990, Email: pfccl.itp@pfcindia.com at the address given in para 12 below with a non-refundable fee of Rs. 5,00,000/- (Rupees Five Lakh Only) or US$ 7000/- (US Dollars Seven Thousand Only) plus 18% GST, to be paid via electronic transfer to the following Bank Account: PFC CONSULTING LIMITED 4RFP for Selection of Bidder as Transmission Service Provider Bank Account Name : PFC Consulting Limited Account No. : 000705036117 Bank Name : ICICI Bank IFSC : ICIC0000007 Branch : Connaught Place, New Delhi-110001 latest by one working day prior to bid submission date. Immediately after issuance of RFP document, the Bidder shall submit the Pre-Award Integrity Pact in the format as prescribed in Annexure B, which shall be applicable for and during the bidding process, duly signed on each page by any whole-time Director / Authorized Signatory, duly witnessed by two persons, and shall be submitted by the Bidder in two (2) originals in a separate envelope, duly superscripted with Pre-Award Integrity Pact. The Bidder shall submit the Pre-Award Integrity Pact on non- judicial stamp paper of Rs. 100/- each duly purchased from the National Capital Territory of Delhi. In case the Bidder is in a consortium, the Pre-Award Integrity Pact shall be signed and submitted by each member of the Consortium separately. The RFP document shall be issued to the Bidders on any working day from February 11, 2026 to April 16, 2026, between 10:30 hours (IST) to 16:00 hours (IST). The BPC, on written request and against payment of the above mentioned fee by any Bidder shall promptly dispatch the RFP document to such Bidder by registered mail/ air mail. BPC shall, under no circumstances, be held responsible for late delivery or loss of documents so mailed. 10. Receipt and opening of Bid: The Bid must be uploaded online through the electronic bidding platform on or before 15:00 hours (IST) on April 17, 2026. Technical Bid will be opened by the Bid Opening Committee on the same day at 15:30 hours (IST) in the office of Central Electricity Authority, in the online presence of Bidders’ representatives who wish to attend. If the Bid Deadline is a public holiday at the place of submission of Bid, it shall be opened on the next working day at the same time and venue. In addition to the online submission, the Bidder with lowest Final Offer will be required to submit original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14 before issuance of LoI. Bidders meeting the Qualification Requirements, subject to evaluation as specified in Clause 3.2 to 3.4 shall be declared as “Qualified Bidders” and eligible for opening of Initial Offer. 11. The RFP document is not transferable. BPC reserves the right to reject all Bid and/or annul the process of tariff based competitive bidding for selection of Bidder as TSP to execute the Project without assigning any reason. BPC shall not bear any liability, whatsoever, in this regard. 12. Nodal person for enquiries and clarifications All correspondence and clarification in respect of RFP document shall be addressed to: General Manager PFC Consulting Limited 9th Floor, A-Wing, Statesman House Connaught Place, New Delhi - 110001, India Tel. + 91-11-23443912 Fax + 91-11-23443990 Email: pfccl.itp@pfcindia.com PFC CONSULTING LIMITED 5RFP for Selection of Bidder as Transmission Service Provider DISCLAIMER 1. This Request for Proposal (RFP) document is not an agreement or offer by the BPC to the prospective Bidders or to any other party. The purpose of this RFP document is to provide interested parties with information to assist the formulation of their Bid. The RFP document is based on material and information available in public domain. 2. This RFP, along with its Annexures, is not transferable and the information contained therein are to be used only by the person to whom it is issued. It may not be copied or distributed by the recipient to third parties (other than in confidence to the recipient's professional advisors). In the event that the recipient does not continue with its involvement in the Project in accordance with this RFP, this RFP must be kept confidential. 3. While this RFP has been prepared in good faith, neither the BPC nor its employees or advisors/consultants make any representation or warranty expressed or implied as to the accuracy, reliability or completeness of the information contained in this RFP. The Bidders shall satisfy themselves, on receipt of the RFP document, that the RFP document is complete in all respects. Intimation of any discrepancy shall be given to this office immediately. If no intimation is received from any Bidder within ten (10) days from the date of issue of this RFP document on or before the date & time mentioned in this RFP, it shall be considered that the issued document, complete in all respects, has been received by the Bidders. This bidding process is in accordance with the Bidding Guidelines issued by Ministry of Power, Government of India under Section 63 of the Electricity Act, 2003. Revisions or amendments in these Bidding Guidelines may cause the BPC to modify, amend or supplement this RFP document, including the RFP Project Documents to be in conformance with the Bidding Guidelines. 4. This RFP document includes statements, which reflect various assumptions arrived at by BPC in order to give a reflection of current status in the RFP. These assumptions should not be entirely relied upon by Bidders in making their own assessments. This RFP document does not purport to contain all the information each Bidder may require and may not be appropriate for all persons. It is not possible for BPC to consider the investment objectives, financial situation and particular needs of each party who reads or uses this RFP document. Certain Bidders may have a better knowledge of the Project than the others. Each Bidder should conduct its own investigations and analysis and should check the accuracy, reliability and completeness of the information in this RFP document and obtain independent advice from appropriate sources. 5. Neither BPC nor their employees or consultants make any representation or warranty as to the accuracy, reliability or completeness of the information in this RFP document. 6. Neither BPC, its employees nor its consultants will have any liability to any Bidder or any other person under the law of contract, tort, the principles of restitution or unjust enrichment or otherwise for any loss, expense or damage which may arise from or be incurred or suffered in connection with anything contained in this RFP document, any matter deemed to form part of this RFP document, the award of the Project, the information supplied by or on behalf of BPC or its employees, any consultants or otherwise arising in any way from the qualification process for the said Project. 7. By participating in the bidding process, each of the Bidder shall have acknowledged and accepted that it has not been induced to enter into such agreement by any representation or warranty, expressed or implied, or relied upon any such representation or warranty by or on behalf of BPC or any person working in the bidding process. 8. BPC may in its absolute discretion, but without being under any obligation to do so, update, amend PFC CONSULTING LIMITED 6RFP for Selection of Bidder as Transmission Service Provider or supplement this RFP document. Such updations, amendments or supplements, if any, will however be circulated to the Bidders not later than 15 days prior to the last date for submission of Bid. 9. Each Bidder unconditionally agrees, understands and accepts that the BPC reserves the rights to accept or reject any or all Bids without giving any reason. Neither the BPC nor its advisers shall entertain any claim of any nature, whatsoever, including without limitations, any claim seeking expenses in relation to the preparation of Bids. 10. This RFP may be withdrawn or cancelled by the BPC at any time without assigning any reasons thereof. BPC further reserves the right, at its complete discretion to reject any or all of the Bids without assigning any reasons whatsoever. PFC CONSULTING LIMITED 7RFP for Selection of Bidder as Transmission Service Provider INDEX 1. DEFINITIONS ................................................................................................................................ 10 2. INTRODUCTION ........................................................................................................................... 15 3. INFORMATION AND INSTRUCTIONS FOR BIDDERS..................................................................... 20 4. EVALUATION OF THE TECHNICAL AND FINANCIAL BID .............................................................. 44 5. ANNEXURES FOR BID .................................................................................................................. 50 6. ANNEXURE 1 - COVERING LETTER ............................................................................................... 52 7. ANNEXURE 2 - LETTER OF CONSENT FROM CONSORTIUM MEMBERS ...................................... 56 8. ANNEXURE 3 - FORMAT FOR EVIDENCE OF AUTHORIZED SIGNATORY’S AUTHORITY (POWER OF ATTORNEY) .................................................................................................................................. 58 9. ANNEXURE 4 - FORMAT FOR POWER OF ATTORNEY TO BE PROVIDED BY EACH OF THE OTHER MEMBERS OF THE CONSORTIUM IN FAVOUR OF THE LEAD MEMBER ...................................... 60 10. ANNEXURE 5 - FORMAT FOR BIDDER’S COMPOSITION AND OWNERSHIP STRUCTURE ............ 62 11. ANNEXURE 6 - FORMAT FOR CONSORTIUM AGREEMENT ......................................................... 65 12. ANNEXURE 7 A - FORMAT FOR QUALIFICATION REQUIREMENT ............................................... 70 13. ANNEXURE 7B - FORMAT FOR TECHNICAL REQUIREMENT ........................................................ 73 14. ANNEXURE 7C - FORMAT FOR TECHNICAL & FINANCIAL REQUIREMENT – RELATIONSHIP & DETAILS OF EQUITY SHAREHOLDING .......................................................................................... 76 15. ANNEXURE 7D - ADDITIONAL INFORMATION FOR VERIFICATION OF FINANCIAL AND TECHNICAL CAPABILITIES OF BIDDERS. ....................................................................................... 78 16. ANNEXURE 8 -UNDERTAKING AND DETAILS OF EQUITY INVESTMENT ...................................... 81 17. ANNEXURE 9 -AUTHORISATION FROM PARENT/ AFFILIATE OF BIDDING COMPANY/ MEMBER OF BIDDING CONSORTIUM WHOSE TECHNICAL/ FINANCIAL CAPABILITY HAS BEEN USED BY THE BIDDING COMPANY/ MEMBER OF BIDDING CONSORTIUM. .............................................. 85 18. ANNEXURE 10- FORMAT OF UNDERTAKING BY TECHNICALLY / FINANCIALLY EVALUATED ENTITY / ULTIMATE PARENT COMPANY ..................................................................................... 86 19. ANNEXURE 11 - FORMATS FOR BOARD RESOLUTIONS .............................................................. 88 20. ANNEXURE 11A – ILLUSTRATION FOR APPLICABLE BOARD RESOLUTION REQUIREMENTS UNDER CLAUSE 2.5.2 .................................................................................................................. 91 21. ANNEXURE 12 - FORMAT FOR ILLUSTRATION OF AFFILIATES .................................................... 93 22. ANNEXURE 13 - FORMAT FOR DISCLOSURE ............................................................................... 94 PFC CONSULTING LIMITED 8RFP for Selection of Bidder as Transmission Service Provider 23. ANNEXURE 14 - FORMAT OF THE BID BOND .............................................................................. 95 24. ANNEXURE 14 A - FORMAT OF THE SURETY BOND FOR BID SECURITY ...................................... 97 25. ANNEXURE 14B - Format of Payment on Order Instrument to be issued by IREDA/REC/PFC ... 99 26. ANNEXURE 15 - FORMAT FOR CONTRACT PERFORMANCE GUARANTEE................................. 101 27. ANNEXURE 15A: FORMAT FOR SURETY INSURANCE CONTRACT ............................................. 103 28. ANNEXURE 15B: FORMAT FOR ISSUANCE OF PAYMENT ON ORDER INSTRUMENT ................. 106 29. ANNEXURE 16 – FORMAT OF CHECKLIST FOR TECHNICAL BID SUBMISSION REQUIREMENTS 109 30. ANNEXURE 17 – LIST OF BANKS ................................................................................................ 112 31. ANNEXURE 18 - GRID MAP OF THE PROJECT ............................................................................ 113 32. ANNEXURE 19 - FORMAT FOR CLARIFICATIONS / AMENDMENTS ON THE RFP / RFP PROJECT DOCUMENTS ............................................................................................................................. 113 33. ANNEXURE 20 - LIST FOR RFP PROJECT DOCUMENTS .............................................................. 115 34. ANNEXURE 21 - FORMAT FOR FINANCIAL BID .......................................................................... 116 35. ANNEXURE 22 – FORMAT FOR AFFIDAVIT ................................................................................ 117 36. ANNEXURE A ............................................................................................................................. 119 37. ANNEXURE B ............................................................................................................................. 121 38. ANNEXURE-C ............................................................................................................................. 127 39. ANNEXURE - D ........................................................................................................................... 128 40. ANNEXURE - E ........................................................................................................................... 134 41. ANNEXURE-F ............................................................................................................................. 176 42. ANNEXURE - G ........................................................................................................................... 182 PFC CONSULTING LIMITED 9RFP for Selection of Bidder as Transmission Service Provider DEFINITIONS Any capitalized term, used but not defined in this RFP, shall have the meaning ascribed to such term in the RFP Project Documents, or the Bidding Guidelines, in that order. In absence of availability of definitions in the foregoing references, the capitalized terms shall be interpreted in accordance with the Electricity Act 2003, Grid Code or any other relevant electricity law, rule or regulation prevalent in India, as amended or re-enacted from time to time, in that order. The following terms are defined for use in this RFP: "Acquisition Price" shall have the same meaning as defined in the Share Purchase Agreement; “Affiliate” shall mean a company that either directly or indirectly i. controls or ii. is controlled by or iii. is under common control with a Bidding Company (in the case of a single company) or a Member (in the case of a Consortium) and “control” means ownership by one entity of at least twenty six percent (26%) of the voting rights of the entity. As an illustration a chart is annexed hereto as Annexure – 12; “Bid” shall mean Technical Bid and Financial Bid (Initial Offer and Final Offer) submitted by the Bidder, in response to this RFP, in accordance with the terms and conditions thereof; “Bidder” shall mean either a single company (including its permitted successors and legal assigns) or a Consortium of companies (including its permitted successors and legal assigns) submitting a Bid in response to this RFP. Any reference to the Bidder includes Bidding Company, Bidding Consortium/ Consortium, Member in a Bidding Consortium and Lead Member of the Bidding Consortium jointly and severally, as the context may require; “Bidding Company” shall refer to such single company (including its permitted successors and legal assigns) that has submitted a Bid for the Project; “Bidding Consortium/ Consortium” shall refer to a group of companies (including their permitted successors and legal assigns) that has collectively submitted a Bid for the Project; “Bidding Guidelines” shall mean the “Tariff Based Competitive-Bidding Guidelines for Transmission Service” and “Guidelines for Encouraging Competition in Development of Transmission Projects” issued by Government of India, Ministry of Power under Section – 63 of Electricity Act as amended from time to time; “Bid Bond” shall mean the unconditional and irrevocable” bank guarantee or unconditional and irrevocable Insurance Surety Bond issued by Insurance Company authorized by Insurance Regulatory and Development Authority of India) or Payment on Order Instrument for Rs.22.80 Crore (Rupees Twenty Two Crore and Eighty Lakh Only), to be submitted along with the Technical Bid by the Bidder under Clause 2.11 of this RFP, as per the format prescribed in Annexure 14 (for Bank Guarantee) or Annexure 14A (for Insurance Surety Bond) or Annexure 14B (for Payment on Order); "Bid Deadline" shall mean the last date and time for submission of online Bid in response to this RFP, specified in Clause 2.7.1; “Bid Process Coordinator or BPC” shall mean a person or its authorized representative as notified by PFC CONSULTING LIMITED 10RFP for Selection of Bidder as Transmission Service Provider the Government of India, responsible for carrying out the process for selection of Bidder who will acquire Transmission Service Provider; "CEA" shall mean the Central Electricity Authority constituted under Section - 70 of the Electricity Act; “Commission” or “CERC” shall mean the Central Electricity Regulatory Commission of India constituted under Section-76 of The Electricity Act, 2003 and any successors and assigns; “Conflict of Interest” A Bidder shall be considered to be in a Conflict of Interest with one or more Bidders in the same bidding process if they have a relationship with each other, directly or through a common company, that puts them in a position to have access to information about or influence the Bid of another Bidder. Provided that if two or more bidders in the bidding process have formed a Joint Venture Company or Consortium to execute another project, the Bidders will not be considered to have Conflict of Interest; "Commercial Operation Date (COD)" shall mean the date as per Article 6.2 of the Transmission Service Agreement; “Consents, Clearances, Permits” shall mean all authorizations, licenses, approvals, registrations, permits, waivers, privileges, acknowledgements, agreements, or concessions required to be obtained from or provided by any concerned authority for the development, execution and performance of Project including without any limitation on the construction, ownership, operation and maintenance of the transmission lines and/or sub-stations; "Contract Performance Guarantee" shall have the meaning as per Clause 2.12 of this RFP; "Contract Year" shall mean the period beginning on the Scheduled COD, and ending on the immediately succeeding March 31 and thereafter each period of 12 months beginning on April 1 and ending on March 31 provided that: (i) the last Contract Year shall end on the last day of the term of the Transmission Service Agreement; "CTU/Central Transmission Utility" shall have same meaning as defined in the Electricity Act, 2003; “Designated ISTS Customers” or “DICs” shall have the meaning as ascribed in Regulation 2(l) of Central Electricity Regulatory Commission (Sharing of inter-State Transmission Charges and Losses) Regulation 2020 and as amended or modified from time to time; "Effective Date" shall have the meaning as ascribed thereto in the Transmission Service Agreement; "Element" shall mean-each Transmission Line or each circuit of the Transmission Lines (where there are more than one circuit) or each bay of the Sub-station or switching station or HVDC terminal or inverter station of the Project, including ICTs, Reactors, SVC, FSC, etc. forming part of the ISTS which will be owned, operated and maintained by the concerned ISTS Licensee, and which may have a separate scheduled COD as per Schedule 2 of the Transmission Service Agreement and may have a separate percentage for recovery of Transmission Charges on achieving COD as per Schedule 5 of the Transmission Service Agreement; “Final Offer” shall mean the Quoted Transmission Charges, required to be submitted as part of the Financial Bid on the electronic bidding platform during the e-reverse bidding stage. In case, no Final Offer is received during the e-reverse bidding stage then the lowest “Initial Offer” shall be deemed to be the Final Offer; PFC CONSULTING LIMITED 11RFP for Selection of Bidder as Transmission Service Provider “Financial Bid” shall mean the Initial Offer and Final Offer, containing the Bidder’s Quoted Transmission Charges, as per the format at Annexure – 21 of this RFP; “Financially Evaluated Entity” shall mean the company which has been evaluated for the satisfaction of the financial requirement set forth in Clause 2.1.3 hereof; “Government” shall mean the Central Government; “Grid Code” / “IEGC” or “State Grid Code” shall mean the Grid Code specified by the Central Commission under clause (h) of sub-section (1) of Section 79 of the Electricity Act and/or the State Grid Code as specified by the concerned State Commission referred under clause (h) of sub-section (1) of Section 86 of the Electricity Act as applicable; “Infrastructure sector” shall mean such sectors notified by Department of Economic Affairs in its Gazette Notification no. 13/1/2017-INF dated 14th November, 2017 and as amended from time to time; “Initial Offer” shall mean the Quoted Transmission Charges, required to be submitted as part of the Financial Bid on the electronic bidding platform along with the Technical Bid; "Inter State Generating Station" or "ISGS" shall mean a Central / other generating station in which two or more states have shares and whose scheduling is to be coordinated by the Regional Load Dispatch Centre; “Inter-State Transmission System” shall have same meaning as defined in the Electricity Act, 2003; “Lead Member of the Bidding Consortium” or “Lead Member” shall mean a company who commits at least twenty six percent (26%) equity stake in the Project, meets the technical requirement as per Clause 2.1.2 and so designated by other Member(s) in Bidding Consortium; “Letter of Intent” or “LoI” shall mean the letter to be issued by the BPC to the Bidder, who has been identified as the selected bidder, for award of the Project to such Bidder; “Member in a Bidding Consortium/Member” shall mean each company in the Bidding Consortium; “MOP” shall mean the Ministry of Power, Government of India; "MOEF" shall mean the Ministry of the Environment and Forests, Government of India; "National Committee on Transmission" shall mean the committee constituted by the Ministry of Power, Government of India in terms of the "Guidelines for Encouraging Competition in Development of Transmission Projects", as notified from time to time; “Nodal Agency” shall mean CTU, which shall execute and implement the Transmission Service Agreement (TSA); Provided that while taking major decisions, CTU shall consult CEA on technical matters and any other matter it feels necessary. “Parent Company” shall mean an entity that holds at least twenty six percent (26%) of the paid - up equity capital directly or indirectly in the Bidding Company or in the Member in a Bidding Consortium, as the case may be; “Payment on Order Instrument” shall mean Letter of Undertaking from Indian Renewable Energy Development Agency Limited (IREDA) or Power Finance Corporation Limited (PFC) or REC Limited (REC) [the three non-banking financial institutions under Ministry of New & Renewable Energy (MNRE)/ PFC CONSULTING LIMITED 12RFP for Selection of Bidder as Transmission Service Provider Ministry of Power (MoP)], to pay in case situation of default of Transmission Service Provider (TSP) in terms of tender conditions/ Power Purchase Agreement (PPA) arises. Such Letter(s) will have same effect as that of a Bank Guarantee issued by any public sector bank, Such “Payment on Order instrument” would have terms and conditions similar to that of any Bank Guarantee given by any public sector bank and would promise to pay the Nodal Agency on demand within stipulated time. TSPs can seek such Letter(s) by offering due security to the above-mentioned three non-banking financial institutions mentioned above (IREDA, PFC & REC). Nodal Agency shall not accept the instrument of ‘Letter of Undertaking’ as described above or in any other from, from any other non-banking financial institutions or bank, except IREDA, PFC & REC. “Qualification Requirements” shall mean the qualification requirements as set forth in Section-2, Clause 2.1 of this RFP; “Quoted Transmission Charges” shall mean the quoted single annual Transmission Charges submitted online through the electronic bidding platform by the Bidder as part of its Financial Bid as per the format in Annexure – 21 of this RFP; “RFP” shall mean Request for Proposal document along with all schedules, formats, annexure and RFP Project Documents attached hereto, issued by BPC for tariff based competitive bidding process for selection of bidder who will acquire the TSP through e-reverse bidding to execute the Project, and shall include any modifications, amendments or alterations or clarifications thereto; “RFP Project Documents” shall mean the following documents to be entered into in respect of the Project, by the parties to the respective agreements: a. Transmission Service Agreement (TSA), b. Share Purchase Agreement, c. Agreement(s) required, if any, under Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations as amended from time to time and d. Any other agreement, as may be required; "Scheduled COD" shall have the meaning as ascribed hereto in Clause 2.6 of this RFP; “Statutory Auditor” shall mean the auditor appointed under the provisions of the Companies Act, 1956 / Companies Act, 2013 (as the case may be) or under the provisions of any other applicable governing law; "Share Purchase Agreement" shall mean the agreement amongst PFC Consulting Limited, SPV (UNDER INCORPORATION) and the Successful Bidder for the purchase of one hundred (100%) per cent of the shareholding of the SPV (UNDER INCORPORATION) for the Acquisition Price, by the Successful Bidder on the terms and conditions as contained therein; "Successful Bidder" or "Selected Bidder" shall mean the Bidder selected pursuant to this RFP to acquire one hundred percent (100%) equity shares of SPV (UNDER INCORPORATION), along with all its related assets and liabilities, which will be responsible as the TSP to establish the Project on build, own, operate and transfer basis as per the terms of the Transmission Service Agreement and other RFP Project Documents; "Survey Report" shall mean the report containing initial information regarding the Project and other details provided as per the provisions of Clause 1.6.2.1.1 of this RFP; PFC CONSULTING LIMITED 13RFP for Selection of Bidder as Transmission Service Provider "Technical Bid" shall mean the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP; “Technically Evaluated Entity” shall mean the company which has been evaluated for the satisfaction of the technical requirement set forth in Clause 2.1.2 hereof; “Transmission Charges” shall mean the Final Offer quoted by Selected Bidder and adopted by the Commission, and as computed in terms of the provisions of Schedule 4 of the TSA, payable to the ISTS Licensee by the Designated ISTS Customers, and collected / disbursed by the CTU, as per Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations as amended from time to time; “Transmission License” shall mean the license granted by the Commission in terms of the relevant regulations for grant of such license issued under the Electricity Act, 2003; “Transmission Service Agreement” or “TSA” shall mean the agreement entered into between Nodal Agency and the TSP, pursuant to which the TSP shall build, own, operate and transfer the Project and make available the assets of the Project on a commercial basis; “Transmission Service Provider” or “TSP” shall mean SPV (UNDER INCORPORATION) which has executed the Transmission Service Agreement and which shall be acquired by the Selected Bidder; “Ultimate Parent Company” shall mean an entity which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such entity. PFC CONSULTING LIMITED 14RFP for Selection of Bidder as Transmission Service Provider SECTION – 1 INTRODUCTION PFC CONSULTING LIMITED 15RFP for Selection of Bidder as Transmission Service Provider SECTION 1 1. INTRODUCTION 1.1 The Government of India, Ministry of Power, vide its gazette notification no CG-DL-E-04112025- 267371 dated 03.11.2025 has notified PFC Consulting Limited (PFCCL) to be the Bid Process Coordinator (BPC) for the purpose of selection of Bidder as Transmission Service Provider (TSP) to establish Inter-State transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process. The BPC hereby invites Bids from all prospective Bidders in accordance with this Request for Proposal (RFP) to select prospective Transmission Service Provider (TSP) in accordance with the “Tariff Based Competitive-Bidding Guidelines for Transmission Service” and “Guidelines for Encouraging Competition in Development of Transmission Projects” issued by Government of India, Ministry of Power under Section – 63 of the Electricity Act. The BPC shall select the Bidder having the prescribed technical and financial capability to become TSP and be responsible for establishing the Project in the state(s) of Rajasthan. The TSP will make the Project available against payment of Transmission Charges, as adopted by the Commission, payable to the TSP, as per Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations as amended from time to time. 1.2 The TSP will be required to establish the following Inter State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh- II PS” (hereinafter referred to as ‘Project’) on build, own, operate and transfer basis, and to provide transmission service. S. Name of Transmission Element Scheduled COD No. in months from Effective Date 1. 2 nos. of Synchronous Condensers (SynCon) units* at 400kV level 30 months from of 765/400/220kV Fatehgarh-II PS along with 2 nos. of 400kV bays. the date of  Synchronous Condenser units- 2 Nos. allocation  400kV Bay- 2 Nos. *1 No. of SynCon unit comprises dynamic support of +300MVAr/- 200MVAr (Minimum) & Short Circuit contribution at PCC of 1200MVA (Minimum) Notes: i. POWERGRID shall provide space (free of cost) for 2 Nos. (SynCon) units at Fatehgarh II PS along with 2 Nos. of 400 kV bays 1.3 Description of the Transmission Scheme The transmission scheme comprises “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220 kV Fatehgarh-II PS”. As per the discussion of 71st NRPC meeting held on 20.01.2024, it was deliberated that RE power is being integrated at very fast pace and the to ensure grid stability and provide inertial support in RE Complex a committee of members from CEA, NRPC, NRLDC, CTU and STU was constituted to do the futuristic analysis for requirement of Synchronous Condensers based on the inertia considerations for Northern Region. PFC CONSULTING LIMITED 16RFP for Selection of Bidder as Transmission Service Provider Subsequently, various committee meetings were held highlighting various technological options available and suitability of SynCons under different system requirements. Further, a methodology was adopted to identify the optimal location for installation of SynCons, which includes low SCR (<5), proximity of HVDC station, dynamic compensation requirement, real time grid issues etc. Based on above criterion committee recommended SynCons at various RE pooling stations in Rajasthan incl. SynCon at Fatehgarh-II S/s. Grid India in 36th CMETS-NR meeting also highlighted that they have observed sustained oscillations on real time basis at Fatehgarh-II PS. The scheme includes the installation of 2 Nos. of Synchronous Condenser (SynCon) units (each unit of +300/-200 MVAr) at 400 kV level of 765/400/220 kV Fatehgarh-II PS along with the 2 Nos. of 400 kV bays. Above scheme has been discussed and agreed in 36th CMETS-NR meeting held on 15.01.2025, 55th TCC & 80th NRPC meeting held on 17-18th July 2025. Further, the transmission scheme was also discussed in 32nd NCT meeting held on 12th Aug’25 and later agreed in 33rd NCT meeting held on 16th September 2025. Subsequently, Ministry of Power, Government of India, vide its Gazette notification dated 03.11.2025 declared the establishment of “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding route. 1.4 Transmission Grid Map Transmission Grid Map indicating the location of the Project is enclosed as Annexure 18 of this RFP for information and reference of the Bidders. 1.5 The objective of the bidding process is to select a Successful Bidder pursuant to this RFP, who shall acquire one hundred percent (100%) of the equity shares of SPV (UNDER INCORPORATION) along with all its related assets and liabilities as per the provisions of the Share Purchase Agreement, at the Acquisition Price to be intimated by the BPC, twenty (20) days prior to the Bid Deadline. The SPV (UNDER INCORPORATION), of which one hundred percent (100%) equity shares will be acquired by the Selected Bidder, shall be responsible as the TSP, for ensuring that it undertakes ownership, financing, development, design, engineering, procurement, construction, commissioning, operation and maintenance of the Project, and to provide Transmission Service as per the terms of the RFP Project Documents. The TSP shall ensure transfer of all project assets along with substation land, right of way and clearances to CTU or its successors or an agency as decided by the Central Government after 35 years from COD of project at zero cost and free from any encumbrance and liability. The transfer shall be completed within 90 days after 35 years from COD of project failing which CTU shall be entitled to take over the project assets Suo moto. 1.6 Brief Scope of Work 1.6.1 Scope of Transmission Service Provider The TSP’s scope of work for the Project shall comprise, but not necessarily be limited to the following: 1.6.1.1 Establishment, operation and maintenance of the Project on build, own, operate and transfer basis and completion of all the activities for the Project, including survey, detailed project report formulation, arranging finance, project management, necessary Consents, Clearances and PFC CONSULTING LIMITED 17RFP for Selection of Bidder as Transmission Service Provider Permits (way leave, environment & forest, civil aviation, railway/ road/ river/ canal/ power crossing/ PTCC, etc.), land compensation, design, engineering, equipment, material, construction, erection, testing & commissioning. Further, the actual location of Greenfield Substation (Switching Station or HVDC Terminal or Inverter Station) in the scope of TSP:  For Generation Pooling Substation shall not be beyond 3 Km radius of the location proposed by BPC in their survey report.  For Load Serving Substation within the scope of TSP shall not be beyond 5 Km radius of the location proposed by the BPC in their Survey Report.  For an Intermediate Substation shall not be beyond 10 Km radius of the location proposed by the BPC in their Survey Report. 1.6.1.2 The TSP shall ensure that design, construction and testing of all equipment, facilities, components and systems of the Project shall be in accordance with Transmission Service Agreement and applicable Rules/ Regulations, Orders and Guidelines issued by the Central Government. 1.6.1.3 The TSP shall ensure timely completion of entire scope of Project in all respects and its operation and maintenance, as shall be specified in the RFP documents. 1.6.1.4 The TSP shall seek Transmission License from the Commission, as per the provisions of the Electricity Act and regulations made thereunder. 1.6.1.5 The TSP shall seek approval under Section 164 of Electricity Act, from CEA after acquisition of SPV (UNDER INCORPORATION). The approval shall be granted by CEA generally within 30 days but in no case later than 45 days from the date of receipt of application (complete in all aspects). 1.6.2 Scope of Bid Process Coordinator (BPC) BPC’s scope of work is briefly outlined hereunder: 1.6.2.1 The BPC has initiated development of the Project and shall be responsible for the tasks in this regard as specified hereunder: 1. Provide to the Bidders a Survey Report for the Project at least forty five (45) days prior to the Bid Deadline. The Survey Report shall include the suggested route with approximate route length, type of terrain likely to be encountered and its likely implication in terms of Right of Way (ROW), statutory clearances, location of substations or converter stations and land area to be acquired for the substation or converter station. 2. To obtain approval for laying of overhead transmission lines under Section 68 of Electricity Act, from the Government at least twenty (20) days prior to Bid Deadline. 3. To initiate acquisition of land for location specific substations, switching stations or HVDC terminal or inverter stations, if required. 4. To initiate process of seeking forest clearance, if required. 5. The BPC shall intimate to the Bidders, the Acquisition Price payable by the Selected Bidder to the PFC Consulting Limited for the acquisition of one hundred percent (100%) of the equity shareholding of SPV (UNDER INCORPORATION), along with all its related assets and liabilities at least twenty (20) days prior to the Bid Deadline. PFC CONSULTING LIMITED 18RFP for Selection of Bidder as Transmission Service Provider 6. The BPC shall ensure issuance of all finalized RFP Project Documents, at least fifteen (15) days prior to the Bid Deadline. Provided that for any delay in meeting the above obligations of the BPC within the specified time period above, the Bid Deadline as per Clause 2.7.1 shall be extended on a day for day basis. 1.6.2.2 The details and documents as may be obtained by the BPC/ project specific SPV in relation to the Project shall be handed over to the TSP on an as-is-where-is basis, so that it may take further actions to obtain Consents, Clearances and Permits. 1.7 All costs (including direct and indirect) incurred by the BPC/ project specific SPV in connection with the activities concerning the Project shall be recovered from the TSP, which shall be included in the Acquisition Price. 1.8 The Project is required to be completed progressively in accordance with the schedule prescribed in this RFP. 1.9 A company under the Companies Act, 2013 by the name SPV (UNDER INCORPORATION) has been incorporated to initiate the activities for execution of the Project. The said company shall be acquired by the successful Bidder as per terms and conditions as may be prescribed in RFP. 1.10 The Ministry of Power and the appropriate state government(s) shall provide their support to the TSP, on best endeavor basis, in enabling the TSP to develop the Project. 1.11 All Bidders are required to submit their Bid in accordance with the instructions set forth in this RFP. 1.12 Once the Successful Bidder is selected, the details and documents as may be obtained by the BPC/ project specific SPV in relation to the Project, shall be handed over to the Successful Bidder on as is where basis, so that it may take further actions to obtain all necessary Consents, Clearances and Permits and the TSP shall not be entitled for any extensions in the Scheduled COD of the Project except as provided for in the TSA. 1.13 The assets of the Project shall be made available on a commercial basis as per the terms and conditions of the Transmission Service Agreement and Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations as amended from time to time. PFC CONSULTING LIMITED 19RFP for Selection of Bidder as Transmission Service Provider SECTION - 2 INFORMATION AND INSTRUCTIONS FOR BIDDERS PFC CONSULTING LIMITED 20RFP for Selection of Bidder as Transmission Service Provider SECTION – 2 2. INFORMATION AND INSTRUCTIONS FOR BIDDERS 2.1 Qualification Requirements 2.1.1 The Bidder should be a company duly incorporated under the relevant laws (Bidding Company) or a Consortium of companies (Bidding Consortium) with one of the companies acting as the Lead Member of the Bidding Consortium. The Bidder shall be selected on meeting the Qualification Requirements specified in Section 2 of this RFP, as demonstrated by the Bidder’s Technical Bid and the lowest Quoted Transmission Charges discovered from Final Offers quoted during the e- reverse bidding. A Bidding Consortium can participate in the bidding process for the Project if any Member of the Consortium has purchased the RFP document for such Project. Bidder who agrees and undertake to procure the products associated with the Transmission System as per provisions of Public Procurement (Preference to Make in India) Orders No. P45021/2/2017-PP (BE-II)-Part (4) Vol.II dated 19.07.2024 for transmission sector, as amended from time to time read with Department for Promotion of Industry and Internal Trade (DPIIT) orders in this regard, shall be eligible hereunder. Further, it is clarified that Procuring Entity as defined in orders shall deemed to have included Selected Bidder and/ or TSP. Besides, Department of Expenditure, Ministry of Finance vide OM No. F.7/10/2021-PPD (1) dated 23.02.2023, as amended from time to time, have issued directions regarding public procurement from a bidder of a country, which shares land border with India are also applicable. 2.1.2 Technical requirement to be met by the Bidding Company or Lead Member of Bidding Consortium The Bidder must fulfill any one of the following technical requirements: (i) Experience of development of projects in the Infrastructure Sector in the last five (5) years with aggregate capital expenditure of not less than Rs.1,140 Crore (Rupees One Thousand One Hundred and Forty Crore Only) or equivalent USD (calculated as per provisions in Clause 3.4.1). However, the capital expenditure of each project shall not be less than Rs.228 Crore (Rupees Two Hundred and Twenty Eight Crore Only) or equivalent USD (calculated as per provisions in Clause 3.4.1). For this purpose, capital expenditure incurred on projects that have been commissioned/ completed at least seven (7) days prior to Bid Deadline shall be considered. The capital expenditure discussed above shall be as capitalized and reflected in the audited books of accounts of the Technically Evaluated Entity. In case a clearly identifiable part of a project has been put into commercial operation, the capital expenditure on such part of the project shall be considered. The Technically Evaluated Entity must have either executed such projects itself or must have held directly or indirectly at least twenty six percent (26%) of the shareholding in the company that has executed the project(s) from the date of financial closure of the project(s) till the time of commissioning/completion of such project(s). OR (ii) Experience in construction of project in infrastructure sector: The Technically Evaluated Entity should have received aggregate payments not less than Rs.1,140 Crore (Rupees One Thousand One Hundred and Forty Crore Only) or equivalent USD (calculated as per PFC CONSULTING LIMITED 21RFP for Selection of Bidder as Transmission Service Provider provisions in Clause 3.4.1) from its client(s) for construction works fully completed during the last 5 (five) financial years. However, the payment received from each project shall not be less than Rs.228 Crore (Rupees Two Hundred and Twenty Eight Crore Only) or equivalent USD (calculated as per provisions in Clause 3.4.1). For this purpose, payments received on projects that have been commissioned/ completed at least seven (7) days prior to Bid Deadline shall be considered. Further only the payments (gross) actually received, during such 5 (five) financial years shall qualify for purposes of computing the technical capacity. For the avoidance of doubt, construction works shall not include cost of land, supply of goods or equipment except when such goods or equipment form part of a turn-key construction contract/ EPC contract for the project. Further, in cases where different individual contracts are signed between same entities for the same project, the cumulative payments received under such individual contracts shall be considered for meeting the qualification requirement. The Technically Evaluated Entity may be the Bidding Company or the Lead Member of a Consortium or an Affiliate or Parent of such Bidding Company or the Lead Member, as the case may be. Bidders shall furnish documentary evidence duly certified by authorized signatory of the Bidder who has been issued Power of Attorney in support of their technical capability as defined in Clause 2.1.2 of this RFP. 2.1.3 Financial requirement to be met by the Bidding Company/Bidding Consortium 2.1.3.1 The Bidder must fulfill following financial requirements: A. Networth: Networth should be not less than Rs.456 Crore (Rupees Four Hundred and Fifty Six Crore Only) or equivalent USD (calculated as per provisions in Clause 3.4.1) computed as the Networth based on unconsolidated audited annual accounts (refer to Note below) of any of the last three (3) financial years as provided in Clause 2.2.3, immediately preceding the Bid Deadline. Also, the Networth of any of the last three (3) financial years should not be negative. Note: Audited consolidated annual accounts of the Bidder may be used for the purpose of financial criteria provided the Bidder has at least 26% equity in each company whose accounts are merged in the audited consolidated accounts and provided further that the financial capability of such companies (of which accounts are being merged in the consolidated accounts) shall not be considered again for the purpose of evaluation of the Technical Bid. Bidders shall furnish prescribed Annexure 7(A) duly certified by authorized signatory of the Bidder who has been issued Power of Attorney and the Statutory Auditor and separate computation sheet for Networth duly certified by Statutory Auditor in support of their financial capability as defined in Clause 2.1.3 of this RFP. 2.1.3.2 The Net worth shall be computed in the following manner by the Bidder: A. Networth = Equity share capital Add: Reserves Subtract: Revaluation Reserves Subtract: Intangible Assets Subtract: Miscellaneous expenditures to the extent not written off and carry forward losses PFC CONSULTING LIMITED 22RFP for Selection of Bidder as Transmission Service Provider 2.1.3.3 If the Technical Bid is submitted by a Bidding Consortium the financial requirement shall be met individually and collectively by all the Members in the Bidding Consortium. The financial requirement to be met by each Member of the Bidding Consortium shall be computed in proportion to the equity commitment made by each of them for investment in the Project. 2.1.4 The Bidder may seek qualification on the basis of technical and financial capability of its Parent and/ or its Affiliate(s) for the purpose of meeting the Qualification Requirements. However, in the case of the Bidder being a Consortium, the Lead Member has to meet the technical requirement on its own or by seeking the technical capability of its Parent and/or its Affiliate(s). Authorization for use of such technical or financial capability shall have to be provided from its Parent and/or Affiliate(s) as per Annexure 9. The technical and financial capability of a particular company/ particular project, including its Parents and/or Affiliates, shall not be used directly or indirectly by more than one Bidder/ Member of a Bidding Consortium/ Bidding Company. However, development and construction experience of a particular project may be used by more than one company. The determination of the relationship of Parent or Affiliate with the Bidding Company or with the Member of the Bidding Consortium, including the Lead Member, shall be on the date at the most seven (7) days prior to the last date of submission of the Bid. Documentary evidence to establish such relationship shall be furnished by the Bidder along with the Technical Bid. If the Technically Evaluated Entity and/or Financially Evaluated Entity is an entity other than the Bidding Company or a Member in a Bidding Consortium, the Bidding Company or Member relying on such Technically Evaluated Entity and/or Financially Evaluated Entity will have to submit a legally binding undertaking supported by a board resolution from the Technically Evaluated Entity and/or Financially Evaluated Entity or its Ultimate Parent Company, that all the equity investment obligations of the Bidding Company or the Member of the Consortium shall be deemed to be equity investment obligations of the Technically Evaluated Entity and/or Financially Evaluated Entity or its Ultimate Parent Company, and in the event of any default the same shall be met by such evaluated entity or by or the Ultimate Parent Company. The Bidding Company or the Consortium Member shall have to provide information and documents relating to its relationship with such Technically Evaluated Entity and/or Financially Evaluated Entity including details about the equity shareholding between them as per Annexure 7(C). 2.1.5 A Bidder shall submit only one Bid in the same bidding process, either individually as Bidding Company or as a Member of a Bidding Consortium (including the Lead Member). It is further clarified that any of the Parent/ Affiliate/Ultimate Parent of the Bidder/ Member in a Bidding Consortium shall not separately participate directly or indirectly in the same bidding process. Further, if any Bidder is having a Conflict of Interest with other Bidders participating in the same bidding process, the Bids of all such Bidders shall be rejected. 2.1.6 Notwithstanding anything stated above, BPC reserves the right to verify the authenticity of the documents submitted for meeting the Qualification Requirements and request for any additional information and documents. BPC reserves the right at its sole discretion to contact the Bidder’s bank and project references and verify the Bidder’s information and documents for the purpose of bid evaluation. 2.1.7 The Qualified Bidder(s) will be required to continue to maintain compliance with the Qualification Requirements throughout the bidding process and till execution of the Transmission Service Agreement. Where the Technically Evaluated Entity and/or the Financially Evaluated Entity is not the Bidding Company or a Member in a Bidding Consortium, as the case may be, the Bidding Company or Member shall continue to be an Affiliate of the Technically Evaluated Entity and/or Financially Evaluated Entity till the execution of the Transmission PFC CONSULTING LIMITED 23RFP for Selection of Bidder as Transmission Service Provider Service Agreement. Failure to comply with the aforesaid provisions shall make the Bid liable for rejection at any stage. 2.1.8 The Selected Bidder will be required to continue to maintain compliance with the Qualification Requirements till the COD of the Project. Where the Technically Evaluated Entity and/or the Financially Evaluated Entity is not the Bidding Company or a Member in a Bidding Consortium, as the case may be, the Bidding Company or Member shall continue to be an Affiliate of the Technically Evaluated Entity and/or Financially Evaluated Entity till the COD of the Project. Failure to comply with the aforesaid provisions shall be dealt as per provisions of Transmission Service Agreement. 2.1.9 On the Bid Deadline, for the Bidder to be eligible to participate in the bidding process: a. the Bidder & any of its Affiliate including any Consortium Member & any of its Affiliate, their directors or key personnel should not have been barred or included in the blacklist by any government agency or authority in India, the government of the jurisdiction of the Bidder or Members where they are incorporated or the jurisdiction of their principal place of business, any international financial institution such as the World Bank Group, Asian Development Bank, African Development Bank, Inter-American Development Bank, Asian Infrastructure Investment Bank etc. or the United Nations or any of its agencies; or b. the Bidder & any of its Affiliate including any Consortium Member & any of its Affiliate or their directors should not have been convicted of any offence in India or abroad. In case any investigation is pending against the Bidder, including any Consortium Member or Affiliate, or CEO or any of the directors/ manager/key managerial personnel of the Bidder /Consortium /Member or their Affiliates, full details of such investigation including the name of the investigating agency, the charge/offence for which the investigation has been launched, name and designation of persons against whom the investigation has been launched and other relevant information should be disclosed while submitting the Bid. The Bidders shall confirm the above though a notarized affidavit as per Annexure 22. 2.2 Submission of Bid by the Bidder 2.2.1 The information and documents in Technical Bid will be submitted by the Bidder as per the formats specified in Section – 4 (Formats for RFP) of this document. 2.2.2 Strict adherence to the formats wherever specified, is required. Wherever, information has been sought in specified formats, the Bidder shall refrain from referring to brochures/ pamphlets. Non- adherence to formats and/ or submission of incomplete information may be a ground for declaring the Technical Bid as non-responsive. Each format has to be duly signed and stamped by the authorized signatory of Bidder. 2.2.3 The Technical Bid shall contain unconsolidated/consolidated audited annual accounts (consisting of unabridged Balance Sheet, Profit and Loss Account, profit appropriation account, Auditors Report, etc.), as the case may be, of Bidding Company or each Member in Consortium including Lead Member or the Financially Evaluated Entity for the last three (3) financial years immediately preceding the last date for submission of Bid for the purpose of calculation of Networth. In case the annual accounts for the financial year immediately preceding the Bid Deadline is not audited, the Bidder shall give declaration in this regard duly certified by its statutory auditor. In such a case, the Bidder shall provide the audited annual accounts for the three (3) financial years preceding the financial year as above for which the annual accounts have not been audited. PFC CONSULTING LIMITED 24RFP for Selection of Bidder as Transmission Service Provider 2.2.4 Bid submitted by a Bidding Consortium: 2.2.4.1 The Technical Bid shall contain a legally enforceable Consortium Agreement entered amongst the Members in the Bidding Consortium, designating one of the Members to be the Lead Member (as per Annexure 6). There shall be only one Lead Member which shall continue to hold twenty six percent (26%) equity in the TSP and cannot be changed upto one (1) year from the Commercial Operation Date (COD) of the Project. Each Member in Bidding Consortium shall duly sign the Consortium Agreement making it liable for raising the required funds for its respective equity investment commitment as specified in the Consortium Agreement. In absence of Consortium Agreement, the Technical Bid will not be considered for evaluation and will be rejected. Provided that the Lead Member of the Bidding Consortium will be required to be liable to the extent of 100% of the total proposed commitment of equity investment of the Bidding Consortium i.e. for both its own equity contribution as well as the equity contribution of other Members. Provided further that the Consortium Agreement shall not be amended without the explicit approval of the BPC. The Lead Member of the Consortium will be the single point of contact for the purposes of the bid process before the date of signing of Share Purchase Agreement. Settlement of any dispute amongst the Consortium Members shall not be the responsibility of the BPC and/or the CTU and the BPC and/or the CTU shall not bear any liability whatsoever on this account. 2.2.4.2 The Lead Member should designate at the most two persons to represent the Consortium in its dealings with the BPC. The person(s) designated by the Lead Member should be authorized through a Power of Attorney (as per Annexure 3) to perform all tasks including, but not limited to providing information, responding to enquiries, signing of Technical Bid on behalf of the Consortium, etc. The Bidding Consortium shall provide board resolutions from their respective Boards for committing their respective portion of equity requirement for the Project. Additionally, the Lead member shall provide a Board resolution committing to make good any shortfall in the equity for the project, in case of any member not meeting its equity commitment. 2.2.4.3 The Technical Bid should also contain signed Letter of Consent (as per Annexure 2) from each Member in Consortium confirming that the entire Technical and Financial Bids has been reviewed and each element of the Technical and Financial Bids is agreed to by them including investment commitment for the Project. In addition, the Technical Bid should also contain Board Resolution from each Member of the Consortium other than the Lead Member in favour of their respective authorized representatives for executing the POA, Consortium Agreement and signing of the requisite formats. 2.2.5 Bid submitted by a Bidding Company 2.2.5.1 The Bidding Company should designate at the most two persons to represent the Bidding Company in its dealings with BPC. The person(s) should be authorized to perform all tasks including, but not limited to providing information, responding to enquiries, signing of Technical and Financial Bids etc. The Bidding Company should submit, along with Technical Bid, a Power of Attorney (as per Annexure 3), authorizing the signatory of the Technical and Financial Bids. The Bidding Company shall submit the board resolution committing 100% of equity requirement for the Project, in the Technical Bid. 2.3 Clarifications & Pre-Bid Meeting PFC CONSULTING LIMITED 25RFP for Selection of Bidder as Transmission Service Provider 2.3.1 The Bidders may seek clarifications or suggest amendments to the RFP by sending an email to the BPC at the email id indicated in Clause 2.14 within the date and time mentioned in Clause 2.7.2. For any such clarifications or amendments, the Bidders should adhere to the format as per Annexure – 19. 2.3.2 Only those Bidders or their authorized representatives, who have purchased the RFP documents, are invited to attend the pre-bid meeting(s), which will take place on date as specified in Clause 2.7.2, or any such other date as notified by the BPC. The time and address of this would be intimated later. 2.3.3 The purpose of the pre-bid meeting will be to clarify any issues regarding the RFP, including in particular, issues raised in writing by the Bidders as per the provisions of Clause 2.3.1. 2.3.4 Non-attendance at the pre-bid meeting will not be a cause for disqualification of a Bidder. 2.3.5 The BPC is not under any obligation to entertain / respond to suggestions made or to incorporate modifications sought for. 2.3.6 In case Bidders need any further clarifications not involving any amendments in respect of final RFP, they should ensure that request for such clarification is submitted through e-mail to the BPC at least ten (10) days prior to the Bid Deadline as mentioned in Clause 2.7.1. The BPC may issue clarifications only, as per its sole discretion, which is considered reasonable by it. Any such clarification issued shall be sent to all the Bidders to whom the RFP has been issued. Clarifications sought after this date shall not be considered in any manner and shall be deemed not to have been received. There shall be no extension in Bid Deadline on account of clarifications sought as per this clause 2.3.6. 2.4 Amendment of RFP 2.4.1 At any time before the timeline mentioned in Clause 2.7.1, the BPC may, for any reason, whether at its own initiative or in response to clarifications requested by any Bidder modify or amend the RFP, including the timelines specified in Clause 2.7.2 by issuance of addendum/modification/errata and/or revised document. Such document shall be notified in writing through a letter or fax or e-mail to all the entities to whom the RFP has been issued and shall be binding on them. In order to ensure that Bidders have reasonable time to take the modification into account in preparing their Bid, or for any other reasons, BPC may at its discretion, extend the due date for submission of Bid. Late receipt of any addendum/modification/errata and/or revised document will not relieve the Bidder from being bound by that modification. 2.4.2 All modifications shall become part of the terms and conditions of this RFP. No interpretation, revision or communication regarding this RFP is valid, unless made in writing. 2.4.3 The amendment to the RFP shall be notified to all the Bidders through the electronic bidding platform and shall be binding on them. 2.5 The Bidding Process The entire bidding process shall be conducted on electronic bidding platform created by MSTC Limited. The Bid shall comprise of the Technical Bid and the Financial Bid. The Bidders shall submit the Technical Bid & Financial Bid through the electronic bidding platform. In addition to the online submission, the Bidder with lowest Final Offer will be required to submit original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14/14A/14B before issuance of LoI. There shall be no physical submission of the Financial Bid. PFC CONSULTING LIMITED 26RFP for Selection of Bidder as Transmission Service Provider Evaluation of Technical Bid will be carried out considering the information and documents furnished by the Bidders as required under this RFP. This step would involve responsiveness check, technical and financial evaluation of the details/ documents furnished by the Bidding Company / Bidding Consortium in support of meeting the Qualification Requirements. Bidders meeting the Qualification Requirements, subject to evaluation as specified in Clause 3.2 to 3.4 shall be declared as “Qualified Bidders” and eligible for opening of Initial Offer. The BPC shall also upload the list of all Qualified Bidders and Non-Qualified Bidders on the bidding portal along with the reasons for non-qualification. Also, the Financial Bids of Qualified Bidders shall be opened after at least 24 hours from the date of declaration of the Technically Qualified Bidders. The Financial Bid will comprise of two rounds. In the first round the Initial Offer (submitted online along with the Technical Bids) of the responsive bids would be opened and Quoted Transmission Charges of Initial Offer shall be ranked on the basis of ascending order for determination of the Qualified Bidders as provided in Section-III of RFP. The Qualified Bidders, in the first fifty per cent of the ranking (with any fraction rounded off to higher integer) or four Qualified Bidders, whichever is higher, shall qualify for participating in the electronic reverse auction stage and submit their Final Offer. Provided however, in case only one Bidder remains after the evaluation of Technical Bid as per Clause 3.2, 3.3 and Clause 3.4, the Initial Offer of such Bidder shall not be opened and the matter shall be referred to the Government. Provided that in the event the number of qualified Technical Bids is between two and four, then each of the qualified Bidder shall be considered as “Qualified Bidders”. Provided that in the event of identical Quoted Transmission Charges discovered from the Initial Offer having been submitted by one or more Bidders, all such Bidders shall be assigned the same rank for the purposes of determination of Qualified Bidders. In such cases, all the Qualified Bidders who share the same rank till 50% of the rank (with any fraction rounded off to higher integer) determined above, shall qualify to participate in the electronic e-reverse auction stage. In case 50% of the ranks (with any fraction rounded off to higher integer) is having less than 4 (four) Bidders and the rank of the fourth (4th) Bidder is shared by more than one (1) Bidder, then all such Bidders who share the rank of the fourth (4th) Bidder shall qualify to participate in the electronic reverse auction. The applicable ceiling for electronic reverse bidding shall be the lowest Quoted Transmission Charges discovered from the Initial Offer received from the Qualified Bidders. The Qualified Bidders shall be permitted to place their Final Offer on the electronic bidding platform, which is lower than zero point two five (0.25) % of the prevailing lowest Quoted Transmission Charges. The initial period for conducting the e-reverse bidding should be 2 hours which will be extended by 30 minutes from the last received bid time, if the bid is received during the last 30 minutes of the scheduled or extended bid time. Subsequently, it will be extended again by 30 minutes from the latest received bid time. The technical details with respect to access to such electronic platform are provided in Annexure- A (Technical Details with respect to electronic reverse auction). In case of any technical clarification regarding access to the electronic reverse auction platform or conduct of the auction process, the Bidders may contact MSTC directly at the address provided in Annexure-A. PFC CONSULTING LIMITED 27RFP for Selection of Bidder as Transmission Service Provider 2.5.1 Bid Formats The Bids in response to this RFP will be submitted online through the electronic bidding platform by the Bidders in the manner provided in Clause 2.9. The Bids shall comprise of the following: 2.5.2 Technical Bid comprising of: 1. Covering Letter (as per prescribed format enclosed as Annexure 1); 2. Letter of Consent from Consortium Members in Annexure 2; 3. Power of attorney issued by the Bidding Company or the Lead Member of the Consortium, as the case may be, in favour of the person signing the Bid, in the format attached hereto as Annexure 3. Additionally, in case of a Bidding Consortium, the power of attorney in favour of the Lead Member issued by the other Members of the Consortium shall be provided in as per format attached hereto as Annexure 4. Further, the Lead Member shall furnish Board resolution(s) from each Member of the Consortium other than the Lead Member in favour of their respective authorized representatives for executing the POA and signing of the requisite formats. Provided that in the event the Bidding Company or the Lead Member of the Consortium or any Member of the Bidding Consortium, as the case may be, is a foreign entity, it may issue Board resolutions in place of power of attorney for the purpose of fulfilling these requirements. 4. Bidder’s composition and ownership structure in Annexure 5 5. Format for Authorization submitted in Non-Judicial stamp paper duly notarized as per Annexure 5 from the Bidding Company / each Member of the Consortium authorizing the BPC to seek reference from their respective bankers & others. 6. In case of Bidding Consortium, the Consortium Agreement shall be provided in as per format attached hereto as Annexure 6 7. Format of Qualification Requirement (Annexures 7A, 7B, 7C and 7D) 8. Bidders Undertakings and details of equity investment in Project (as per prescribed formats 1 and 2 of Annexure 8); 9. Authorization from Parent / Affiliate of Bidding Company / Member of Bidding Consortium whose technical / financial capability has been used by the Bidding Company / Member of Bidding Consortium (Annexure 9). 10. Undertaking from the Technically / Financially Evaluated Entity(ies) OR Undertaking from the Ultimate Parent Company, for total equity investment commitment, in the prescribed format in Annexure – 10, to meet any shortfall in the equity investment by the Selected Bidder in the SPV (UNDER INCORPORATION). Note: The effective Equity holding of the Selected Bidder in the SPV (UNDER INCORPORATION), as specified in Clause 2.5.8.1 shall be computed as per the provisions of Clause 2.5.8.3 of this RFP. PFC CONSULTING LIMITED 28RFP for Selection of Bidder as Transmission Service Provider Provided further, in case the Bidding Company or Member of a Consortium, (as the case may be) holds at least twenty six percent (26%) equity in such Technically/ Financially Evaluated Entities, whose credentials have been considered for the purpose of meeting the Qualification Requirements as per the RFP, no such Undertaking shall be required from the Technically / Financially Evaluated Entities. 11. Board resolutions, as per prescribed formats enclosed as Annexure – 11, duly certified by the Company Secretary or any Whole-time Director / Manager (supported by a specific Board Resolution), as applicable to the Bidder and mentioned hereunder, (a) Board resolution from the Bidding Company (and any investing Affiliate / Parent Company / Ultimate Parent Company) committing one hundred percent (100%) in aggregate of the equity requirement for the Project - Format-1 of Annexure 11; (b) Board resolutions from each of the Consortium Member of the Bidding Consortium (and any investing Affiliate / Parent Company / Ultimate Parent Company) together committing to one hundred percent (100%) in aggregate of equity requirement for the Project, in case Bidder is a Bidding Consortium - Format-1 of Annexure 11; (c) In either of the cases as in (a) or (b) above as applicable, Board resolutions as per Format 2 of Annexure 11 for total equity investment commitment from the Technically / Financially Evaluated Entity(ies) whose technical / financial credentials had been considered for the purpose of meeting Qualification Requirements as per the RFP OR Board resolutions as per Format 2 of Annexure 11 from the Parent Company or the Ultimate Parent Company for total equity investment commitment. Provided that such Board resolutions, as specified in (a) or (b) or (c) above, in case of a foreign entity, shall be supported by an unqualified opinion issued by an independent legal counsel practicing in the relevant country, stating that the Board resolutions are in compliance with the applicable laws of the respective jurisdictions of the issuing company and the authorizations granted therein are true and valid. For clarity sake, illustrations identifying which Board Resolution shall be applicable in typical cases are provided in Annexure 11A. 12. Format for Illustration of Affiliates at the most seven (7) days prior to Bid Deadline, duly certified by Company Secretary and supported by documentary evidence (Annexure 12). Certified copy of the Register of Members / Demat Account Statement, Share Certificate, Annual Return filed with ROC etc. submitted as documentary evidence along with Annexure 12. 13. Disclosure as per Annexure 13 regarding participation of any related companies in this bidding process. 14. Bid Bond, as per the prescribed format at Annexure 14/14A/14B. 15. Checklist for Technical Bid submission requirements as per Annexure 16. PFC CONSULTING LIMITED 29RFP for Selection of Bidder as Transmission Service Provider 16. Last three (3) financial years’ unconsolidated / consolidated audited annual accounts / statements, as the case may be, of the Financially Evaluated Entity / Technical Evaluated Entity. 17. Unconsolidated audited annual accounts of both the TEE and the Bidding Company/Lead member, as applicable, for the financial years in which financial closure was achieved and the financial year in which the said project was completed / commissioned. 18. Copy of the Memorandum and Articles of Association and certificate of incorporation or other organizational document (as applicable), including their amendments, certified by the Company Secretary of Bidding Company or each Member in case of a Consortium including Lead Member. 19. For each project listed in Annexure 7(D), certified true copy of the certificates of final acceptance and / or certificates of good operating performance duly issued by owners or clients for the project, duly signed by authorized signatory. In addition to the online submission of above formats through the electronic platform, the Bidder with lowest Final Offer will be required to submit original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14/14A/14B before issuance of LoI. In case, there is a discrepancy between the online submission and physical documents, the bid would be out rightly rejected and the bidder shall be construed to have engaged in the fraudulent practice as defined in Clause 2.19.3 with consequences as mentioned in Clause 2.19.2. 2.5.3 Financial Bid (as per prescribed format at Annexure-21) Financial Bid shall comprise of: (i) the Initial Offer; and (ii) the Final Offer. The Initial Offer is required to be submitted along with the Technical Bid. It is hereby clarified that the Financial Bid will comprise of two rounds. In the first round the Initial Offer of the responsive bids would be opened and Quoted Transmission Charges of Initial Offer shall be ranked on the basis of ascending order for determination of the Qualified Bidders as provided in Section-III of RFP. In accordance with clause 2.5 of this RFP, the qualified Bidders shall be eligible to participate in the electronic reverse auction and submit their Final Offer. The applicable ceiling for electronic reverse bidding shall be the lowest Quoted Transmission Charges discovered from the Initial Offer received from the Qualified Bidders. The Qualified Bidders shall be permitted to place their Final Offer on the electronic bidding platform, which is lower than zero point two five (0.25) % of the prevailing lowest Quoted Transmission Charges. The initial period for conducting the e-reverse bidding should be 2 hours which will be extended by 30 minutes from the last received bid time, if the bid is received during the last 30 minutes of the scheduled or extended bid time. Subsequently, it will be extended again by 30 minutes from the latest received bid time. The Bidders shall inter-alia take into account the following while preparing and submitting the Initial Offer and Final Offer of Financial Bid:- a. The Bidders shall quote single annual Quoted Transmission Charges for a period of 35 years commencing from the Scheduled COD of the Project. b. The Quoted Transmission Charges as per the format at Annexure-21 shall be inclusive of all charges and no exclusions shall be allowed. The Bidders shall take into account all costs including capital and operating, statutory taxes, duties, levies. Availability of the inputs necessary for operation and maintenance of the Project should be ensured by the PFC CONSULTING LIMITED 30RFP for Selection of Bidder as Transmission Service Provider TSP at the Project site and all costs involved in procuring the inputs (including statutory taxes, duties, levies thereof) at the Project site must be included in the Quoted Transmission Charges. c. Annexure 21 duly digitally signed by authorized signatory. 2.5.4 Wherever information has been sought in specified formats, the Bidders shall fill in the details as per the prescribed formats and shall refrain from referring to any other document for providing any information required in the prescribed format. 2.5.5 Transmission Charges 2.5.5.1 The Transmission Charges shall be specified in the Transmission Service Agreement and shall be payable to the TSP in Indian Rupees only. The Bidders shall quote single Transmission Charges as per the format at Annexure – 21. 2.5.5.2 The Transmission Charges of the Selected Bidder shall be inserted in Schedule 5 of the Transmission Service Agreement. 2.5.6 Bidders may note that: a) All the information and documents in Bid shall be submitted in English language only. b) Bidders shall mention the name, designation, telephone number, fax number, email address of the authorized signatory and complete address of the Bidder in the covering letter. c) All pages of the Bid submitted shall be initialed and stamped by the authorized signatory on behalf of the Bidder. d) A Bidder shall submit only one Bid in the same bidding process, either individually as Bidding Company or as a Member of a Bidding Consortium. e) The technical and financial capability of a particular company / particular project (Parent and/ or Affiliate) shall not be used directly or indirectly by more than one Bidder/ Member of a Bidding Consortium including Lead Member / Bidding Company. f) This Request for Proposal (RFP) document is not transferable. The RFP document and the information contained therein is for the use only by the Bidder to whom it is issued. It may not be copied or distributed by the recipient to third parties (other than in confidence to the recipient’s professional advisors). In the event that the recipient does not continue with its involvement in the Project, this RFP document must be kept confidential. g) Though adequate care has been taken while preparing this RFP document, the Bidder shall satisfy himself that the document is complete in all respects. Intimation of any discrepancy shall be given to the BPC immediately. If no intimation is received from any Bidder within ten (10) days from the date of issue of RFP document, it shall be considered that the RFP document is complete in all respects and has been received by the Bidder. h) Bids submitted by the Bidder and opened on scheduled date and time as stipulated in this RFP shall become the property of the BPC and BPC shall have no obligation to return the same to the Bidder. i) If any Bidder conceals any material information or makes a wrong statement or misrepresents facts or makes a misleading statement in its Bid, in any manner whatsoever, the BPC reserves the right to reject such Bid or cancel the Letter of Intent, if issued. If such PFC CONSULTING LIMITED 31RFP for Selection of Bidder as Transmission Service Provider event is discovered after the Effective Date, consequences specified in Transmission Service Agreement shall apply. j) If for any reason the Bid of the Bidder with the lowest Quoted Transmission Charges is not selected or Letter of Intent issued to such Selected Bidder is cancelled or such Bidder withdraws its Bids, the BPC may :- i. Invite all the remaining Bidders to revalidate or extend their respective Bid Security, as necessary, and match the Bid of the Bidder with the lowest Quoted Transmission Charges (the “second round of bidding”) with following cases: • If in the second round of bidding, only one Bidder matches the Bid of the Bidder with lowest Quoted Transmission Charges, it shall be the Selected Bidder. • If two or more Bidders match the Bid of the Bidder with the lowest Quoted Transmission Charges in the second round of bidding, then the Bidder whose Quoted Transmission Charges was lower as compared to other Bidder(s) in the first round of bidding shall be the Selected Bidder. For example, if the third and fifth lowest Bidders in the first round of bidding offer to match the Bid of the Bidder with lowest Quoted Transmission Charges in the second round of bidding, the said third lowest Bidder shall be the Successful Bidder. • In the event that no Bidder offers to match the Bid of the Bidder with the lowest Quoted Transmission Charges in the second round of bidding, the BPC may, in its discretion, invite fresh Bids (the “third round of bidding”) from all Bidders except the Bidder which quoted the lowest Quoted Transmission Charges in the first round of bidding. In case the Bidders are invited for the third round of bidding to revalidate or extend their Bid Security, as necessary, and offer fresh Bids, they shall be eligible for submission of fresh Bids provided, however, that in such third round of bidding only such Bids shall be eligible for consideration which are lower than the Quoted Transmission Charges of the second lowest Bidder in the first round of bidding; or; ii. Annul the bid process; or iii. Take any such measure as may be deemed fit in the sole discretion of the BPC1 k) The BPC may, at its sole discretion, ask for additional information / document and/or seek clarifications from a Bidder after the Bid Deadline, inter alia, for the purposes of removal of inconsistencies or infirmities in its Bid. However, no change in the substance of the Quoted Transmission Charges shall be sought or permitted by the BPC. l) Non submission and/or submission of incomplete data/ information required under the provisions of RFP shall not be construed as waiver on the part of BPC of the obligation of the Bidder to furnish the said data / information unless the waiver is in writing. m) Bidders shall familiarize itself with the procedures and time frames required to obtain all Consents, Clearances and Permits. n) All Bidders are required to ensure compliance with the standards and codes mentioned in Clause 1.6.1.2. o) BPC reserves the right to reject all Bids and/or annul the process of tariff based competitive bidding for selection of Bidder as TSP to execute the Project without assigning any reason. 1 BPC shall record reasons for the same. PFC CONSULTING LIMITED 32RFP for Selection of Bidder as Transmission Service Provider BPC shall not bear any liability, whatsoever, in this regard. p) Foreign companies submitting the Bid are required to follow the applicable law in their country for execution of POA, Consortium Agreement and affixation of Common Seal (wherever required) and in such cases, their Bid should be supported by an unqualified opinion issued by an independent legal counsel practicing in the relevant country, stating that execution of such POA, Consortium Agreement and the authorizations granted therein are true and valid. Foreign companies executing POA outside India shall necessarily pay the adequate stamp charges in India as per the provisions of Stamp Act. 2.5.7 Bidders to inform themselves fully 2.5.7.1. The Bidders shall make independent enquiry and satisfy themselves with respect to all the required information, inputs, conditions and circumstances and factors that may have any effect on his Bid. Once the Bidders have submitted their Bids, the Bidders shall be deemed to have inspected and examined the site conditions (including but not limited to its surroundings, its geological condition and the adequacy of transport facilities to the site), the laws and regulations in force in India, the transportation facilities available in India, the grid conditions, the adequacy and conditions of roads, bridges, railway sidings, ports, etc. for unloading and/or transporting heavy pieces of material and has based its design, equipment size and fixed its price taking into account all such relevant conditions and also the risks, contingencies and other circumstances which may influence or affect the transmission of power. Accordingly, each Bidder acknowledges that, on being selected as Successful Bidder and on acquisition of one hundred percent (100%) of the equity shares of the SPV (UNDER INCORPORATION), the TSP shall not be relieved from any of its obligations under the RFP Project Documents nor shall the TSP be entitled to any extension in Scheduled COD mentioned in this RFP or financial compensation for any reason whatsoever. 2.5.7.2. In their own interest, the Bidders are requested to familiarize themselves with all relevant laws of India, including without limitation, the Electricity Act 2003, the Income Tax Act 1961, the Companies Act, 1956 / Companies Act, 2013 (as the case may be), Environment Protection Act 1986 and Forest (Conservation) Act, 1980, the Customs Act, the Foreign Exchange Management Act, Land Acquisition Act, 1894, the Indian Telegraph Act 1885, Labour & Employment Laws of India, [Insurance Act] the regulations/standards framed by the Commissions and CEA, all other related acts, laws, rules and regulations prevalent in India, as amended from time to time. In addition to the above, the Bidders are required to familiarize themselves with all relevant technical codes and standards, including but not limited to the Grid Code / State Grid Code, Central Electricity Authority (Installation and Operations of Meters) Regulations, 2006, Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007, Central Electricity Regulatory Commission Grant of Connectivity, Long-term Access and Medium - Term Open Access in Inter-State Transmission and related matters) Regulations, 2009, Central Electricity Authority (Technical Standards for construction of Electrical Plants and Electric Lines) Regulation, 2010, Central Electricity Authority (Technical Standards for Communication System in Power System Operation) Regulations, 2020, Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations, 2020 and other relevant Rules/ Regulations/ Guidelines issued by the Central Government, the CERC and the CEA and amendments thereof. The BPC shall not entertain any request for clarifications from the Bidders regarding the above laws / acts / rules / regulations / standards. Non-awareness of the same shall not be a reason for the Bidder to request for extension in Bid Deadline. The Bidders undertake and agree that, before submission of their Bid, all such factors as generally brought out above, have been fully investigated and considered while submitting their Bids. PFC CONSULTING LIMITED 33RFP for Selection of Bidder as Transmission Service Provider 2.5.7.3. The Survey Report has been prepared in good faith, and on best endeavor basis. Neither BPC & Nodal Agency nor their employees or advisors/consultants make any representation or warranty, express or implied, or accept any responsibility or liability, whatsoever, in respect of any statements or omissions made in the Survey Report, or the accuracy, completeness or reliability of information contained therein, and shall incur no liability under any law, statute, rules or regulations as to the accuracy, reliability or completeness of such Survey Report, even if any loss or damage is caused to the Bidders by any act or omission on their part. 2.5.7.4. Bidders shall make best efforts and carry out its own due diligence upon survey report provided by BPC and shall consider all possible techno-commercial factors before submission of Bid. Bidders may also visit the route of the Transmission Lines associated with the Project and the surrounding areas and obtain / verify all information which they deem fit and necessary for the preparation of their Bid. Bidders may also carry out required surveys and field investigation for submission of their Bid. Bidders may also opt for any other route and is not bound to follow the route suggested in survey report provided by BPC. 2.5.7.5. Failure to investigate, examine and to inspect site or subsurface conditions fully shall not be grounds for a Bidder to alter its Bid after the Bid Deadline nor shall it relieve a Bidder from any responsibility for appropriately eliminating the difficulty or costs of successfully completing the Project. 2.5.7.6. The Selected Bidder shall obtain all necessary Consents, Clearances and Permits as required. The Bidders shall familiarize itself with the procedures and time frame required to obtain such Consents, Clearances and Permits. 2.5.7.7. The technical requirements of integrated grid operation are specified in the Indian Electricity Grid Code (IEGC). The Bidders should particularly acquaint themselves with the requirements of connection conditions, operating code for regional grids, scheduling and dispatch instructions/codes, etc. The Bidders are also advised to fully familiarize themselves with the real time grid conditions in the country. Information regarding grid parameters such as voltage and frequency is available on the websites of Regional / State Load Dispatch Centres. 2.5.8 Minimum Equity holding/Equity Lock-in 2.5.8.1 (a) The aggregate equity share holding of the Selected Bidder, in the issued and paid up equity share capital of SPV (UNDER INCORPORATION) shall not be less than Fifty one percent (51%) up to a period of (1) one year after COD of the Project; (b) In case the Selected Bidder is a Bidding Consortium, then any Member (other than the Lead Member) of such Bidding Consortium shall be allowed to divest its equity as long as the other remaining Members (which shall always include the Lead Member) hold the minimum equity specified in (a) above. (c) If equity is held by the Affiliates, Parent Company or Ultimate Parent Company, then subject to the second proviso of this Clause 2.5.8.1 (c), such Affiliate, Parent Company or Ultimate Parent Company shall be permitted to transfer its shareholding in SPV (UNDER INCORPORATION) to another Affiliate or to the Parent Company / Ultimate Parent Company. If any such shareholding entity, qualifying as an Affiliate / Parent Company / Ultimate Parent Company, is likely to cease to meet the criteria to qualify as an Affiliate / Parent Company / Ultimate Parent Company, the shares held by such entity shall be transferred to another Affiliate / Parent Company / Ultimate Parent Company. PFC CONSULTING LIMITED 34RFP for Selection of Bidder as Transmission Service Provider Provided that in case the Lead Member or Bidding Company is holding equity through Affiliate/s, Ultimate Parent Company or Parent Company, such restriction shall apply to such entities. Provided further, that the aggregate equity share holding of the Bidding Consortium or a Bidding Company in the issued and paid up equity share capital of SPV (UNDER INCORPORATION) shall not be less than fifty one percent (51%) up to a period of one (1) year after COD of the Project and the lead Member of the Consortium shall have the equity share holding not less than twenty six percent (26%). In case the Selected Bidder is a Bidding Consortium, then any Member (other than the Lead Member) of such Bidding Consortium shall be allowed to divest its equity as long as the other remaining Members (which shall always include the Lead Member) hold the minimum equity specified in (a) above. (d) All transfer(s) of shareholding of SPV (UNDER INCORPORATION) by any of the entities referred to above, shall be after prior written intimation to the Nodal Agency. 2.5.8.2 The Selected Bidder may invest in the equity share capital of SPV (UNDER INCORPORATION) through its Affiliate(s) or Ultimate Parent Company or Parent Company. Details of such investment will have to be specified in the Technical Bid as per Format 2 of Annexure 8 of the RFP. If the Selected Bidder so invests through any Affiliate(s) or Ultimate Parent Company or Parent Company, the Selected Bidder shall be liable to ensure that minimum equity holding/lock- in limits specified in Clause 2.5.8.1 and as computed as per the provisions of Clause 2.5.8.3 are still maintained. 2.5.8.3 For computation of effective Equity holding, the Equity holding of the Selected Bidder or its Ultimate Parent Company in such Affiliate(s) or Parent Company and the equity holding of such Affiliate (s) or Ultimate Parent Company in SPV (UNDER INCORPORATION) shall be computed in accordance with the example given below: If the Parent Company or the Ultimate Parent Company of the Selected Bidder A directly holds thirty percent (30%) of the equity in SPV (UNDER INCORPORATION) then holding of Selected Bidder A in SPV (UNDER INCORPORATION) shall be thirty percent (30%); If Selected Bidder A holds thirty percent (30%) equity of the Affiliate and the Affiliate holds fifty percent (50%) equity in SPV (UNDER INCORPORATION), then for the purposes of ascertaining the minimum equity/equity lock-in requirements specified above, the effective holding of Bidder A in SPV (UNDER INCORPORATION) shall be fifteen percent (15%), (i.e., 30%* 50%); 2.5.8.4 The provisions as contained in this Clause 2.5.8 and Article 19.1 of the Transmission Service Agreement shall override the terms of the Consortium Agreement submitted by the Bidder as part of the RFP. 2.6 Project Schedule 2.6.1. All Elements of the Project are required to be commissioned progressively as per the schedule given in the following table; PFC CONSULTING LIMITED 35RFP for Selection of Bidder as Transmission Service Provider S. No. Name of the Transmission Tentative Percentage of Element(s) Element Implementatio Quoted which are pre- n Timeframe Transmission required for Charges declaring the recoverable on commercial Scheduled operation COD of the (COD) of the Element of the respective Project Element 1 2 nos. of Synchronous Condensers 30 months from 100% N.A. (SynCon) units* at 400 kV level of the date of 765/400/220 kV Fatehgarh-II PS allocation along with 2 nos. of 400 kV bays *1 No. of SynCon unit comprises dynamic support of +300MVAr/- 200MVAr (Minimum) & Short Circuit contribution at PCC of 1200MVA (Minimum) Note: POWERGRID shall provide space (free of cost) for 2 Nos. (SynCon) units at Fatehgarh II PS along with 2 Nos. of 400 kV bays The payment of Transmission Charges for any Element irrespective of its successful commissioning on or before its Scheduled COD shall only be considered after successful commissioning of the Element(s) which are pre-required for declaring the commercial operation of such Element as mentioned in the above table. Scheduled COD for overall Project: 30 months from the date of allocation. 2.7 Due dates 2.7.1 The Bidders should submit the Bids online through the electronic bidding platform before the Bid Deadline i.e. on or before 15:00 hours (IST) on 17 April, 2026. In addition to the online submission, the Bidder with lowest Final Offer will be required to submit original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14/14A/14B before issuance of LoI. 2.7.2 Important timelines are mentioned below: Date Event 11-02-2026 Issuance of RfP Submission of written clarifications/amendments, if any, on the RfP / RfP Project Documents by Bidders so as to reach BPC by 03-03-2026 17:00 hours. Such written clarifications/amendments shall be in the format provided in Annexure-20. 10-03-2026 Pre-Bid meeting 23-03-2026 Issue of written clarifications and revised RfP documents 02-04-2026 Issue of final RfP Project Documents Submission of Bid (Online submission of Bid through electronic 17-04-2026 bidding portal) 17-04-2026 Opening of Technical Bid Shortlisting and announcement of Qualified Bidders on bidding 27-04-2026 portal PFC CONSULTING LIMITED 36RFP for Selection of Bidder as Transmission Service Provider Date Event 28-04-2026 Opening of Financial Bid - lnitial Offer Electronic reverse auction (Financial Bid - Final Offer) for the 29-04-2026 Qualified Bidders. Submission of original hard copies of Annexure 3, Annexure 4, 04-05-2026 Annexure 6, as applicable and Annexure l4 by the bidder with lowest Final Offer 07-05-2026 Selection of Successful Bidder and issue of LoI 18-05-2026 Signing of RfP Project Documents and transfer of SPV To enable BPC to meet the schedule, all Bidders are expected to respond expeditiously during the bidding process. If any milestone/activity falls on a day which is not a working day or which is a public holiday then the milestone/activity shall be achieved/ completed on the next working day. 2.8 Validity of the Bid 2.8.1 The Bid shall remain valid for a period of one hundred and eighty (180) days from the Bid Deadline. The BPC reserves the right to reject any Bid which does not meet aforementioned validity requirement. 2.8.2 The BPC may solicit the Bidders’ consent for an extension of the period of validity of the Bid. The request and the response, thereafter, shall be in writing. In the event any Bidder refuses to extend its Bid validity as requested by the BPC, the BPC shall not be entitled to invoke the Bid Bond. A Bidder accepting the BPC’s request for validity extension shall not be permitted to modify its Bid and such Bidder shall, accordingly, extend the validity of the Bid Bond as requested by the BPC within seven (7) days of such request, failing which the Bid shall not be considered as valid. 2.9 Method of Submission 2.9.1 Both the Technical and Financial Bids duly filled in, all formats and supporting shall be scanned and uploaded online through electronic bidding platform in the manner specified in Annexure A. 2.9.2 It may be noted that Technical Bid shall not contain any information/document relating to Financial Bid. If Technical Bid contains any such information/documents, the BPC shall not be responsible for premature opening of the Financial Bid. All pages of the Bid, except for the Bid Bond (Annexure 14/14A/14B) and any other document executed on non-judicial stamp paper, forming part of the Bid and corrections in the Bid, if any, must be signed by the authorized signatory on behalf of the Bidder. It is clarified that the same authorized signatory shall sign all pages of the Bid. However, any published document submitted in this regard shall be signed by the authorized signatory at least on the first and last page of such document. 2.9.3 No change or supplemental information to a Bid already submitted will be accepted after the Bid Deadline, unless the same is requested for by the BPC as per Clause 2.5.6 (k). Provided that a Bidder shall always have the right to withdraw / modify its Bid before the Bid Deadline. No Technical Bid or Initial Offer shall be modified, substituted or withdrawn by the Bidder on or after the Bid Deadline. 2.10 Preparation cost PFC CONSULTING LIMITED 37RFP for Selection of Bidder as Transmission Service Provider 2.10.1 The Bidders shall be responsible for all the costs associated with the preparation of the Bid and participation in discussions and attending pre-bid meetings, and finalization and execution of the RFP Project Documents (other than the TSA), etc. BPC shall not be responsible in any way for such costs, regardless of the conduct or outcome of the process of tariff based competitive bidding for selection of Bidder as TSP as per Bidding Guidelines. 2.10.2 The cost of this RFP is Rupees Five Lakh (Rs.5,00,000/-) or U.S. Dollar Seven Thousand Only (US$7,000 /-) plus GST as per applicable rate, which shall be non-refundable. This amount shall be paid via electronic transfer to the following Bank Account: Bank Account Name : PFC Consulting Limited Account No. : 000705036117 Bank Name : ICICI Bank IFSC : ICIC0000007 Branch : Connaught Place, New Delhi-110001 Immediately after issuance of RFP document, the Bidder shall submit the Pre-Award Integrity Pact in the format as prescribed in Annexure B, which shall be applicable for and during the bidding process, duly signed on each page by any whole-time Director / Authorized Signatory, duly witnessed by two persons, and shall be submitted by the Bidder in two (2) originals in a separate envelope, duly superscripted with Pre-Award Integrity Pact. The Bidder shall submit the Pre-Award Integrity Pact on non-judicial stamp paper of Rs. 100/- each duly purchased from the National Capital Territory of Delhi. In case the Bidder is in a consortium, the Pre-Award Integrity Pact shall be signed and submitted by each member of the Consortium separately. 2.11 Bid Bond 2.11.1. Each Bidder shall submit the Bid accompanied by Bid Bond issued by any of the Banks listed in Annexure-17. The Bid Bond shall be valid for a period of thirty (30) days beyond the validity of the Bid. 2.11.2. Subject to the provisions of Clause 2.15.5, the Bid Bond may be invoked by the BPC or its authorized representative, without any notice, demure, or any other legal process upon occurrence of any of the following:  Bidder withdraws during the period of Bid Validity as specified in this RFP or as extended by mutual consent of the respective Bidder(s) and the BPC  Failure to execute the Share Purchase Agreement as per the provisions of Clause 2.15.2; or  Failure to furnish the Contract Performance Guarantee as per Clause 2.12; or  Failure to acquire one hundred percent (100%) equity shares of SPV (UNDER INCORPORATION), along with all its related assets and liabilities, in accordance with the provisions of Clause 2.15.2; or  Failure to comply with the provisions of Clause 2.15.5 and Clause 2.15.6, leading to annulment of the award of the Project.  Bidders submitting any wrong information or making any misrepresentation in their Bid as mentioned in Clause 2.5.6. Intimation of the reasons of the invocation of the Bid Bond shall be given to the Selected Bidder PFC CONSULTING LIMITED 38RFP for Selection of Bidder as Transmission Service Provider by the BPC within three (3) working days after such invocation. 2.11.3. The Bid Bond of the Selected Bidder shall be returned on submission of the Contract Performance Guarantee as per Clause 2.12 and the relevant provisions of the Transmission Service Agreement. 2.11.4. The Bid Bond of all the Bidders, whose Bids are declared non-responsive, shall be returned within a period of thirty (30) days after the date on which the Financial Bids are opened. 2.11.5. The Bid Bond of all unsuccessful Bidders shall be returned and released by the BPC on the same day on which the SPV (UNDER INCORPORATION) is transferred to the Selected Bidder. The Bid Bond of the Successful Bidder shall be returned on submission of Contract Performance Guarantee as per Clause 2.12 of this RFP and the provisions of the Transmission Service Agreement. 2.12 Contract Performance Guarantee 2.11.6. Within ten (10) days from the date of issue of the Letter of Intent, the Selected Bidder, on behalf of the TSP, will provide to the Nodal Agency the Contract Performance Guarantee for an amount of Rs.57.00 Crore (Rupees Fifty Seven Crore Only). The Contract Performance Guarantee shall be initially valid for a period up to three (3) months after the Scheduled COD of the Project and shall be extended from time to time to be valid for a period up to three (3) months after the COD of the Project and thereafter shall be dealt with in accordance with the provisions of the Transmission Service Agreement. The contract Performance Guarantee shall be issued by any of the banks listed in Annexure-17 as per format given at Annexure-15 or any of the insurance companies authorized by Insurance Regulatory and Development Authority of India as per format given at Annexure-15A or PFC/REC/IREDA as per Payment on Order Instrument format given at Annexure-15B. 2.11.7. In case the Selected Bidder is unable to obtain the Contract Performance Guarantee for the total amount from any one bank specified in Annexure-17, the Selected Bidder may obtain the same from not more than three (3) banks specified in Annexure-17. 2.13 Opening of Bids 2.13.1 Technical Bid will be opened by the Bid Opening Committee as per the following time schedule and in the office of Central Electricity Authority, in the online presence of Bidders’ representatives who wish to attend: Opening of Envelope (Technical Bid): 15:30 hours (IST) on 17 April, 2026 or such other dates as may be intimated by BPC to the Bidders. In the event of any of above dates falling on a day which is not a working day or which is a public holiday, then the bids shall be opened on the next working day at the same venue and time. Opening of Initial Offer: Initial Offer shall be opened by the Bid Opening Committee in presence of the Bid Evaluation Committee at 15:30 hours (IST) on 28 April, 2026 in the office of CEA. 2.13.2 The following information from each Bid will be read out to all the Bidders at the time of opening of Technical Bid: • Name of the Bidding Company / Consortium Members in case of Bidding Consortium. Information to be provided after opening of Initial Offer: PFC CONSULTING LIMITED 39RFP for Selection of Bidder as Transmission Service Provider Only the lowest Initial Offer (s) shall be communicated to all the Qualified Bidders to participate in the e-reverse bidding process. During the e-reverse bidding process only the lowest prevailing bid should be visible to all the bidders on the electronic platform. 2.14 Enquiries Written clarifications on the RFP and other RFP Project Documents as per Clause 2.3 and 2.4 may be sought from: General Manager PFC Consulting Limited 9th Floor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Tel. + 91 11 23443912 Fax + 91 11 23443990 Email: pfccl.itp@pfcindia.com 2.15 Other Aspects 2.15.1 The draft of the Transmission Service Agreement has been attached to this RFP. In addition to above, the following documents have also been attached to this RFP: a) Share Purchase Agreement When the drafts of the above RFP Project Documents are provided by the BPC, these RFP Project Documents shall form part of this RFP as per Formats – 1 & 2 of Annexure 20. Upon finalization of the RFP Project Documents after incorporating the amendments envisaged in Clause 2.4 of this RFP, all the finalized RFP Project Documents shall be provided by BPC to the Bidders at least fifteen (15) days prior to the Bid Deadline. The Transmission Service Agreement and Share Purchase Agreement shall be signed in required number of originals so as to ensure that one (1) original is retained by each party to the Agreement(s) on the date of transfer of SPV. Note: Kindly check 2.15.2. (b) point from SBDs 2.15.2 Within ten (10) days of the issue of the Letter of Intent, the Selected Bidder shall: a) Provide the Contract Performance Guarantee in favour of the Nodal Agency as per the provisions of Clause 2.12; b) Execute the Share Purchase Agreement and the Transmission Service Agreement; c) acquire, for the Acquisition Price, one hundred percent (100%) equity shareholding of SPV (UNDER INCORPORATION) from PFC Consulting Limited, who shall sell to the Selected Bidder, the equity shareholding of SPV (UNDER INCORPORATION), along with all its related assets and liabilities; Stamp duties payable on purchase of one hundred percent (100%) of the equity shareholding of SPV (UNDER INCORPORATION), along with all its related assets and liabilities, shall also be borne by the Selected Bidder. PFC CONSULTING LIMITED 40RFP for Selection of Bidder as Transmission Service Provider Provided further that, if for any reason attributable to the BPC, the above activities are not completed by the Selected Bidder within the above period of ten (10) days as mentioned in this Clause, such period of ten (10) days shall be extended, on a day for day basis till the end of the Bid validity period. 2.15.3 After the date of acquisition of the equity shareholding of SPV (UNDER INCORPORATION), along with all its related assets and liabilities, by the Selected Bidder, i. the authority of the BPC in respect of this Bid Process shall forthwith cease and any actions to be taken thereafter will be undertaken by the Nodal Agency, ii. all rights and obligations of SPV (UNDER INCORPORATION), shall be of the TSP, iii. any decisions taken by the BPC prior to the Effective Date shall continue to be binding on the Nodal Agency and iv. contractual obligations undertaken by the BPC shall continue to be fulfilled by the TSP. v. Further, the TSP shall execute the Agreement(s) required, if any, under Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations as amended from time to time. 2.15.4 Within five (5) working days of the issue of the acquisition of the SPV by the Successful Bidder, the TSP shall apply to the Commission for grant of Transmission License and make an application to the Commission for the adoption of Transmission Charges, as required under Section – 63 of The Electricity Act 2003. 2.15.5 If the Selected Bidder / TSP fails or refuses to comply with any of its obligations under Clauses 2.15.2, 2.15.3 and 2.15.4, and provided that the other parties are willing to execute the Share Purchase Agreement and PFC Consulting Limited is willing to sell the entire equity shareholding of SPV (UNDER INCORPORATION), along with all its related assets and liabilities, to the Selected Bidder, such failure or refusal on the part of the Selected Bidder shall constitute sufficient grounds for cancellation of the Letter of Intent. In such cases, the BPC / its authorized representative(s) shall be entitled to invoke the Bid Bond of the Selected Bidder. 2.15.6 If the TSP fails to obtain the Transmission License from the Commission, it will constitute sufficient grounds for annulment of award of the Project. 2.15.7 The annulment of award, as provided in Clauses 2.15.5 and 2.15.6 of this RFP, will be done by the Government on the recommendations of National Committee on Transmission. However, before recommending so, National Committee on Transmission will give an opportunity to the Selected Bidder / TSP to present their view point. 2.15.8 The annulment of the award, under Clause 2.15.5 or 2.15.6 of this RFP, shall be sufficient grounds for blacklisting the bidder, whose award has been annulled, for a period of five years or more, as decided by the National Committee on Transmission, provided that the blacklisting shall be done only after giving the bidder an opportunity for showing cause. 2.16 Confidentiality 2.16.1 The parties undertake to hold in confidence this RFP and RFP Project Documents and not to disclose the terms and conditions of the transaction contemplated hereby to third parties, except: a) to their professional advisors; PFC CONSULTING LIMITED 41RFP for Selection of Bidder as Transmission Service Provider b) to their officers, contractors, employees, agents or representatives, financiers, who need to have access to such information for the proper performance of their activities; c) disclosures required under Law, without the prior written consent of the other parties of the concerned agreements. Provided that the TSP agrees and acknowledges that the Nodal Agency may at any time, disclose the terms and conditions of the RFP and RFP Project Documents to any person, to the extent stipulated under the Law or the Bidding Guidelines. 2.17 Right of the BPC to reject any Bid BPC reserves the right to reject all or any of the Bids/ or cancel the RFP without assigning any reasons whatsoever and without any liability. 2.18 Non submission and/or submission of incomplete data/ information required under the provisions of RFP shall not be construed as waiver on the part of BPC of the obligation of the Bidder to furnish the said data / information unless the waiver is in writing. 2.19 Fraudulent and Corrupt Practices 2.19.1. The Bidders and their respective officers, employees, agents and advisers shall observe the highest standard of ethics during the Bid process and subsequent to the issue of the LoI Notwithstanding anything to the contrary contained herein, or in the LoI, the BPC shall reject a Bid, withdraw the LoI, as the case may be, without being liable in any manner whatsoever to the Bidder, if it determines that the Bidder has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice in the Bid process. In such an event, the BPC shall forfeit the Bid Bond, without prejudice to any other right or remedy that may be available to the BPC hereunder or otherwise. 2.19.2. Without prejudice to the rights of the BPC under Clause 2.19.1 hereinabove and the rights and remedies which the BPC may have under the LoI, if a Bidder is found by the BPC to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bid process, or after the issue of the LoI, such Bidder & its Affiliates shall not be eligible to participate in any tender or RFP issued by any BPC for an indefinite period from the date such Bidder is found by the BPC to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practices, as the case may be. 2.19.3. For the purposes of this Clause 2.19, the following terms shall have the meaning hereinafter respectively assigned to them: a) “corrupt practice” means (i) the offering, giving, receiving, or soliciting, directly or indirectly, of anything of value to influence the actions of any person connected with the Bid process (for avoidance of doubt, offering of employment to or employing or engaging in any manner whatsoever, directly or indirectly, any official of the BPC who is or has been associated or dealt in any manner, directly or indirectly with the Bid process or the LoI or has dealt with matters concerning the Transmission Service Agreement or arising there from, before or after the execution thereof, at any time prior to the expiry of one year from the date such official resigns or retires from or otherwise ceases to be in the service of the BPC, shall be deemed to constitute influencing the actions of a person connected with the Bid Process); or (ii) engaging in any manner whatsoever, whether PFC CONSULTING LIMITED 42RFP for Selection of Bidder as Transmission Service Provider during the Bid Process or after the issue of the LoI or after the execution of the Transmission Service Agreement, as the case may be, any person in respect of any matter relating to the Project or the LoI or the Transmission Service Agreement, who at any time has been or is a legal, financial or technical adviser of the BPC in relation to any matter concerning the Project; b) "Fraudulent practice" means a misrepresentation or omission of facts or suppression of facts or disclosure of incomplete facts, in order to influence the Bid process; c) “Coercive practice” means impairing or harming, or threatening to impair or harm, directly or indirectly, any person or property to influence any person’s participation or action in the Bid process; d) "undesirable practice" means (i) establishing contact with any person connected with or employed or engaged by the BPC with the objective of canvassing, lobbying or in any manner influencing or attempting to influence the Bid process; or (ii) having a Conflict of Interest; and e) "Restrictive practice" means forming a cartel or arriving at any understanding or arrangement among Bidders with the objective of restricting or manipulating a full and fair competition in the Bid process. PFC CONSULTING LIMITED 43RFP for Selection of Bidder as Transmission Service Provider SECTION - 3 EVALUATION OF THE TECHNICAL AND FINANCIAL BID PFC CONSULTING LIMITED 44RFP for Selection of Bidder as Transmission Service Provider SECTION 3 3. EVALUATION OF BID 3.1. The evaluation process of Technical Bid comprises the following five steps: Step I – Responsiveness check Step II- Compliance with submission requirements Step III– Evaluation of Technical Bids Step IV– Evaluation of Financial Bids Step V – Bidder Selection 3.2. STEP I – Responsiveness check The Technical Bid submitted by the Bidder shall be initially scrutinized to establish “Responsiveness”. Subject to clause 2.5.6 (k), any of the following conditions shall cause the Technical Bid to be “Non-responsive”: a) Technical Bid that are incomplete. b) Technical Bid not signed by authorized signatory and / or stamped in the manner indicated in this RFP. c) All pages of the Technical Bid submitted but not initialed by the authorized signatories on behalf of the Bidder. d) Technical Bid not including the covering letter as per Annexure 1. e) Technical Bid submitted by a Bidding Consortium not including the Consortium Agreement. f) Technical Bid contains material inconsistencies in the information and documents submitted by the Bidder, affecting the Qualification Requirements. g) Bidder submitting or participating in more than one Bid either as a Bidding Company or as a Member of Bidding Consortium. h) More than one Member of the Bidding Consortium or a Bidding Company using the credentials of the same Parent/Affiliate. i) Information not submitted in formats specified in the RFP. j) Applicable Board resolutions, or any other document, as provided in Clause 2.5.2, not being submitted; k) Bid not accompanied by a valid Bid Bond; l) Non submission of power of attorney, supported by a Board resolution; m) Bid validity being less than that required as per Clause 2.8 of this RFP; n) Bid not containing Format-1 (Bidders' Undertakings) of Annexure-8; PFC CONSULTING LIMITED 45RFP for Selection of Bidder as Transmission Service Provider o) Bidder having Conflict of Interest p) The Bidder has not submitted a disclosure as per Annexure 13. q) Bidders delaying in submission of additional information or clarifications sought by the BPC. r) If the Bidder makes any misrepresentation as specified in Clause 3.7. s) Bid being conditional in nature. t) More than one Member of the Bidding Consortium or a Bidding Company using the credentials of the same Parent/Affiliate. 3.3. STEP II - Compliance with submission requirements Each Bidder’s Technical Bid shall be checked for compliance with the submission requirements set forth in this RFP before the evaluation of Technical Bid is taken up. Annexure 16 and Annexure 11A shall be used to check whether each Bidder meets the stipulated requirements. 3.4. STEP III -Evaluation of Technical Bid Evaluation of Technical Bid will be carried out considering the information and documents furnished by the Bidders as required under this RFP. This step would involve technical and financial evaluation of the details/ documents furnished by the Bidding Company / Bidding Consortium in support of meeting the Qualification Requirements. 3.4.1. Interpolation of financial data. For the Qualification Requirements data provided by the Bidders in foreign currency, equivalent rupees of Networth will be calculated using bills selling exchange rates (card rate) USD/INR of State Bank of India prevailing on the date of closing of the accounts for the respective financial year as certified by their Banker. For the purpose of calculating the aggregate capital expenditure/construction experience of the projects completed/ commissioned where such projects are executed outside India and capital expenditure is denominated in foreign currency, bills selling exchange rates (card rate) USD/INR of State Bank of India prevailing on the date of closing of the financial year in which the projects were completed and as certified by their Banker shall be considered. For the projects executed in the current financial year bills selling (card rate) USD/INR of State Bank of India prevailing on seven (7) days prior to the last date of submission of Technical Bid and as certified by their Banker shall be considered. For currency other than USD, Bidders shall convert such currency into USD as per the exchange rates certified by their Banker prevailing on the relevant date and used for such conversion. Such Bidders shall submit necessary certification from their Banker for the exchange rate used in the conversation. If the exchange rate for any of the above dates is not available, the rate for the immediately available previous day shall be taken into account. PFC CONSULTING LIMITED 46RFP for Selection of Bidder as Transmission Service Provider 3.4.2. Bidders meeting the Qualification Requirements, subject to evaluation as specified in Clauses 3.2 to 3.4 shall be declared as Qualified Bidders and eligible for opening of Initial Offer. 3.4.3. The BPC shall upload the list of all Qualified Bidders and Non-Qualified Bidders on the bidding portal along with the reasons for non-qualification. 3.5. STEP IV - Evaluation of Financial Bids 3.5.1. The Bids which have been found Qualified by the BPC, based on the Steps I to III as specified above in Clauses 3.2.to 3.4, shall be opened and Quoted Transmission Charges of such Initial Offer shall be ranked on the basis of the ascending Initial Offer submitted by each Qualified Bidder. Based on such ranking of the Qualified Bidders, in the first fifty per cent of the ranking (with any fraction rounded off to higher integer) or four Qualified Bidders, whichever is higher, shall qualify for participating in the electronic reverse auction. Provided however, in case only one Bidder remains after the Evaluation of Technical Bid (Steps 1 to III) as per Clause 3.2 to 3.4, the Initial Offer of such Bidder shall not be opened and the matter shall be referred to the Government. Provided that in the event the number of Qualified Bidders is between two and four, then each of the responsive Bidder shall be considered as Qualified Bidders. Provided that in the event of identical Quoted Transmission Charges discovered from the Initial Offer having been submitted by one or more Bidders, all such Bidders shall be assigned the same rank for the purposes of determination of Qualified Bidders. In such cases, all Qualified Bidders who shares the same rank till 50% of the rank (with any faction rounded off to higher integer) determined above, shall qualify to participate in the electronic reverse auction stage. In case 50% of the rank is having less than four (4) Bidders and the rank of the fourth (4th) Bidder is shared by more than one Bidder, then all such all such Bidders who share the rank of the fourth Bidder shall qualify to participate in the electronic reverse auction. 3.5.2. The Financial Bids comprising of both Initial Offer and Final Offer submitted by the Bidders shall be scrutinized to ensure conformity with the provisions of Clause 2.5.3 of this RFP. Any Bid not meeting any of the requirements as per Clause 2.5.3 of this RFP may cause the Bid to be considered "Non-responsive", at the sole decision of the BPC. Financial Bid not in conformity with the requirement of SI. No. (c) of Clause 2.5.3 of this RFP shall be rejected. 3.5.3 The Bidders shall quote the single annual Quoted Transmission Charges as specified in the format at Annexure – 21. 3.6. STEP V - Bidder Selection 3.6.1. The prevailing lowest Quoted Transmission Charges discovered from Final Offers shall only be displayed during the e-reverse bidding and the Bidder quoting such Final Offer will always remain anonymous during the e-reverse bidding. The Bidder with the prevailing lowest Quoted Transmission Charges discovered from Final Offers at the close of the scheduled or extended period of e-reverse bidding as mentioned in clause 2.5 shall be declared as the Successful Bidder, subject to verification of the original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14. The Letter of Intent shall be issued to such Successful Bidder in two (2) copies. PFC CONSULTING LIMITED 47RFP for Selection of Bidder as Transmission Service Provider However, if no bid is received during the e-reverse bidding stage then the Bidder with lowest quoted initial transmission charges ("Initial Offer") during e-bidding stage shall be declared as the Successful Bidder, subject to verification of the original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14. The Letter of Intent shall be issued to such Successful Bidder in two (2) copies. In case, there is a discrepancy between the online submission and physical documents, the bid would be out rightly rejected and the bidder shall be construed to have engaged in the fraudulent practice as defined in Clause 2.19.3 with consequences as mentioned in Clause 2.19.2. Further, in such a case, the provisions of Clause 2.5.6 (j) shall apply. 3.6.2. The Selected Bidder shall unconditionally accept the LoI, and record on one (1) copy of the LoI, "Accepted unconditionally", under the signature of the authorized signatory of the Successful Bidder and return such copy to the BPC within seven (7) days of issue of LoI. 3.6.3. If the Successful Bidder, to whom the Letter of Intent has been issued, does not fulfill any of the conditions specified in Clauses 2.15.2, 2.15.3 and Clause 2.15.4, then subject to Clause 2.15.5, the BPC reserves the right to annul the award of the Project and cancel the Letter of Intent. Further, in such a case, the provisions of Clause 2.5.6 (j) shall apply. 3.6.4. The BPC, in its own discretion, has the right to reject all Bids if the Quoted Transmission Charges are not aligned to the prevailing prices. 3.7. Misrepresentation by the Bidder If the Bidder conceals any material information or makes a wrong statement or misrepresents facts or makes a misleading statement in the Technical Bid or Bid, as the case may be, in any manner whatsoever, in order to create circumstances for the acceptance of its Technical Bid/Bid, the BPC reserves the right to reject such Technical Bid/Bid, and/ or cancel the Letter of Intent, if issued. Further, in case Letter of Intent is cancelled, consequences as per provisions of the RFP shall follow. 3.8. Disposition of Technical Bid 3.8.1. Technical Bid found to be non-responsive as per Clause 3.2, due to any of the following conditions, shall be liable for rejection.  Technical Bid that is incomplete.  Technical Bid not signed by authorized signatory and / or stamped in the manner indicated in this RFP.  All pages of the Technical Bid submitted but not initialed by the authorized signatories on behalf of the Bidder.  Technical Bid not including the covering letter as per Annexure 1.  Technical Bid contains material inconsistencies in the information and documents submitted by the Bidder, affecting the Qualification Requirements.  Information not submitted in formats specified in the RFP.  The Bidder has not submitted a disclosure as per Annexure 13.  Bidders delaying in submission of additional information or clarifications sought by the BPC. 3.8.2. Technical Bid found to be non-responsive as per Clause 3.2, due to any of the following conditions, shall be rejected. PFC CONSULTING LIMITED 48RFP for Selection of Bidder as Transmission Service Provider  Technical Bid not received by the scheduled date and time.  Technical Bid submitted by a Bidding Consortium not including the Consortium Agreement.  Bidder submitting or participating in more than one response either as a Bidding Company or as a Member of Bidding Consortium.  More than one Member of the Bidding Consortium or a Bidding Company using the credentials of the same Parent/Affiliate.  Technical Bid having Conflict of Interest.  If the Bidder makes any misrepresentation as specified in Clause 3.7. 3.9. BPC reserves the right to interpret the Bid in accordance with the provisions of this RFP document and make its own judgment regarding the interpretation of the same. In this regard, BPC shall have no liability towards any Bidder and no Bidder shall have any recourse to BPC with respect to the qualification process. BPC shall evaluate Bid using the process specified in Clause 3.1 to 3.6, at its sole discretion. BPC’s decision in this regard shall be final and binding. PFC CONSULTING LIMITED 49RFP for Selection of Bidder as Transmission Service Provider SECTION - 4 ANNEXURES FOR BID PFC CONSULTING LIMITED 50RFP for Selection of Bidder as Transmission Service Provider SECTION – 4 I. Formats for Bid The following formats are required to be included in the Bidder’s Technical and Financial Bid. These formats are designed to demonstrate the Bidder’s compliance with the Qualification Requirements set forth in Clause 2.1 of Section – 2. Technical Bid 1. Format for the Covering Letter 2. Format for Letter of Consent from Consortium Members 3. Format for evidence of authorized signatory’s authority (Power of Attorney) 4. Format for Power of Attorney from to be provided by each of the other Members of the Consortium in favour of the Lead Member 5. Format for Bidder’s composition and ownership structure and Format for Authorization 6. Format for Consortium Agreement 7. Formats for Qualification Requirement 8. Format of Bidders Undertaking and details of Equity Investment 9. Authorization from Parent/Affiliate of Bidding Company/Member of Bidding Consortium whose technical/financial capability has been used by the Bidding Company/Member of Bidding Consortium. 10. Undertaking from the Technically / Financially Evaluated Entity (ies) or from Ultimate Parent Company for equity investment 11. Format of Board Resolutions 12. Format for Illustration of Affiliates 13. Format for Disclosure 14. Format for Bid Bond 14A. Format of Insurance Surety Bond for Bid Security 14B. Format of Payment on Order Instrument for Bid Security 15. Format for Contract Performance Guarantee 15A. Format of Insurance Surety Bond for Contract Performance Guarantee 15B. Format of Payment on Order Instrument for Contract Performance Guarantee 16. Checklist for Technical Bid submission requirements 22. Format for Affidavit In addition to the online submission, the Bidder with lowest Final Offer will be required to submit original hard copies of Annexure 3, Annexure 4 (if applicable), Annexure 6 (if applicable) and Annexure 14 before issuance of LoI. Financial Bid 21. Format for Financial Bid II. The following formats are for the information to the Bidders to enable them to submit their Bid. 11A. Illustration for Applicable Board Resolution Requirements Under Clause 2.5.2 17. List of Banks 18. GRID Map of the Project 19. Format for clarification/amendments on the RFP/RFP Project Documents 20. Formats for RFP Project Documents Bidder may use additional sheets to submit the information for its detailed Bid. PFC CONSULTING LIMITED 51RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 1 - COVERING LETTER (The covering letter should be on the Letter Head of the Bidding Company/ Lead Member of the Consortium) Date: ………………………………… From: ………………………………… ………………………………… ………………………………… Tel. No.: …................................................ Fax No.: .................................................... E-mail address: .................................................. To, PFC Consulting Limited 9thFloor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Dear Sir, Sub: Bid for selection of Bidder as Transmission Service Provider to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process. 1. Being duly authorized to present and act on behalf of M/s …………………. (insert name of Bidding Company / Bidding Consortium) (hereinafter called the “Bidder”) and having read and examined in detail the Request for Proposal (RFP) document, the undersigned hereby submit our Technical Bid with duly signed formats and Financial Bid (Initial Offer) as stipulated in RFP document for your consideration. 2. It is confirmed that our Bid is consistent with all the requirements of submission as stated in the RFP document and subsequent clarifications/amendments as per Clause 2.3 and 2.4 of RFP. 3. The information submitted in our Bid is complete, is strictly as per the requirements stipulated in the RFP document and is correct to the best of our knowledge and understanding. We would be solely responsible for any errors or omissions in our Bid. 4. We hereby agree and undertake to procure the products associated with the Transmission System as per provisions of Public Procurement (Preference to Make in India) Order No. P- 45021/2/2017-PP (BE-II)-Part (4) Vol.II dated 19.07.2024 for transmission sector, as amended from time to time read with Department for Promotion of Industry and Internal Trade (DPIIT) orders in this regard. We hereby also agree and undertake to comply with Department of Expenditure, Ministry of Finance vide Order OM No. F.7/10/2021-PPD (1) dated 23.02.2023, as amended from time to time, regarding public procurement from a bidder of a country, which shares land border with India. 5. We hereby agree to comply with Ministry of Power order no. 25-11/6/2018 – PG dated 02.07.2020 as amended from time to time. 6. We are herewith submitting legally binding board resolution for the total equity requirement of the Project. PFC CONSULTING LIMITED 52RFP for Selection of Bidder as Transmission Service Provider 7. We hereby confirm that in accordance with Clause 2.1.4 of the RFP, we are herewith submitting legally binding undertaking supported by a board resolution from the …………………………..(Insert name of Technically Evaluated Entity and/or Financially Evaluated Entity or its Ultimate Parent Company, as the case may be) that all the equity investment obligations of ………….. (Insert name of the Bidding Company) shall be deemed to be equity investment obligations of the ………………… (Insert name of Technically Evaluated Entity and/or Financially Evaluated Entity or its Ultimate Parent Company, as the case may be) and in the event of any default by………………. (Insert name of the Bidding Company), the same shall be met by ………………. (Insert name of Technically Evaluated Entity and/or Financially Evaluated Entity or its Ultimate Parent Company, as the case may be). [Sl. No 7 to be inserted only in case the Bidder is a Bidding Company / Lead Member of a Consortium and has sought qualification on the basis of technical and financial capability of its Affiliate(s) and/or its Parent] 8. We confirm that there are no litigations or disputes against us, which materially affect our ability to fulfill our obligations with regard to the Project. 9. We hereby confirm that we shall continue to maintain compliance with Qualification Requirements till the execution of the Transmission Service Agreement. Further, in case we emerge as Selected Bidder for the Project, we shall continue to maintain compliance with Qualification Requirements till the COD of the Project. 10. We confirm that we have studied the provisions of relevant Indian laws and regulations required to enable us to build, own, operate and transfer the said Project and to prepare this Bid. 11. We hereby confirm that we shall abide unreservedly with BPC’s decision in the qualification process for selection of Qualified Bidder and further warrant that under no circumstances we shall challenge either the BPC’s decision or its right to make such decision at any time in the future. 12. We confirm that the Bid shall remain valid for a period of one eighty (180) days from the Bid Deadline. 13. The details of contact person are furnished as under: Name: ……………………………………………… Designation: ……………………………………………… Name of the Company: ……………………………………………… Address of the Bidder: ……………………………………………… Phone Nos.: …………………………………. Fax Nos.: …………………………………. E-mail address: …………………………………. 14. Bid Bond We have enclosed a Bid Bond of Rupees ………………. Crores (Rs. …………….) only or US$ ............. (…………….US Dollars), in the form of bank guarantee no ……………… [Insert number of the Bank Guarantee] dated………….[Insert Date of the Bank Guarantee] as per your proforma (Annexure- 14) from………………….[Insert name of bank providing Bid Bond] and valid up to ……………………………….in terms of Clause 2.11 of the RFP. PFC CONSULTING LIMITED 53RFP for Selection of Bidder as Transmission Service Provider Or In the form of insurance surety bond no………………..[Insert number of the Insurance Surety Bond] dated…………..[Insert Date of the Insurance Surety Bond] as per your proforma (Annexure-14A from ……………………………….[Insert name of Insurance Company providing Insurance Surety bond] and valid up to…………………………….in terms of Clause 2.11 of the RFP Or in the form of Payment on Order Instrument no. ………… [Insert number of the Instrument] “dated……………..[Insert Date of the Instrument] as per your proforma (Annexure-14B) …………………… [Insert name of company issuing Payment on Order Instrument] and valid up to ……………………….. in terms of Clause 2.11 of the RFP. 15. Acceptance We hereby unconditionally and irrevocably agree and accept that the decision made by the BPC on any matter regarding or arising out of the RFP shall be binding on us. We hereby expressly waive any and all claims in respect of Bid process. 16. Familiarity With Relevant Indian Laws & Regulations We confirm that we have studied the provisions of relevant Indian laws and regulations as required to enable us to submit this Bid and execute the RFP Project Documents (other than TSA), in the event of our selection as the TSP. We further undertake and agree that all such factors as mentioned in Clause 2.5.7 of RFP have been fully examined and considered while submitting the Bid. It is confirmed that our Bid is consistent with all the requirements of submission as stated in the RFP and subsequent communications from BPC. The information submitted in our Bid is complete, strictly as per the requirements stipulated in the RFP and is correct to the best of our knowledge and understanding. We would be solely responsible for any errors or omissions in our Bid. We confirm that we have not taken any deviation so as to be deemed non-responsive with respect to the provisions stipulated at Clause 2.5.1, of this RFP. Thanking you, Yours sincerely, ………………………. (Name and Signature of the authorized signatory in whose name Power of Attorney/ Board Resolution as per Clause 2.5.2 is issued) Name: ……………………………………………… Designation: ……………………………………………… Address: ……………………………………………… Date: …………………………. Place: ………………………… PFC CONSULTING LIMITED 54RFP for Selection of Bidder as Transmission Service Provider Company Rubber Stamp PFC CONSULTING LIMITED 55RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 2 - LETTER OF CONSENT FROM CONSORTIUM MEMBERS (On the letter head of each Member of the Consortium including Lead Member) Date: ………………………………… From: ………………………………… ………………………………… ………………………………… Tel. No.: ………………………………… Fax No.: ………………………………… E-mail address: ……………………………….. To, PFC Consulting Limited 9th Floor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Dear Sir, Sub: Bid for selection of Bidder as Transmission Service Provider to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process. We, the undersigned Member of ……… (Insert name of the Bidding Consortium) have read, examined and understood the RFP document for the short-listing of Bidders as prospective TSP to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process. We hereby confirm our concurrence with the Bid including in particular the Consortium Agreement submitted by …………. (Insert name of the Lead Member) in response to the RFP document. We hereby confirm our commitment to participate in the said Bidding Consortium and invest ……. % of the total equity requirement for the Project as per the terms of the Consortium Agreement dated ……… and board resolution for such investment commitment is enclosed herewith. We hereby confirm that in accordance with Clause 2.1.4 of the RFP, we are enclosing legally binding undertaking supported by a board resolution from the …………………………. (Insert name of Technically Evaluated Entity and / or Financially Evaluated Entity or its Ultimate Parent Company, as the case may be) that all the equity investment obligations of …………………. (Insert name of the Member) shall be deemed to be equity investment obligations of the ………………… (Insert name of Technically Evaluated Entity and / or Financially Evaluated Entity or its Ultimate Parent Company, as the case may be) and in the event of any default by………………. (Insert name of the Member), the same shall be met by………………. (Insert name of Technically Evaluated Entity and / or Financially Evaluated Entity or its Ultimate Parent Company, as the case may be). [Insert if applicable] [To be inserted by the Lead Member only] We are also enclosing legally binding board resolution for the total equity requirement of the Project in case of any breach of any of the equity investment commitment by any of the Consortium Members, in line with the provisions of the Consortium Agreement dated ………. [Bidder to insert date of Consortium Agreement]. The details of contact person are furnished as under: Name: ……………………………………. Designation: ……………………………………. Name of the Company: ……………………………………. PFC CONSULTING LIMITED 56RFP for Selection of Bidder as Transmission Service Provider Address: ……………………………………. Phone Nos.: ……………………………………. Fax Nos.: ……………………………………. E-mail address: ……………………………………. Dated the ……. day of ……. of 20… Thanking you, Yours faithfully, ………………………………… (Signature) Name: …………………………. Designation: …………………………. (Signature, Name, Designation of Authorized Signatory of Consortium Member and Company's Seal) PFC CONSULTING LIMITED 57RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 3 - FORMAT FOR EVIDENCE OF AUTHORIZED SIGNATORY’S AUTHORITY (POWER OF ATTORNEY) POWER OF ATTORNEY (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution. Foreign companies submitting bids are required to follow the applicable law in their country) Know all men by these presents, We …………………………………………….(name and address of the registered office of the Bidder) do hereby constitute, appoint and authorize Mr./Ms. …………………………………………………(name and residential address) who is presently employed with us and holding the position of ………………………………. as our attorney, to do in our name and on our behalf, all such acts, deeds and things necessary in connection with or incidental to our Bid for selection of Bidder as Transmission Service Provider to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process in the country of India, including signing and submission of all documents related to the Bid, including, undertakings, letters, certificates, acceptances, clarifications, guarantees, etc., making representations to the BPC, and providing information / responses to the BPC, representing us in all matters before the BPC, and generally dealing with the BPC in all matters in connection with our Bid for the said Project till the completion of the bidding process in accordance with the RFP and signing of the Share Purchase Agreement by all the parties thereto. We hereby agree to ratify all acts, deeds and things lawfully done by our said attorney pursuant to this Power of Attorney and that all acts, deeds and things done by our aforesaid attorney shall and shall always be deemed to have been done by us. All the terms used herein but not defined shall have the meaning ascribed to such terms under the RFP. For …………………………. [Insert name of the Bidder on whose behalf PoA is executed] ………………….. (Signature) Name: ………………………. Designation: ………………………. Accepted ………..………… (Signature of the Attorney) Name: ……………………………. Designation: ...………………………….. Address: ............................................. ..................................................................... (Name, Designation and Address of the Attorney) Specimen signatures of attorney attested by the Executant ………………………… (Signature of the Executant) PFC CONSULTING LIMITED 58RFP for Selection of Bidder as Transmission Service Provider ………………………….. (Signature of Notary Public) Place: ………………………… Date: ………………………… Notes: 1) To be executed by Bidding Company or the Lead Member, in the case of a Bidding Consortium, as the case maybe. 2) The mode of execution of the Power of Attorney should be in accordance with the procedure, if any, laid down by the applicable law and the charter documents of the executant(s) and when it is so required, the same should be under common seal of the executant affixed in accordance with the applicable procedure. Further, the person whose signatures are to be provided on the power of attorney shall be duly authorized by the executant(s) in this regard. 3) Also, wherever required, the executant(s) should submit for verification the extract of the charter documents and documents such as a Board resolution / power of attorney, in favour of the Person executing this power of attorney for delegation of power hereunder on behalf of the executant(s). 4) In case of foreign Bidders, refer to clause 2.5.6 (p) PFC CONSULTING LIMITED 59RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 4 - FORMAT FOR POWER OF ATTORNEY TO BE PROVIDED BY EACH OF THE OTHER MEMBERS OF THE CONSORTIUM IN FAVOUR OF THE LEAD MEMBER POWER OF ATTORNEY (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution. Foreign companies submitting bids are required to follow the applicable law in their country) KNOW ALL MEN BY THESE PRESENTS THAT M/s…………….……………., having its registered office at ………………………….……., …....… and M/s ………………………….…. having its registered office at ………………………………, (Insert names and registered offices of all Members of the Consortium), the Members of Consortium, have formed a Bidding Consortium named …………. (insert name of the Consortium) (hereinafter called the “Consortium”) vide Consortium Agreement dated……….……………… and having agreed to appoint M/s…………………………….… as the Lead Member of the said Consortium do hereby constitute, nominate and appoint M/s…………….…………..a company incorporated under the laws of ……….………and having its Registered / Head Office at ……………………..……….as our duly constituted lawful Attorney (hereinafter called as “Lead Member”) which is one of the Members of the Consortium, to act as the Lead Member and our true and lawful attorney, to do in our name and on our behalf, all such acts, deeds and things necessary in connection with or incidental to submission of Consortium's Bid for the Project, including signing and submission of the Bid and all documents related to the Bid, including, undertakings, letters, certificates, acceptances, clarifications, guarantees, etc, making representations to the BPC, and providing information / responses to the BPC, representing us and the Consortium in all matters before the BPC, and generally dealing with the BPC in all matters in connection with our Bid for the said Project, till completion of the bidding process in accordance with the RFP and signing of the Share Purchase Agreement by all the parties thereto. It is expressly understood that in the event of the Consortium being selected as Successful Bidder, this Power of Attorney shall remain valid, binding and irrevocable until the Bidding Consortium achieves execution of all RFP Project Documents. We, as the Member of the Consortium, agree and undertake to ratify and confirm all whatsoever the said Attorney/Lead Member has done on behalf of the Consortium Members pursuant to this Power of Attorney and the same shall bind us and deemed to have been done by us. All the terms used herein but not defined shall have the meaning ascribed to such terms under the RFP. IN WITNESS WHEREOF M/s ………………………………………….……., as the Member of the Consortium have executed these presents on this……… day of ........ For and on behalf of Consortium Member ………………………………. (Signature of the Authorized Signatory) Name: …………………………… Designation: ………………….... Place: …………………………… Date: …………………………… Name: …………………………… Designation: ………………….... PFC CONSULTING LIMITED 60RFP for Selection of Bidder as Transmission Service Provider Place: …………………………… Date: …………………………….. Accepted Specimen signatures of attorney attested ………………………. (Signature) ………………………… …………………………… (Signature of Notary Public) …………………………… (Name, Designation and Address of the Attorney) Place: ………………………… Date: …………………………. Notes: 1. The mode of execution of the power of attorney should be in accordance with the procedure, if any, laid down by the applicable law and the charter documents of the executant(s) and when it is so required, the same should be under common seal of the executant affixed in accordance with the applicable procedure. Further, the person whose signatures are to be provided on the power of attorney shall be duly authorized by the executant(s) in this regard. 2. Also, wherever required, the executant(s) should submit for verification the extract of the charter documents and documents such as a Board resolution / power of attorney, in favour of the Person executing this power of attorney for delegation of power hereunder on behalf of the executant(s). 3. In case of foreign Bidders, refer to clause 2.5.6 (p) PFC CONSULTING LIMITED 61RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 5 - FORMAT FOR BIDDER’S COMPOSITION AND OWNERSHIP STRUCTURE 1. Corporate Details: Please provide the following information for the Bidder. If the Bidder is a Consortium, please provide this information for each Member including the Lead Member: a. Company’s Name, Address, and Nationality: Name: ………………………………………………… Address: ………………………………………………… ………………………………………………… ………………………………………………… Website Address: ……………………………………………….. Country of Origin: ………………………………………………… b. Year Organized: ……………………………………………….. c. Company's Business Activities: ……………………………………………. ......................................................................................................................... d. Status as a Bidder: i. Bidding Company ii. Lead Member of the Bidding Consortium iii. Member of the Bidding Consortium Note: tick the applicable serial number e. Company's Local Address in India (if applicable): …………………………………………………. …………………………………………………. …………………………………………………. f. Name of the Authorized Signatory: ............................................. g. Telephone Number: ………………………………………………. h. Email Address: ………………………………………………. i. Telefax Number: ………………………………………………. j. Please provide the following documents: i. Copy of the Memorandum and Articles of Association and certificate of incorporation or other equivalent organizational document (as applicable), including their amendments, certified by the Company Secretary as Attachment 1 for Bidding Company / each Member of Bidding Consortium including Lead Member. ii. Authority letter (as per format for authorization given below) in favour of BPC from the Bidder/every Member of the Consortium authorizing BPC to seek reference from their respective bankers & others as Attachment 2 as per Clause 2.1.6 of the RFP. PFC CONSULTING LIMITED 62RFP for Selection of Bidder as Transmission Service Provider 2. Details of Ownership Structure: Equity holding of Bidding Company/ each Member of Bidding Consortium including Lead Member owning 10% or more of total paid up equity. Name of the Bidding Company / Consortium Member: ……………. Status of equity holding as on ………… Type and No. of Extent of Voting Name of the Equity Holder Shares owned Control (%) 1. ...................................................... 2. ...................................................... 3. ...................................................... 4. ...................................................... 5. ...................................................... 6. ...................................................... 7. ...................................................... 8. ...................................................... .... ...................................................... Notes: 1. The above table is to be filled in separately for each Consortium Member. 2. Status of equity holding should be provided not earlier than thirty (30) days prior to Bid Deadline. For and on behalf of Bidding Company / Lead Member of the Bidding Consortium M/s…………………………………………………. ………………………………….. (Signature of authorized representative) Name: ………………………………….. Designation: …………………………………… …………………………….. (Stamp) Date: …………………………… Place: …………………………… PFC CONSULTING LIMITED 63RFP for Selection of Bidder as Transmission Service Provider FORMAT FOR AUTHORISATION (In case of Bidding Consortium, to be given separately by each Member) (On Non – judicial stamp paper duly attested by notary public. Foreign companies submitting bids are required to follow the applicable law in their country) The undersigned hereby authorize(s) and request(s) all our Bankers, including its subsidiaries and branches, any person, firm, corporation or authority to furnish pertinent information deemed necessary and requested by PFC Consulting Limited to verify our Bid for selection of Bidder as Transmission Service Provider to establish Inter-State Transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process or regarding our project development experience, financial standing and general reputation. For and on behalf of M/s……………. (Insert Name of Bidding Company or Member of the Consortium) ................................. (Signature) Name of Authorized Signatory: ………………………………………………. (Signature and Name of the authorized signatory of the Company) Place: ………………………… Date: …………………… …………………………….. (Company rubber stamp/seal) …………………………………. (Signature of Notary Public) Place: ………………………… Date: …………………… PFC CONSULTING LIMITED 64RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 6 - FORMAT FOR CONSORTIUM AGREEMENT (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution. Foreign companies submitting bids are required to follow the applicable law in their country) THIS CONSORTIUM AGREEMENT executed on this....................... day of ..................Two thousand..................between M/s................................................................, a company incorporated under the laws of ...................................... and having its Registered Office at ................................ (hereinafter called the "Party 1”, which expression shall include its successors, executors and permitted assigns) and M/s..................................................................a Company incorporated under the laws of ......................................................... and having its Registered Office at ............................................................ (hereinafter called the "Party n", which expression shall include its successors, executors and permitted assigns) and for the purpose of submitting the Bid, acquisition of SPV (UNDER INCORPORATION) (in case of award) and entering into other Agreement(s) as specified in the RFP (hereinafter referred to as “Agreements”) as may be entered into with the Nodal Agency. WHEREAS, the BPC had invited Bid in response to RFP issued to ……………………………… (insert the name of purchaser of RFP) for selection of the bidder as the Transmission Service Provider to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS”. AND WHEREAS, Clause 2.2.4 of the RFP document stipulates that the Bidders qualifying on the strength of a Bidding Consortium will have to submit a legally enforceable Consortium Agreement in a format specified in the RFP document wherein the Consortium Members have to commit equity of a specific percentage in the Project. AND WHEREAS, Clause 2.2.4 of the RFP document also stipulates that the Bidding Consortium shall provide along with the Bid, a Consortium Agreement as per prescribed format whereby the Consortium Members undertake to be liable for raising the required funds for its respective equity investment commitment as specified in Consortium Agreement. NOW THEREFORE, THIS INDENTURE WITNESSTH AS UNDER: In consideration of the above premises and agreement all the parties in this Consortium do hereby mutually agree as follows: 1. In consideration of the selection of the Consortium as the selected bidder by the BPC, we the Members of the Consortium and parties to the Consortium Agreement do hereby unequivocally agree that M/s........................................................... (Insert name of the Lead Member), shall act as the Lead Member as defined in the RFP for self and agent for and on behalf of ………., .................., .............., ............. (the names of all the other Members of the Consortium to be filled in here). 2. The Lead Member is hereby authorized by the Members of Consortium and parties to the Consortium Agreement to bind the Consortium and receive instructions for and on behalf of the Members. 3. Notwithstanding anything contrary contained in this Consortium Agreement, the Lead Member shall always be liable for the equity investment obligations of all the Consortium Members, i.e., for both its own equity contribution as well as the equity contribution of other Members. PFC CONSULTING LIMITED 65RFP for Selection of Bidder as Transmission Service Provider 4. The Lead Member shall be liable and responsible for ensuring the individual and collective commitment of each of the Members of the Consortium in discharging all their respective equity obligations. Each Consortium Member further undertakes to be individually liable for the performance of its part of the obligations without in any way limiting the scope of collective liability envisaged in this agreement. 5. Subject to the terms of this agreement, the share of each Member of the Consortium in the “issued equity share capital of the project company” shall be in the following proportion: (if applicable) Name Percentage of equity holding in the Project Party 1 ……….. ……….. ……….. Party n ……….. Total 100% [Note: The percentage equity holding for any Consortium Member in the Project cannot be zero in the above table] 6. The Lead Member shall inter alia undertake full responsibility for liaising with lenders and mobilizing debt resources for the Project and achieving financial closure. 7. In case of any breach of any of the equity investment commitment by any of the Consortium Members, the Lead Member shall be liable for the consequences thereof. 8. Except as specified in the Agreement, it is agreed that sharing of responsibilities as aforesaid and equity investment obligations thereto shall not in any way be a limitation of responsibility of the Lead Member under these presents. 9. It is further specifically agreed that the financial liability for equity contribution of Lead Member shall, not be limited in any way so as to restrict or limit its liabilities. The Lead Member shall be liable irrespective of their scope of work or financial commitments. 10. It is expressly understood and agreed between the Members that the responsibilities and obligations of each of the Members shall be as delineated as annexed hereto as Appendix-I, forming integral part of this Agreement. It is further agreed by the Members that the above sharing of responsibilities and obligations shall not in any way be a limitation of joint and several responsibilities and liabilities of the Members, with regards to all matters relating to the Project. 11. It is clearly agreed that the Lead Member shall ensure performance under the Agreements and if one or more Consortium Members fail to perform its /their respective obligations under the Agreement(s), the same shall be deemed to be a default by all the Consortium Members. 12. This Consortium Agreement shall be construed and interpreted in accordance with the Laws of India and courts at Delhi alone shall have the exclusive jurisdiction in all matters relating thereto and arising there under. 13. It is hereby agreed that, the Lead Member shall furnish the bid bond, as stipulated in the RFP, on behalf of the Consortium Members. 14. It is hereby agreed that in case of selection of Bidding Consortium as the selected bidder, the parties to this Consortium Agreement do hereby agree that they shall furnish the contract performance guarantee on behalf of the TSP in favour of the Nodal Agency, as stipulated in the RFP and Transmission Service Agreement. PFC CONSULTING LIMITED 66RFP for Selection of Bidder as Transmission Service Provider 15. It is further expressly agreed that the Consortium Agreement shall be irrevocable and shall form an integral part of the RFP Project Document and shall remain valid till the execution of the Share Purchase Agreement, unless expressly agreed to the contrary by the Nodal Agency. Over the term of the Transmission Service Agreement, Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations as amended from time to time shall apply on the Consortium Members. 16. The Lead Member is authorized and shall be fully responsible for the accuracy and veracity of the representations and information submitted by the Consortium Members respectively from time to time in response to the RFP and for the purposes of the Project. 17. It is hereby expressly agreed between the parties to this Consortium Agreement that neither party shall assign or delegate its rights, duties or obligations under this Agreement except with the prior written consent of the Nodal Agency. THIS CONSORTIUM AGREEMENT: a. has been duly executed and delivered on behalf of each party hereto and constitutes the legal, valid, binding and enforceable obligation of each such party, b. sets forth the entire understanding of the parties hereto with respect to the subject matter hereof; c. may not be amended or modified except in writing signed by each of the parties and with prior written consent of the Nodal Agency. IN WITNESS WHEREOF, the parties to the Consortium Agreement have, through their authorized representatives, executed these present on the Day, Month and Year first mentioned above. For and on behalf of Consortium Member 1 (Party 1) M/s…………………………. .................................................... (Signature of authorized signatory) Name: …………………………. Designation: ............…………………. Place: ……………………………….. Date: ………………………………… For and on behalf of Consortium Member n (Party n) M/s…………………………. .................................................... (Signature of authorized signatory) Name: …………………………… Designation: ..........…………………... PFC CONSULTING LIMITED 67RFP for Selection of Bidder as Transmission Service Provider Place: ………………………………. Date: ………………………………... Attested: ……………………………….. (Signature) (Notary Public) Place: ………………………. Date: ………………………. Note: In case of foreign Bidders, refer to clause 2.5.6 (p) PFC CONSULTING LIMITED 68RFP for Selection of Bidder as Transmission Service Provider Appendix 1 to the Consortium Agreement: Name of the Consortium Member Responsibilities under the Consortium Agreement M/s …………… (Party 1) M/s …………… M/s …………… (Party n) PFC CONSULTING LIMITED 69RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 7 A - FORMAT FOR QUALIFICATION REQUIREMENT A. NET WORTH To, PFC Consulting Limited 9th Floor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Dear Sir, Sub: Bid for selection of Bidder as Transmission Service Provider to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process 1. [Note: Applicable in case of Bidding Company] We certify that the Financially Evaluated Entity (ies) had a Networth of Rs. ……… Crore or equivalent USD* computed as per instructions in this RFP based on unconsolidated audited annual accounts (refer Note-2 below) of any of the last three (3) financial years as provided in Clause 2.2.3, immediately preceding the Bid Deadline. Also, the Networth of any of the last three (3) financial years is not negative. Name of Financially Relationship with Bidding Networth Financial Year Evaluated Entity(ies) Company** (Rs. Crore) 1. ……………………….. 2. ……………………….. 3. ……………………….. …. Total Networth *Equivalent USD shall be calculated as per provisions of Clause 3.4.1. ** The column for “Relationship with Bidding Company” is to be filled in only in case financial capability of Parent/Affiliate has been used for meeting Qualification Requirements. 2. [Note: Applicable in case of Bidding Consortium] We certify that the Financially Evaluated Entity (ies) had a minimum Networth of Rs. …….. Crore or equivalent USD* computed as per instructions in the RFP and based on unconsolidated audited annual accounts (refer Note-2 below) of any of the last three (3) financial years as provided in Clause 2.2.3, immediately preceding the Bid Deadline. Also, the Networth of any of the last three (3) financial years is not negative. Networth Whether the Name of Equity Networth of Requirement to be Member meets Consortium Commitment in Member (Rs. met by Member in the Networth Member the Project (%) Crore) proportion to the Requirement Equity Commitment (Rs. Crore) (1) (2) (3) (4 )= (2 x Total (5) PFC CONSULTING LIMITED 70RFP for Selection of Bidder as Transmission Service Provider Networth Whether the Name of Equity Networth of Requirement to be Member meets Consortium Commitment in Member (Rs. met by Member in the Networth Member the Project (%) Crore) proportion to the Requirement Equity Commitment (Rs. Crore) (As per table Networth below) requirement for the Project ) 1. …………… Yes / No 2. …………… Yes / No .. Yes / No Total Networth for financial requirement Member – I (Lead Member) [Note: Similar particulars for each Member of the Consortium is to be furnished, duly certified by the Member’s Statutory Auditors] i. Name of Member: ............................................ ii. Total Networth requirement: Rs ……………… Crore iii. Percentage of equity commitment for the Project by the Member: …………% iv. Networth requirement for the Member***: Rs. ………………. Crore v. Financial year considered for the Member: …………………………. Name of Financially Relationship** with Member Financial Networth Evaluated Entity(ies) of Consortium Year (Rs. Crore) 1. …………………………. 2. …………………………. 3. …………………………. Total Networth * Equivalent USD shall be calculated as per provisions of Clause 3.4.1; ** The column for “Relationship with Member of Consortium” is to be filled in only in case the financial capability of Parent / Affiliate has been used for meeting Qualification Requirements; *** Networth requirement to be met by Member should be in proportion to the equity commitment of the Member for the Project. Yours faithfully PFC CONSULTING LIMITED 71RFP for Selection of Bidder as Transmission Service Provider ……………………………………… (Signature and name of the authorized signatory of the Company and Stamp) Name : …………………………………. Date : …………………………………. Place : …………………………………. ………………………………………… (Signature and Stamp of statutory Auditors of Bidding Company / each Member of Consortium) Name : …………………………………. Date : …………………………………. Place : …………………………………. Date : …………………………………. Notes: 1. Along with the above format, in a separate sheet, please provide details of computation of Networth of last three (3) financial years duly certified by Statutory Auditor. 2. Audited consolidated annual accounts of the Bidder may be used for the purpose of financial criteria provided the Bidder has at least 26% equity in each company whose accounts are merged in the audited consolidated accounts and provided further that the financial capability of such companies (of which accounts are being merged in the consolidated accounts) shall not be considered again for the purpose of evaluation of the Bid. 3. In case Bidder or a Member of Consortium takes recourse to its Parent/Affiliate for meeting technical / financial requirements, then the financial years considered for such purpose should be same for the Bidder / Member of Consortium and their respective Parent / Affiliate. PFC CONSULTING LIMITED 72RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 7B - FORMAT FOR TECHNICAL REQUIREMENT To, PFC Consulting Limited 9th Floor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Dear Sir, Sub: Bid for selection of Bidder as Transmission Service Provider to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process 1. To be used by Bidder using the development experience in infrastructure sector We certify that M/s. ………….. (Insert name of Technically Evaluated Entity (ies)) have experience of development of projects in the infrastructure sector in the last five (5) years whose aggregate capital expenditure is Rs. _____ Crore or equivalent USD*. We further certify that the capital expenditure of any single project considered for meeting the technical Qualification Requirement is not less than Rs.228 Crore or equivalent USD*. For this purpose, capital expenditure incurred on projects which have been either wholly completed / commissioned or partly completed projects put under commercial operation and for which operation has commenced till at least seven (7) days prior to the Bid Deadline has been considered. The project(s) considered for the purpose of technical experience (as per table given below) have been executed and owned to the extent as indicated in the table below (to be at least twenty – six percent (26%)) by the Bidding Company / Lead Member of the Consortium / our Parent / our Affiliate(s) [strike off whichever is not applicable] on operation of the projects. This technical requirement has been calculated as per the instructions provided in the RFP on the basis of following projects: Name of Date of Company Nature Date of Completion Percentag (which has Relationsh of Financial / e Equity executed the Relevan ip** with Project Closure Commissio Projec Holding of project at (3)) t Bidding Project (BOOT, of the ning / t cost Company whose Infrastr Company name BOT, Project Commercia (Rs. at (1) in technical ucture / Lead BOOM, (in DD / l Operation Crore) Complete capability has sector Member DBFOT MM / of partly d been used for etc.) YYYY) completed project(s) Qualification projects Requirement (1) (2) (3) (4) (5) (6) (7) (8) (9) ……………… ………. (Project 1) ……………… ………. Total (Rs. Crore) * Equivalent USD shall be calculated as per provisions of Clause ____ ** The column for “Relationship with Bidding Company / Lead Member” is to be filled in only in case technical capability of Parent/Affiliate has been used for meeting Qualification Requirements. PFC CONSULTING LIMITED 73RFP for Selection of Bidder as Transmission Service Provider We further certify that the Company(ies) as indicated in column (1) of the above table, whose technical capability has / have been used for meeting the qualification requirement, has / have held shareholding respectively of at least twenty – six percent (26%) from the date of financial closure till the date of commissioning / completion of the above project(s). 2. To be used by Bidder using construction experience in infrastructure sector. We certify that M/s. ………….. (Insert name of Technically Evaluated Entity(ies)) have received aggregate payments not less than Rs.1,140 Crore or equivalent USD (calculated as per provisions in Clause 3.4.1) from its client(s) for construction works fully completed during the last 5(five) financial years. We further certify that the payment received from each project shall not be less than Rs. 228 Crore or equivalent USD (calculated as per provisions in Clause 3.4.1). For this purpose, payments received on projects that have been commissioned/completed at least seven (7) days prior to the Bid Deadline shall be considered. Further only the payments (gross) actually received, during such 5 (five) financial years shall qualify for purposes of computing the technical capacity. We also confirm that construction works does not include cost of land supply of goods or equipment except when such goods or equipment form part of a turn-key construction contract/ EPC contract for the project. This technical requirement has been calculated as per the instructions provided in the RFP on the basis of following projects: Name of Company Date of (which has Relationship Nature Paymen award Date of executed the ** with of t Relevant of Completio project at (3)) Bidding Project Project receive Infrastruct contract n / whose technical Company / name (EPC, d ure sector (in Commissio capability has Lead Turnkey (Rs. dd/mm/ ning been used for Member etc) Crore) yy) Qualification Requirement (1) (2) (3) (4) (5) (6) (7) (8) ………………… ………. Project 1 ………………… ………. ………………… ………. Total (Rs. Crore) Yours faithfully …………………………………………….. (Signature and name of the authorized signatory of the Company and stamp) Name: ………………………………….. Date: ………………………………….. Place: ………………………………….. ………………………………………. PFC CONSULTING LIMITED 74RFP for Selection of Bidder as Transmission Service Provider (Signature and Stamp of statutory Auditors of Bidding Company/ Lead Member of Consortium) Name: ……………………………….. Date: ……………………………….. Place: ……………………………….. Date: …………………. Notes: 1. Along with the above format, in a separate sheet, please provide details of computation of capital expenditure of projects duly certified by Statutory Auditor of the project company. In addition, the Statutory Auditor of the project company should also certify that the capital expenditure of projects commissioned or completed 7 days prior to Bid Deadline has been capitalized in the books of accounts. Additionally, in case construction experience is used, a certificate(s) from the statutory auditors stating the payments received and the concerned client(s) stating the works commissioned during the past 5 years in respect of the projects specified above. In case a particular job/ contract has been jointly executed by the Bidder (as part of a consortium), it should further support its claim for the share in work done for that particular job/ contract by producing a certificate from its statutory auditor or the client. 2. In case the accounts for the financial year in which the project claimed for meeting qualification requirement has been commissioned are not audited, the Bidder shall give declaration in this regard duly certified by its statutory auditor. In such a case, Bidder shall provide details of computation of capital expenditure of such project(s) duly certified by Statutory Auditor of the project company and the Statutory Auditor of the project company should also certify that the capital expenditure of projects commissioned or completed shall be capitalized in the books of accounts upon finalization. 3. The unconsolidated audited annual accounts of both the TEE and the Bidding Company / Lead Member for the respective financial years (financial years in which financial closure was achieved to the financial year in which the said project was completed / commissioned) should be submitted. PFC CONSULTING LIMITED 75RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 7C - FORMAT FOR TECHNICAL & FINANCIAL REQUIREMENT – RELATIONSHIP & DETAILS OF EQUITY SHAREHOLDING [To be filled by Bidding Company / each Member of the Bidding Consortium including Lead Member if credentials of Parent and / or Affiliates have been used by them] To, PFC Consulting Limited 9th Floor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Dear Sir, Sub: Bid for selection of Bidder as Transmission Service Provider to establish Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process We certify that M/s. …………. (insert name of the Bidding Company / Consortium Members) have considered the technical and financial capability of its Parent and / or Affiliates, for the purpose of meeting Qualification Requirements as per the instructions provided in the RFP. The name of Parent and / or Affiliate, nature of relationship(s) with such Parent and / or Affiliate and details of equity holding are as follows: Relationship with Name of Company Type of credentials Details of equity Bidding Company / whose credentials considered (technical shareholding Consortium Member considered and / or financial) (refer notes below) (Parent / Affiliate) Company 1 ……………. ……………. ……………. …………….. NOTES: i. In case of Parent, the equity holding of the Parent in the Bidding Company / Member of the Bidding Consortium, including the Lead Member of the Consortium, need to be specified. ii. In case of Affiliate under direct control of Bidder, the equity holding of the Bidding Company / Member of the Bidding Consortium, including the Lead Member of the Consortium in the Affiliate, needs to be specified. iii. In case of Affiliate under common control of Parent, the equity holding of the Parent in the Affiliate of the Bidding Company / Member of the Bidding Consortium, including the Lead Member of the Consortium, needs to be specified. iv. Relationship of Parent / Affiliate with Bidding Company / Member of Consortium to be at the most seven (7) days prior to the Bid Deadline (as per Clause 2.1.4 of RFP) Yours faithfully ……………………………… (Signature and name of the authorized signatory of the Company and stamp) PFC CONSULTING LIMITED 76RFP for Selection of Bidder as Transmission Service Provider Name: ………………………… Date: ………………………… Place: ………………………… …………………………………… (Signature and Stamp of statutory Auditors of Bidding Company / each Member of Bidding Consortium) Name: …………………………….. Date: …………………………….. Place: …………………………….. Date: …………………………….. PFC CONSULTING LIMITED 77RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 7D - ADDITIONAL INFORMATION FOR VERIFICATION OF FINANCIAL AND TECHNICAL CAPABILITIES OF BIDDERS. …………………………………….………………………………. (Name of Bidder (Bidding Company/ Bidding Consortium or Technically/Financially Evaluated Entity (ies)) (Note: In case of Consortium, details to be filled in by Lead Member for each Member of the Consortium including the Lead Member and in case of the qualification requirements of Technically / Financially Evaluated Entity (ies) being used, to be filled by each of such entity (ies) i. Financial capability (Attachment 1): 1. Bidders shall attach unconsolidated / consolidated audited annual accounts, statements, as the case may be, (refer Clause 2.1.3) for the last three (3) financial years as Attachment 1. Such unconsolidated audited annual accounts shall include a Balance Sheet, Profit and Loss Account, Auditors Report and profit appropriation account. ii. Technical capability (Attachment 2): a. This attachment shall include details of projects completed/commissioned or partly completed projects for which commercial operation has commenced to be considered for the purpose of meeting Qualification Requirements. 1. To be used by Bidder using development experience in infrastructure sector Particulars Year 1 Year 2 Year 3 Year 4 Year 5 Name(s) of project(s) from Infrastructure sectors Location(s) including country(s) where project was set up Nature of Project Voltage level (if any) Capital cost of project(s) Rs. in Crore *Status of the project % of equity owned in the project(s) *Note 1: Date of completion/commissioning/commercial operation to be mentioned Note 2: For each project listed in the table, the Bidder shall furnish an executive summary including the following information:  Project model, i.e., BOO, BOOT, BOOM;  Debt financing and equity raised and provided by Bidder/Bidder’s Parent/Bidder’s Affiliate for the project, including names of lenders and investors;  Size and type of installation;  Technical data/information on major equipment installed  Description of role performed by the Bidder/Bidder’s Parent/Bidder’s Affiliate on the project PFC CONSULTING LIMITED 78RFP for Selection of Bidder as Transmission Service Provider  Clearances taken by the Bidder/Bidder’s Parent/Bidder’s Affiliate including but limited to right-of-way (RoW), forest clearance and other statutory / Govt. clearances.  Cost data (breakdown of major components)  Name of EPC and/or other major contractor  Construction time for the project  Names, addresses and contact numbers of owners of the projects  Operating reliability over the past five (5) years or since date of commercial operation  Operating environmental compliance history  Names of supervisory entities or consultant, if any  Date of commercial operation  Total duration of operation 2. To be used by Bidder using construction experience in infrastructure sector Particulars Year 1 Year 2 Year 3 Year 4 Year 5 Name(s) of project(s) from Infrastructure sectors Location(s) including country(s) where project was set up Nature of Project Voltage level (if any) Revenue received Rs. in Crore *Status of the project % of equity owned in the project(s) *Note 1: Date of completion/commissioning/commercial operation to be mentioned Note 2: For each project listed in the table, the Bidder shall furnish an executive summary including the following information:  Project model, i.e., EPC, Turnkey;  Size and type of installation;  Technical data/information on major equipment installed  Description of role performed by the Bidder/Bidder’s Parent/Bidder’s Affiliate on the project  Cost data (breakdown of major components)  Name of sub-contractor  Construction time for the project  Names, addresses and contact numbers of owners of the projects  Operating reliability over the past five (5) years or since date of commercial operation  Operating environmental compliance history  Names of supervisory entities or consultant, if any  Date of commercial operation  Total duration of operation iii. Attachment-3: a. For each project listed in Attachment 2 above, certificates of final acceptance and/or certificates of good operating performance duly issued by owners for the project and the same shall be certified as true by authorized signatory of the Bidding Company or the Lead Member of Consortium). In case the project listed in Attachment 2 is under BOOT / DBFOT mechanism, the certificates of final acceptance and/or certificates of good operating PFC CONSULTING LIMITED 79RFP for Selection of Bidder as Transmission Service Provider performance must be issued by the authority / independent engineer of the project as defined in the respective project agreement. For and on behalf of Bidding Company/Consortium M/s……………………………………………. ……………………………………. (Signature of authorized signatory) Name: …………………………………… Designation: …………………………………… Date: …………………………………… Place: …………………………………… PFC CONSULTING LIMITED 80RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 8 -UNDERTAKING AND DETAILS OF EQUITY INVESTMENT Format 1: Bidders' Undertakings [On the Letter Head of the Bidding Company/Lead Member of Bidding Consortium] Date: ................................ To, PFC Consulting Limited 9thFloor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Dear Sir, Sub: Bidders' Undertakings in respect of Bid for selection of Bidder as TSP to establish Inter-State transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” We hereby undertake on our own behalf and on behalf of the TSP, that if selected as the Successful Bidder for the Project: 1. The Project shall comply with all the relevant electricity laws, codes, regulations, standards and Prudent Utility Practices, environment laws and relevant technical, operational and safety standards, and we shall execute any agreements that may be required to be executed as per law in this regard. 2. We confirm that the Project shall also comply with the standards and codes as per Clause 1.6.1.2 of the RFP and the TSP shall comply with the provisions contained in the Central Electricity Regulatory Commission Grant of Connectivity, Long-term Access and Medium-term Open Access in inter-state Transmission and related matters Open Access) Regulations, 2009. 3. We give our unconditional acceptance to the RFP dated 11 February, 2026 issued by the BPC and the RFP Project Documents, as amended, and undertake to ensure that the TSP shall execute all the RFP Project Documents, as per the provisions of this RFP. 4. We have submitted the Bid on the terms and conditions contained in the RFP and the RFP Project Documents. Further, the Financial Bid submitted by us is strictly as per the format provided in Annexure 21 of the RFP, without mentioning any deviations, conditions, assumptions or notes in the said Annexure. 5. Our Bid is valid up to the period required under Clause 2.8 of the RFP. 6. Our Bid has been duly signed by authorized signatory and stamped in the manner and to the extent indicated in this RFP and the power of attorney / Board resolution in requisite format as per RFP has been enclosed with this undertaking. 7. We have assumed that if we are selected as the Successful Bidder, the provisions of the Consortium Agreement, to the extent and only in relation to equity lock in and our liability thereof shall get modified to give effect to the provisions of Clause 2.5.8 of this RFP and Article 18.1 of the Transmission Service Agreement. (Note: This is applicable only in case of a Bidding Consortium). PFC CONSULTING LIMITED 81RFP for Selection of Bidder as Transmission Service Provider 8. We confirm that our Bid meets the Scheduled COD of each transmission Element and the Project as specified below: S. No. Name of the Transmission Tentative Percentage of Element(s) Element Implementation Quoted which are pre- Timeframe Transmission required for Charges declaring the recoverable on commercial Scheduled COD operation of the Element (COD) of the of the Project respective Element 1 2 nos. of Synchronous 30 months from 100% N.A. Condensers (SynCon) units* at the date of 400 kV level of 765/400/220 kV allocation Fatehgarh-II PS along with 2 nos. of 400 kV bays *1 No. of SynCon unit comprises dynamic support of +300MVAr/- 200MVAr (Minimum) & Short Circuit contribution at PCC of 1200MVA (Minimum) Note: POWERGRID shall provide space (free of cost) for 2 Nos. (SynCon) units at Fatehgarh II PS along with 2 Nos. of 400 kV bays We agree that the payment of Transmission Charges for any Element irrespective of its successful commissioning on or before its Scheduled COD shall only be considered after the successful commissioning of Element(s) which are pre - required for declaring the commercial operation of such Element as mentioned in the above table. Scheduled COD for the Project: 30 months from the date of allocation 9. We confirm that our Financial Bid conforms to all the conditions mentioned in this RFP, and in particular, we confirm that: a. Financial Bid in the prescribed format of Annexure 21 has been submitted duly signed by the authorized signatory. b. Financial Bid is unconditional. c. Only one Financial Bid has been submitted. 10. We have neither made any statement nor provided any information in this Bid, which to the best of our knowledge is materially inaccurate or misleading. Further, all the confirmations, declarations and representations made in our Bid are true and accurate. In case this is found to be incorrect after our acquisition of SPV (UNDER INCORPORATION), pursuant to our selection as Selected Bidder, we agree that the same would be treated as a TSP's Event of Default under Transmission Service Agreement, and relevant provisions of Transmission Service Agreement shall apply. PFC CONSULTING LIMITED 82RFP for Selection of Bidder as Transmission Service Provider 11. We confirm that there are no litigations or other disputes against us which materially affect our ability to fulfill our obligations with regard to the Project as per the terms of RFP Project Documents. 12. Power of attorney/ Board resolution as per Clause 2.5.2 is enclosed. Signature and name of the authorized signatory of the Company and stamp of Bidding Company or Lead member of Consortium Note: 1. In case of foreign Bidders, refer to clause 2.5.6 (p) PFC CONSULTING LIMITED 83RFP for Selection of Bidder as Transmission Service Provider Format 2: Details of equity investment in Project 1.1.a Name of the Bidding Company/ Bidding Consortium: 1.1.b Name of the Lead Member in the case of a Bidding Consortium: 1.2 Investment details of the Bidding Company/Member of the Bidding Consortium investing in SPV (UNDER INCORPORATION) as per Clause 2.5.8.2. Name of the Bidding Relationship with Name of the Company Company/ Bidding Company investing in the equity % of equity participation in S. No. Member in /Member of the of the _____[Name of the _____[Name of SPV] case of a Bidding SPV] Bidding Consortium Consortium (1) (2) (3) (4) (5) TOTAL 100% * In case the Bidder proposes to invest through its Affiliate(s) / Parent Company / Ultimate Parent Company, the Bidder shall declare shareholding pattern of such Affiliate(s) / Parent Company / Ultimate Parent Company and provide documentary evidence to demonstrate relationship between the Bidder and the Affiliate(s) / Parent Company / Ultimate Parent Company. These documentary evidences could be, but not limited to, demat account statement(s) / Registrar of Companies' (ROC) certification / share registry book, etc duly certified by Company Secretary. Members of the Consortium or the Bidding Company making investment in the equity of the _____[Name of SPV] themselves to fill in their own names in the column (3) Signature and Name of authorized signatory in whose name power of attorney has been issued Signature of authorized signatory Name: …………………………………. Designation: …………………………... Date……………………………………. Company rubber stamp PFC CONSULTING LIMITED 84RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 9 -AUTHORISATION FROM PARENT/ AFFILIATE OF BIDDING COMPANY/ MEMBER OF BIDDING CONSORTIUM WHOSE TECHNICAL/ FINANCIAL CAPABILITY HAS BEEN USED BY THE BIDDING COMPANY/ MEMBER OF BIDDING CONSORTIUM. [On the Letter Head of the Parent /Affiliate] Name: ……………………………………………………………………. Full Address: ……………………………………………………………. Telephone No.: …………………………………………………………... E-mail address: …………………………………………………………... Fax / No.: ………………………………………………………………… To PFC Consulting Limited 9th Floor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Dear Sir, Sub: Authorization for use of Technical / Financial Capability of M/s………. (Insert name of Parent / Affiliate) by M/s …….. (Insert name of Bidding Company / Member of Bidding Consortium). We refer to the RFP dated 11 February, 2026 (‘RFP’) issued by you for selection of Bidder as Transmission Service Provider for establishing the Inter-State Transmission System for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS”. We confirm that M/s. ………. (Insert name of Bidding Company/ Consortium Member) has been authorized by us to use our technical and/or financial capability [strikeout whichever is not applicable] for meeting the Qualification Requirements for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS”. We have carefully read and examined in detail the RFP including in particular, Clause 2.1.4 of the RFP, and we are also submitting legally binding undertaking supported by a board resolution that all the equity investment obligations of M/s……………….…. (Insert Name of Bidding Company / Consortium Member), shall be deemed to be our equity investment obligations and in the event of any default the same shall be met by us. For and on behalf of M/s……………. (Insert Name of Parent / Affiliate) …………………………………… (Signature and Name of the authorized signatory of the Company and stamp) Name: ………………………………………. Date: ………………………………………. Place: ………………………………………. Notes: 1. The above undertaking can be furnished by Ultimate Parent of Technically Evaluated Entity or Financially Evaluated Entity, as the case maybe, if legally binding undertaking is also furnished by the Ultimate Parent on behalf of such Financially Evaluated Entity/Technically Evaluated Entity. PFC CONSULTING LIMITED 85RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 10- FORMAT OF UNDERTAKING BY TECHNICALLY / FINANCIALLY EVALUATED ENTITY / ULTIMATE PARENT COMPANY [On the Letter Head of the Technically / Financially Evaluated Entity / Ultimate Parent Company] Name: ……………………………………………………. Full Address: …………………………………………… Telephone No.: ………………………………………… E-mail address: ………………………………………… Fax/No.: ……………………………………………….. To: Chief Executive Officer PFC Consulting Limited 9thFloor, Wing-A, Statesman House, Connaught Place, New Delhi - 110001 Sub: Undertaking for equity investment Dear Sir, We refer to the Request for Proposal dated 11 February, 2026 ('RFP') issued by you regarding setting up of Inter-State transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” Project on build, own, operate and transfer basis. We have carefully read and examined in detail the RFP and the RFP Project Documents, including in particular, Clause 2.1.4 of the RFP and Clauses 2.5.2 and 2.5.8 of the RFP, regarding submission of an undertaking regarding the investment in the equity share capital of SPV (UNDER INCORPORATION) and provisions for minimum equity holding and equity lock-in. We have also noted the amount of the equity investment required to be made in SPV (UNDER INCORPORATION) by the …………………………………………………. [Insert the name of the Bidder or the Consortium Member] for the Project. In view of the above, we hereby undertake to you and confirm that in the event of failure of ……………………[Insert the name of the Bidder or the Consortium Member] to invest in full or in part, in the equity share capital of SPV (UNDER INCORPORATION) as specified in the Bid, we shall invest the said amount not invested by……………………………………..[Insert the name of the Bidder or the Consortium Member] in SPV (UNDER INCORPORATION) by purchase of existing shares or subscribing to the new shares of SPV (UNDER INCORPORATION), as stipulated by you. We have attached hereto certified true copy of the Board resolution whereby the Board of Directors of our Company has approved issue of this Undertaking by the Company. All the terms used herein but not defined, shall have the meaning as ascribed to the said terms under the RFP. Certified as true. …………………….. (Signature and Name of the authorized signatory of the Company and stamp) PFC CONSULTING LIMITED 86RFP for Selection of Bidder as Transmission Service Provider Note: 1. Wherever required, extract of the charter documents and documents such as a Board resolution should be submitted for verification. PFC CONSULTING LIMITED 87RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 11 - FORMATS FOR BOARD RESOLUTIONS Format 1 Format of the Board resolution for the Bidding Company / each Member of the Consortium / investing Affiliate / Parent Company / Ultimate Parent Company, where applicable [Reference Clause 2.5.2 of the RFP and the illustrations in Annexure 11A] [Note: The following resolution no.1 needs to be passed by the Boards of each of the entity/ (ies) making equity investment] The Board, after discussion, at the duly convened Meeting on ………………….. [Insert date], with the consent of all the Directors present and in compliance of the provisions of the Companies Act, 1956/2013, passed the following Resolution: 1. RESOLVED THAT pursuant to the provisions of the Companies Act, 1956 / Companies Act 2013 (as the case may be) and compliance thereof and as permitted under the Memorandum and Articles of Association of the company, approval of the Board be and is hereby accorded for investment of……….% (……per cent) of the total equity share capital of SPV (UNDER INCORPORATION) representing the entire amount proposed to be invested by the company for the transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS”, partly by acquisition of the existing equity shares from PFC Consulting Limited and / or partly by subscribing to the new equity shares, as per the terms of the RFP. [Note: Equity investment obligations by the Bidding Company/each Member of the Bidding Consortium/investing Affiliate or Parent or Ultimate Parent should add up to 100%.] [Note: In the event the Bidder is a Bidding Consortium, the following Board resolution no. 2 also needs to be passed by the Lead Member of the Bidding Consortium] 2. RESOLVED THAT approval of the Board be and is hereby accorded to contribute such further amount over and above the;………. percentage (__%) limit to the extent becoming necessary towards the total equity share in the SPV (UNDER INCORPORATION), obligatory on the part of the company pursuant to the terms and conditions contained in the Consortium Agreement dated …………….executed by the company as per the provisions of the RFP. [Note: In the event, the investing entity is an Affiliate or Parent or Ultimate Parent of the Bidder, the following Board resolution no. 3 shall also be passed by the Bidder] 3. FURTHER RESOLVED THAT the Board hereby acknowledges the Board Resolution(s) passed by the…………………….. [Name of the Affiliate(s)/ Parent / Ultimate Parent] regarding the investment of……….(….%) of the equity share capital requirements of SPV (UNDER INCORPORATION), which is to be invested by the …………………………….[Name of the Affiliate(s)/ Parent / Ultimate Parent] for the SPV (UNDER INCORPORATION), partly by acquisition of the existing equity shares from PFC Consulting Limited and partly by subscribing to the new equity shares, as per the terms of the RFP. [Note: The following resolution no. 4 is to be provided by the Bidding Company / Lead Member of the Consortium only] 4. FURTHER RESOLVED THAT MR/MS ……………………………..be and is hereby authorized to take all the steps required to be taken by the Company for submission of the Bid, including in particular, signing of the Bid, making changes thereto and submitting amended Bid, all the documents related to the Bid, PFC CONSULTING LIMITED 88RFP for Selection of Bidder as Transmission Service Provider certified copy of this Board resolution or letter or undertakings etc, required to be submitted to BPC as part of the Bid or such other documents as may be necessary in this regard. Certified True Copy Company rubber stamp to be affixed [Notes: 1) This certified true copy should be submitted on the letterhead of the Company, signed by the Company Secretary or any Whole Time Director/ Manager (supported by a specific board resolution) of the Bidding Company or the Lead Member of Consortium. 2) The contents of the format may be suitably re-worded indicating the identity of the entity passing the resolution, i.e., the Bidding Company, each Member of the Bidding Consortium. 3) This format may be modified only to the limited extent required to comply with the local regulations and laws applicable to a foreign entity submitting this resolution. For example, reference to Companies Act 1956 / Companies Act 2013 (as the case may be) may be suitably modified to refer to the law applicable to the entity submitting the resolution. However, in such case, the foreign entity shall submit an unqualified opinion issued by the legal counsel of such foreign entity, stating that the Board resolutions are in compliance with the applicable laws of the respective jurisdictions of the issuing company and the authorizations granted therein are true and valid.] PFC CONSULTING LIMITED 89RFP for Selection of Bidder as Transmission Service Provider Format 2 Format for the Board resolution of Technically / Financially Evaluated Entity / Ultimate Parent Company (in case credentials of such TEE/ FEE has been utilized by the Bidding Company or Bidding Consortium) The Board, after discussion, at the duly convened Meeting on …………………. [Insert date], with the consent of all the Directors present and in compliance of the provisions of the Companies Act, 1956 / 2013, passed the following Resolution: RESOLVED THAT pursuant to the provisions of the Companies Act, 1956 / Companies Act, 2013 (as the case may be) and compliance thereof and as permitted under the Memorandum and Articles of Association of the company, approval of the Board be and is hereby accorded for issuing an Undertaking to the BPC, in the format specified in the RFP issued by the BPC, draft of which is attached hereto and initialed by the Chairman whereby the company undertakes to invest …………….percent (.... %) of the total equity share capital of SPV (UNDER INCORPORATION) representing the entire amount proposed to be invested by …………………[insert the name of the Bidder or Member] for the said Project, in case of failure of …………………[Insert the name of the Bidder or Member] to make such investment". FURTHER RESOLVED THAT ................................................ ,be and is hereby authorized to take all the steps required to be taken by the Company, including in particular, signing the said Undertaking, submitting the same to the BPC through ………………………………[Insert name of Bidding Company/Lead Member of the Consortium] of all the related documents, certified copy of this Board resolution or letter, undertakings etc, required to be submitted to BPC as part of the Bid or such other documents as may be necessary in this regard. Certified True Copy Company rubber stamp to be affixed Note: 1. This certified true copy should be submitted on the letterhead of the Company, signed by the Company Secretary or any Whole-time Director/Manager (supported by a specific board resolution) of Bidding Company or Lead Member of the Consortium. 2. The contents of the format may be suitably re-worded indicating the identity of the entity passing the resolution. 2. This format may be modified only to the limited extent required to comply with the local regulations and laws applicable to a foreign entity submitting this resolution. For example, reference to Companies Act 1956 / Companies Act 2013 (as the case may be) may be suitably modified to refer to the law applicable to the entity submitting the resolution. However, in such case, the foreign entity shall submit an unqualified opinion issued by the legal counsel of such foreign entity, stating that the Board resolutions are in compliance with the applicable laws of the respective jurisdictions of the issuing company and the authorizations granted therein are true and valid. PFC CONSULTING LIMITED 90RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 11A – ILLUSTRATION FOR APPLICABLE BOARD RESOLUTION REQUIREMENTS UNDER CLAUSE 2.5.2 Entities (other than Bidder) whose Requirement of credentials (financial Applicable Board Investor in the TSP Undertaking (Annexure and/or technical) used Resolutions 10) by the Bidder for meeting RFP criteria Bidder himself for None a) Format 1 of None 100% equity Annexure 11 - Resolution: 1, 2 and 4 from the Bidder Bidder himself for Affiliate and/or Parent a) Format 1 of Yes, by either 100% equity Company and/or Annexure 11 - Technically / Ultimate Parent Resolution: 1, 2, and Financially Evaluated 4 from the Bidder Entity(ies) Affiliate(s) whose credentials b) Format 2 of have been used, or Annexure 11 by Ultimate Parent. either Technically/ Financially Provided, if the Bidder Evaluated himself is the Ultimate Entity(ies) whose Parent, then the credentials have undertaking need not been used, or be provided. Ultimate Parent. Provided, if the Bidder himself is the Ultimate Parent, then Format 2 need not be provided. Bidder himself + None a) Format 1 of None others (Affiliate Annexure 11 - and/or Parent Resolution: 1,2, 3 Company and/or and 4 from the Ultimate Parent) in Bidder. aggregate holding 100% equity b) Format 1 of Annexure 11 - Resolution: 1 from the Affiliate and /or Parent and /or Ultimate Parent investing in the equity Bidder himself + Affiliate and/or a) Format 1 of Yes, by either Parent/ others (Affiliate Parent Company Annexure 11 - Affiliate(s) whose and/or Ultimate Resolution: 1,2, 3 credentials have been PFC CONSULTING LIMITED 91RFP for Selection of Bidder as Transmission Service Provider Entities (other than Bidder) whose Requirement of credentials (financial Applicable Board Investor in the TSP Undertaking (Annexure and/or technical) used Resolutions 10) by the Bidder for meeting RFP criteria and/or Parent Parent and 4 from the used, or Ultimate Company and/or Bidder. Parent Ultimate Parent) in Aggregate holding b) Format 1 of 100% equity Annexure 11 - Resolution: 1 from the Affiliate and/or Parent and/or Ultimate Parent investing in the equity c) Format 2 of Annexure 11 by either Parent / Affiliate(s) whose credentials have been used and /or Ultimate Parent investing in the equity PFC CONSULTING LIMITED 92RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 12 - FORMAT FOR ILLUSTRATION OF AFFILIATES Indirectly Controls “Bidder” 100% Controls directly “Bidder” >26% >26% Is under Direct common control with “Bidder” Bidder 100% >26% % Is under Indirect common control with “Bidder” Is Controlled directly by “Bidder” 100% Is controlled indirectly by “Bidder” NOTE: Bidder to provide the illustration, as applicable in their case, duly certified by the Company Secretary and supported by documentary evidence in this regard. PFC CONSULTING LIMITED 93RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 13 - FORMAT FOR DISCLOSURE [On the letter head of Bidding Company / Each Member in a Bidding Consortium] Date: ………… DISCLOSURE We hereby declare that the following companies with which we/ have direct or indirect relationship are also separately participating in this Bid process as per following details S. No. Name of the Company Relationship 1. 2. 3. In case there is no such company please fill in the column “name of the company” as Nil. Further we confirm that we don’t have any Conflict of Interest with any other company participating in this bid process. Certified as True ………………………………………….. (Signature) Name: .................................................................... Signature & Name of authorized signatory of the Company and Stamp The above disclosure should be signed and certified as true by the authorized signatory of the Bidding Company or of the Member, in case of a Consortium). PFC CONSULTING LIMITED 94RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 14 - FORMAT OF THE BID BOND FORMAT OF THE UNCONDITIONAL AND IRREVOCABLE BANK GUARANTEE FOR BID BOND (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution.) In consideration of the ...................... [Insert name of the Bidder] submitting the Bid inter alia for establishing the Inter-State transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” on build, own, operate and transfer basis, in response to the RFP dated 11 February, 2026 issued by PFC Consulting Limited, the Bid Process Coordinator (hereinafter referred to as BPC) agreeing to consider such Bid of …………………………. [Insert the name of the Bidder] as per the terms of the RFP, the [Insert name and address of the bank issuing the Bid Bond, and address of the Head Office] (hereinafter referred to as "Guarantor Bank") hereby agrees unequivocally, irrevocably and unconditionally to pay to _______[Name of BPC] or its authorized representative at _____[Address of BPC] forthwith on demand in writing from _______[Name of BPC] or any representative authorized by it in this behalf, any amount up to and not exceeding Rupees________ Only (Rs _____ Crore), on behalf of M/s……………………………….[Insert name of the Bidder]. This guarantee shall be valid and binding on the Guarantor Bank up to and including ……………………… [Date to be inserted on the basis of Clause 2.11 of this RFP] and shall not be terminable by notice or any change in the constitution of the Guarantor Bank or by any other reasons whatsoever and our liability hereunder shall not be impaired or discharged by any extension of time or variations or alternations made, given, or agreed with or without our knowledge or consent, by or between concerned parties. Our liability under this Guarantee is restricted to Rupees ___________ Only (Rs ____ Crore). Our Guarantee shall remain in force until …………………….. [Date to be inserted on the basis of Clause 2.11 of this RFP]. _______[Name of BPC] or its authorized representative shall be entitled to invoke this Guarantee until …………… [Insert Date, which is three sixty-five days (365) days after the date in the preceding sentence]. The Guarantor Bank hereby expressly agrees that it shall not require any proof in addition to the written demand from _______[Name of BPC] or its authorized representative, made in any format, raised at the above-mentioned address of the Guarantor Bank, in order to make the said payment to _______[Name of BPC] or its authorized representative. The Guarantor Bank shall make payment hereunder on first demand without restriction or conditions and notwithstanding any objection, disputes, or disparities raised by the Bidder or any other person. The Guarantor Bank shall not require _______[Name of BPC] or its authorized representative to justify the invocation of this BANK GUARANTEE, nor shall the Guarantor Bank have any recourse against _______[Name of BPC] or its authorized representative in respect of any payment made hereunder. This BANK GUARANTEE shall be interpreted in accordance with the laws of India. The Guarantor Bank represents that this BANK GUARANTEE has been established in such form and with such content that it is fully enforceable in accordance with its terms as against the Guarantor Bank in the manner provided herein. This BANK GUARANTEE shall not be affected in any manner by reason of merger, amalgamation, restructuring or any other change in the constitution of the Guarantor Bank. This BANK GUARANTEE shall be a primary obligation of the Guarantor Bank and accordingly _______[Name of BPC] or its authorized representative shall not be obliged before enforcing this BANK GUARANTEE to take any action in any court or arbitral proceedings against the Bidder, to make any claim PFC CONSULTING LIMITED 95RFP for Selection of Bidder as Transmission Service Provider against or any demand on the Bidder or to give any notice to the Bidder to enforce any security held by _______[Name of BPC] or its authorized representative or to exercise, levy or enforce any distress, diligence or other process against the Bidder. Notwithstanding anything contained hereinabove, our liability under this Guarantee is restricted to Rupees _____________ Only (Rs ____ Crore) and it shall remain in force until ………… [Date to be inserted on the basis of Clause 2.11 of RFP], with an additional claim period of three hundred sixty-five (365) days thereafter. We are liable to pay the guaranteed amount or any part thereof under this BANK GUARANTEE only if _______[Name of BPC] or its authorized representative serves upon us a written claim or demand. In witness whereof the Bank, through its authorized officer, has set its hand and stamp on this…………….. day of ........................................................ at……………………………… Witness: 1…………………………………………. Signature: ……………………… Name and Address Name: ……………..……………. 2. ……………………………………….. Designation with Stamp: Name and Address Signature ……………………. Attorney as per power of attorney No.…………………………………… For: ……………………………………………………… [Insert Name of the Bank] Banker’s Stamp and Full Address: Dated this ……………… day of …………. 20…….. Notes: The Stamp Paper should be in the name of the Executing Bank. PFC CONSULTING LIMITED 96RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 14 A - FORMAT OF THE SURETY BOND FOR BID SECURITY FORMAT OF THE SURETY BOND (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution.) In consideration of the ..................[Insert name of the Bidder] submitting the Bid inter alia for establishing the Inter-State transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” on build, own, operate and transfer basis, in response to the RFP dated 11 February, 2026 issued by PFC Consulting Limited, the Bid Process Coordinator (hereinafter referred to as BPC) agreeing to consider such Bid of …………………………. [Insert the name of the Bidder] as per the terms of the RFP, the [Insert name of Surety Insurer issuing the surety bond and address of Head Office] (hereinafter referred to as "Surety Insurer") hereby agrees unequivocally, irrevocably and unconditionally to pay to _______[Name of BPC] or its authorized representative at _____[Address of BPC] forthwith on demand in writing from _______[Name of BPC] or any representative authorized by it in this behalf, any amount up to and not exceeding Rupees ________ Only (Rs _____ Crore) (the “Surety Bond”),on behalf of M/s……………………………….[Insert name of the Bidder]. This surety bond shall be valid and binding on the Surety Insurer up to and including ……………………… [Date to be inserted on the basis of Clause 2.11 of this RFP] and shall not be terminable by notice or any change in the constitution of the Surety Insurer or by any other reasons whatsoever and our liability hereunder shall not be impaired or discharged by any extension of time or variations or alternations made, given, or agreed with or without our knowledge or consent, by or between concerned parties. Our liability under this Surety Bond is restricted to Rupees ___________ Only (Rs ____ Crore). The Surety Bond shall remain in force until ……………………..[Date to be inserted on the basis of Clause 2.11 of this RFP]. PFC Consulting Limited or its authorized representative shall be entitled to invoke this Surety bond until …………… [Insert Date, which is one hundred eighty (180) days after the date in the preceding sentence]. The Surety Insurer hereby expressly agrees that it shall not require any proof except for the written demand from PFC Consulting Limited or its authorized representative, made in any format, raised at the above mentioned address of the Surety Insurer, in order to make the said payment to PFC Consulting Limited or its authorized representative. The Surety Insurer shall make payment hereunder on first demand without restriction or conditions and notwithstanding any objection, disputes, or disparities raised by the Bidder or any other person. The Surety Insurer shall not require PFC Consulting Limited or its authorized representative to justify the invocation of this surety bond, nor shall the Surety Insurer have any recourse against PFC Consulting Limited or its authorized representative in respect of any payment made hereunder. This Surety Bond shall be interpreted in accordance with the laws of India. The Surety Insurer represents that this Surety Bond has been established in such form and with such content that it is fully enforceable in accordance with its terms as against the Surety Insurer in the manner provided herein. This Surety Bond shall not be affected in any manner by reason of merger, amalgamation, restructuring, liquidation, winding up, dissolution or any other change in the constitution of the Surety Insurer. PFC CONSULTING LIMITED 97RFP for Selection of Bidder as Transmission Service Provider This Surety Bond shall be a primary obligation of the Surety Insurer and accordingly PFC Consulting Limited or its authorized representative shall not be obliged before enforcing this Surety Bond to take any action in any court or arbitral proceedings against the Bidder, to make any claim against or any demand on the Bidder or to give any notice to the Bidder to enforce any security held by PFC Consulting Limited or its authorized representative or to exercise, levy or enforce any distress, diligence or other process against the Bidder. The Surety Insurer declares that it has power to issue this Surety Bond and discharge the obligations contemplated herein, the undersigned is duly authorized and has full power to execute this Surety Bond for and on behalf of the Surety Insurer. Notwithstanding anything contained hereinabove, our liability under this surety bond is restricted to Rupees _____________ Only (Rs ____ Crore) and it shall remain in force until ………… [Date to be inserted on the basis of Clause 2.11 of RFP], with an additional claim period of one hundred eighty (180) days thereafter. We are liable to pay the guaranteed amount or any part thereof under this Surety Bond only if PFC Consulting Limited or its authorized representative serves upon us a written claim or demand. In witness where of: Signature……………………………………….. Name: …………………………………………… Power of attorney No/ Employee No. as applicable.: ………………………... For: …………………………… [Insert Name of the Surety-Insurance Company] Banker's Seal and Full Address, including mailing address of the Head Office Notes: 1. The Stamp Paper should be in the name of the Executing Insurance Company. PFC CONSULTING LIMITED 98RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 14B - Format of Payment on Order Instrument to be issued by IREDA/REC/PFC (to be submitted separately for each Project) No. Date … .................... [Insert name of BPC] ______________________________ Reg: M/s___________(insert name of the bidding entity) - Issuance of Payment on Order Instrument for an amount of Rs.________ Dear Sir, 1. At the request of M/s.…………………. (Insert name of the bidding entity), this Payment on Order Instrument (POI) for an amount of Rs………………. (Rupees (In words)) is being issued by M/s. (Insert Name of the POI issuing Agency) (‘IREDA/REC/PFC’). This Payment on Order Instrument comes into force immediately. 2. In consideration of the ……………. [Insert name of the Bidding Entity] (hereinafter referred to as ‘Bidder’) submitting the response to RFP issued by PFC Consulting Limited for the project Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS and [Insert name of BPC] considering such response to the RfP of M/s.………………….. [Insert the name of Bidding Entity] as per the terms of the RFP, the ……………….. [Insert name & address of IREDA/PFC/REC] hereby agrees unequivocally, irrevocably and unconditionally to pay to PFC Consulting Limited at [Insert Name of the Place from the address of the BPC] forthwith without demur on demand in writing from PFC Consulting Limited or any Officer authorized by it in this behalf, any amount up to and not exceeding Rupees [Insert amount not less than the bid bond value indicated in RFP] only, on behalf of M/s. [Insert name of the Bidding Entity]. 3. In consideration of the above facts, IREDA/REC/PFC, having its registered office at …………………… agrees to make payment for the sum of Rs (in words …………………) to …………….. PFC Consulting Limited on the following conditions: (a) IREDA/REC/PFC agrees to make payment of the above said amount unconditionally, without demur and without protest within a period of ______ days of receipt of request from [Insert name of BPC] within the validity period of this letter as specified herein; (b) The commitment of IREDA/REC/PFC, under this Payment on Order Instrument will have the same effect as that of the commitment under the Bank Guarantee issued by any Public Sector Bank and shall be enforceable in the same manner as in the case of a Bank Guarantee issued by a Bank and the same shall be irrevocable and shall be honoured irrespective of any agreement or its breach between IREDA/REC/PFC or its constituents notwithstanding any dispute that may be raised by them against [Insert name of BPC]; (c) The liability of IREDA/REC/PFC continues to be valid and binding on IREDA/REC/PFC and shall not be terminated, impaired, and discharged by virtue of change in its PFC CONSULTING LIMITED 99RFP for Selection of Bidder as Transmission Service Provider constitution and specific liability under this POI shall be binding on its successors or assignors; (d) The liability of IREDA/REC/PFC shall continue to be valid and binding on IREDA/REC/PFC and shall not be terminated/impaired/discharged by any extension of time or variation and alteration made, given or agreed with or without knowledge or consent of the parties ([Insert name of BPC] and Bidder), subject however to the maximum extent of amount stated herein and IREDA/REC/PFC is not liable to any interest or costs etc.; (e) This Payment on Order Instrument can be invoked either partially or fully, till the date of validity; (f) IREDA/REC/PFC agrees that it shall not require any proof in addition to the written demand by [Insert name of BPC] made in any format within the validity period. IREDA/REC/PFC shall not require [Insert name of BPC] to justify the invocation of the POI against the Bidder, to make any claim against or any demand against the Bidder or to give any notice to the Bidder; (g) The POI shall be the primary obligation of IREDA/REC/PFC and …………….. [Insert name of BPC] shall not be obliged, before enforcing the POI, to take any action in any court or arbitral proceedings against the Bidder; (h) The POI shall not be affected in any manner by reason of merger, amalgamation, restructuring or any other changes in constitution of IREDA/REC/PFC; (i) Neither the …………….. [Insert name of BPC] is required to justify the invocation of this POI nor shall IREDA/REC/PFC have any recourse against the …………….. [Insert name of BPC] in respect of the payment made under this POI. 4. Notwithstanding anything contrary contained anywhere in this POI or in any other documents, this POI is and shall remain valid up to [Insert the date of validity of the POI as per Clause 2.11.1 of the RFP], with an additional claim period of three hundred and sixty-five (365) days thereafter and IREDA/REC/PFC shall make payment thereunder only if a written demand or request is raised within the said date and to the maximum extent of Rs……………. and IREDA/REC/PFC shall in no case be liable for any interest, costs, charges, and expenses and IREDA’s/REC’s/PFC’s liability in no case will exceed more than the above amount stipulated. 5. In pursuance of the above, IREDA/REC/PFC and [Insert name of BPC] have signed an Umbrella Agreement dated …………… setting out the terms and conditions for issue of letter of undertaking by IREDA/REC/PFC to PFC Consulting Limited and the said terms and conditions shall be read as a part of this POI issued for the project of PP mentioned above. Thanking you, Yours faithfully For and on behalf of M/s………………… (Name of the POI issuing agency) ( ) General Manager Copy to M/s……………………. as per their request ( ) General Manager PFC CONSULTING LIMITED 100RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 15 - FORMAT FOR CONTRACT PERFORMANCE GUARANTEE (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution. Foreign entities submitting Bids are required to follow the applicable law in their country) In consideration of the ………………………… [Insert name of the SPV or Selected Bidder on behalf of SPV or Lead Member in case of the Consortium, with address] agreeing to undertake the obligations under the Transmission Service Agreement dated ………………………… and the other RFP Project Documents and the Nodal Agency and PFC Consulting Limited, agreeing to execute the RFP Project Documents with the Selected Bidder, regarding setting up the Project, the……………………………[Insert name and address of the bank issuing the guarantee and address of the head office] (hereinafter referred to as "Guarantor Bank") hereby agrees unequivocally, irrevocably and unconditionally to pay to the Nodal Agency at………………………… [Insert Place and Address of the Nodal Agency indicated in TSA] forthwith on demand in writing from the Nodal Agency or any Officer authorized by it in this behalf, any amount up to and not exceeding Rupees……………………………Crores (Rs……………….) only [Insert the amount of the bank guarantee] on behalf of M/s……………………… [Insert name of the Selected Bidder / SPV]. This guarantee shall be valid and binding on the Guarantor Bank up to and including ………………..and shall not be terminable by notice or any change in the constitution of the Bank or the term of the Transmission Service Agreement or by any other reasons whatsoever and our liability hereunder shall not be impaired or discharged by any extension of time or variations or alternations made, given, or agreed with or without our knowledge or consent, by or between parties to the respective agreement. Our liability under this Guarantee is restricted to Rupees ……………. Crores (Rs………………………) only. Our Guarantee shall remain in force until…………… [Insert the date of validity of the Guarantee as per Clause 2.12.1 of the RFP]. The Nodal Agency shall be entitled to invoke this Guarantee up to three hundred sixty five (365) days of the last date of the validity of this Guarantee. The Guarantor Bank hereby expressly agrees that it shall not require any proof in addition to the written demand from the Nodal Agency, made in any format, raised at the above mentioned address of the Guarantor Bank, in order to make the said payment to the Nodal Agency. The Guarantor Bank shall make payment hereunder on first demand without restriction or conditions and notwithstanding any objection by SPV (UNDER INCORPORATION), ………… [Insert name of the Selected Bidder], …………. [Insert name of the TSP] and/or any other person. The Guarantor Bank shall not require the Nodal Agency to justify the invocation of this BANK GUARANTEE, nor shall the Guarantor Bank have any recourse against the Nodal Agency in respect of any payment made hereunder. This BANK GUARANTEE shall be interpreted in accordance with the laws of India. The Guarantor Bank represents that this BANK GUARANTEE has been established in such form and with such content that it is fully enforceable in accordance with its terms as against the Guarantor Bank in the manner provided herein. This BANK GUARANTEE shall not be affected in any manner by reason of merger, amalgamation, restructuring, liquidation, winding up, dissolution or any other change in the constitution of the Guarantor Bank. This BANK GUARANTEE shall be a primary obligation of the Guarantor Bank and accordingly the Nodal Agency shall not be obliged before enforcing this BANK GUARANTEE to take any action in any court or arbitral proceedings against SPV (UNDER INCORPORATION) or the Selected Bidder, to make any claim against or any demand on SPV (UNDER INCORPORATION) or the Selected Bidder, as the case PFC CONSULTING LIMITED 101RFP for Selection of Bidder as Transmission Service Provider may be, or to give any notice to SPV (UNDER INCORPORATION) or the Selected Bidder, as the case may be, or to enforce any security held by the Nodal Agency or to exercise, levy or enforce any distress, diligence or other process against SPV (UNDER INCORPORATION) or the Selected Bidder, as the case may be. The Guarantor Bank acknowledges that this BANK GUARANTEE is not personal to the Nodal Agency and may be assigned, in whole or in part, (whether absolutely or by way of security) by Nodal Agency to any entity to whom the Nodal Agency is entitled to assign its rights and obligations under the Transmission Service Agreement. The Guarantor Bank hereby agrees and acknowledges that the Nodal Agency shall have a right to invoke this Bank Guarantee either in part or in full, as it may deem fit. Notwithstanding anything contained hereinabove, our liability under this Guarantee is restricted to Rupees ……………………..Crore (Rs ……………..) only and it shall remain in force until [Date to be inserted on the basis of Article 3.1.2 of TSA], with an additional claim period of three hundred sixty five (365) days thereafter. This BANK GUARANTEE shall be extended from time to time for such period, as may be desired by………………… [Insert name of the Selected Bidder or Lead Member in case of the Consortium or SPV]. We are liable to pay the guaranteed amount or any part thereof under this Bank Guarantee only if the Nodal Agency serves upon us a written claim or demand. In witness where of: Signature……………………………………….. Name: …………………………………………… Power of attorney No.: ………………………... For: …………………………… [Insert Name of the Bank] Banker's Seal and Full Address, including mailing address of the Head Office Notes: 1. The Stamp Paper should be in the name of the Executing Bank. PFC CONSULTING LIMITED 102RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 15A: FORMAT FOR SURETY INSURANCE CONTRACT (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution. Foreign entities submitting Bids are required to follow the applicable law of India) In consideration of the ....................................................... [Insert name of the SPV or Selected Bidder on behalf of SPV or Lead Member in case of the Consortium, with address] (hereinafter referred to as the ‘Principal Debtor’ for the purposes of this Surety Insurance Contract as provided in Section 126 of the Indian Contract Act, 1872) having been selected to undertake the Transmission Project on the terms and conditions contained in the Transmission Service Agreement dated …………………………/ to be executed as per the Model Transmission Service Agreement provided along with the Request for Proposal (‘RFP’) and other RFP Project Documents, subject to the condition of providing a Performance Bank Guarantee or a Surety Insurance Contract guaranteeing/insuring the due performance of the obligations under the Transmission Service Agreement, to the Central Transmission Utility of India Limited (‘CTUIL’) [herein after referred to as the Nodal Agency], the [Insert name and address of the Insurance Company issuing the Surety Insurance Contract and address of the head office] (hereinafter referred to as "Surety") hereby agrees unequivocally, irrevocably, absolutely and unconditionally, without demur, to pay to the Nodal Agency at ................. [Insert Place and Address of the Nodal Agency indicated in Transmission Service Agreement, or to the designated Bank Account of the Nodal Agency, namely……..] forthwith on demand in writing from the Nodal Agency, or any Officer authorized by it in this behalf, intimated to the Surety at the address mentioned above, any amount as may be decided by the Nodal Agency not exceeding Rupees ……………………………Crores (Rs……………….) only [Insert the amount of the Surety Insurance Contract] The Surety hereby acknowledges, accepts and confirms that the Surety has received from the Principal Debtor, by way of premium the entire consideration for the Surety to execute, in favour of the Nodal Agency, this Surety Insurance Contract, as extended by the Surety from time to time and assuming the obligation to pay to the Nodal Agency the amount in terms hereof, without any requirement for payment of any other consideration to the Surety by the Principal Debtor, or otherwise. This Surety Insurance Contract shall be valid and binding on the Surety, as the principal obligation of the Surety to pay on demand by the Nodal Agency, and shall not be terminable by notice or any change in the constitution of the Surety or the term of the Transmission Service Agreement or by any other reasons whatsoever and the liability hereunder of the Surety shall not be impaired or discharged by any extension of time or variations or alternations made, given, or agreed (with or without the knowledge or consent of the Surety) by or between the Principal Debtor and the Nodal Agency. The liability of the Surety under this Surety Insurance Contract is restricted to Rupees ……………. Crores (Rs....................................................................................... ) only. The Surety Insurance Contract shall remain in force until........................................................... [Insert the date of validity of the Surety Insurance Contract]. The Nodal Agency shall be entitled to invoke this Surety Insurance Contract up to three hundred sixty five (365) days after the last date of the validity of this Surety Insurance Contract. The Surety hereby expressly agrees that it shall not require any proof except for the written demand from the Nodal Agency, containing the statement that the contractor has failed to meet its contractual obligations raised at the above mentioned address of the Surety (address of Surety office should be a place in NCR only) and the Surety shall pay the amount without reference to the Principal Debtor. Any such demand made by the Nodal Agency on the Surety shall be conclusive and binding not withstanding any difference between the Nodal Agency and the Principal Debtor or any dispute PFC CONSULTING LIMITED 103RFP for Selection of Bidder as Transmission Service Provider pending before any Court, Tribunal, Arbitrator or any other authority. The Surety undertakes not to revoke this guarantee during its currency without previous consent of the Nodal Agency and further agrees that the Surety Insurance Contract herein contained shall continue to be enforceable till the Nodal Agency discharges this contract or till the expiry of tenor(including Claim period) whichever is earlier. The Surety shall make payment hereunder within two (02) working days on first demand without restriction or conditions and notwithstanding any objection by the Principal Debtor, namely, ……… [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person. The Surety shall not require the Nodal Agency to justify the invocation of this Surety Insurance Contract, nor shall the Surety have any recourse against the Nodal Agency in respect of any payment made hereunder. This SURETY INSURANCE CONTRACT shall be interpreted in accordance with the laws of India. This SURETY INSURANCE CONTRACT is being executed by the Surety in terms of the IRDAI (Surety Insurance Contract) Guidelines, 2022 and the Surety hereby acknowledges, accepts and confirms that this Surety Insurance Contract shall be a Contract of Guarantee as provided under Section 126 of the Indian Contract Act, 1872 and further shall be covered by Section 14(3) (b) of the Insolvency and Bankruptcy Code, 2016 (as amended) shall be enforceable as such. The Surety represents that this Surety Insurance Contract has been established in such form and with such content that it is fully enforceable in accordance with its terms as against the Surety in the manner provided herein. This SURETY INSURANCE CONTRACT shall not be affected in any manner by reason of merger, amalgamation, restructuring, liquidation, winding up, dissolution or any other change in the constitution of the Surety. In order to give effect to this surety Bond, the Nodal Agency shall be entitled to act as if the surety insurer were the principal debtor and any change in the constitution of the contractor and/or the surety insurer, whether by their absorption with any other body or corporation or otherwise, shall not in any way or manner affect the liability or obligation of the surety insurer under this surety Bond. This SURETY INSURANCE CONTRACT shall be a primary obligation of the Surety as a Principal to pay on demand by the Nodal Agency and the Nodal Agency shall not be obliged before enforcing this Surety Insurance Contract to take any action in any court or arbitral proceedings against the Principal Debtor, namely, ……… [Insert name of SPV], or .............................. [Insert name of the Selected Bidder], or ........................................................................................... [Insert name of the TSP] and/or any other person, as the case may be, to make any claim against or any demand on the Principal Debtor, namely, ........................................................................................... [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or ................................................. [Insert name of the TSP] and/or any other person, as the case may be, or to give any notice to Principal Debtor, namely……… [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or … ......... [Insert name of the TSP] and/or any other person, as the case may be, or to enforce any security held by the Nodal Agency or to exercise, levy or enforce any distress, diligence or other process against the Principal Debtor, namely, ……………… [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person, as the case may be. The Surety acknowledges that this Surety Insurance Contract is not personal to the Nodal Agency and PFC CONSULTING LIMITED 104RFP for Selection of Bidder as Transmission Service Provider may be assigned, in whole or in part, (whether absolutely or by way of security) by Nodal Agency to any entity to whom the Nodal Agency is entitled to assign its rights and obligations under the Transmission Service Agreement Provided that any such assignment shall be in compliance with the relevant provisions of the Insurance Act 1938 The Surety hereby agrees and acknowledges that the Nodal Agency shall have a right to invoke this Surety Insurance Contract either in part or in full, as it may deem fit. In case of invocation of this Surety Insurance Contract in part, besides making payment for the part of Surety Insurance Contract invoked, surety at the request of nodal agency shall amend the value of Surety Insurance Contract to the extent of balance amount. The Surety undertakes not to revoke this Surety Contract during its currency, except with the previous express consent of the Nodal Agency in writing and declares and warrants that it has the power to issue this Surety Contract and the undersigned has full powers to do so on behalf of the Surety In witness where of: Signature……………………………………….. Name: …………………………………………… Power of attorney No/ Employee No. as applicable. :………………………... For: … .............................................. [Insert Name of the Surety- Insurance Company] Banker's Seal and Full Address, including mailing address of the Head Office Notes: 1. The Stamp Paper should be in the name of the Executing Insurance Company. PFC CONSULTING LIMITED 105RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 15B: FORMAT FOR ISSUANCE OF PAYMENT ON ORDER INSTRUMENT Dear Sir, 1. Indian Renewable Energy Development Agency Limited ('IREDA")/PFC/REC has sanctioned a non-fund based limit loan of Rs. (Rupees……………………………………… Only) to M/s. …………………………………………………… [Insert name of SPV or selected Bidder] under the Loan Agreement executed on ……………………. to execute Transmission System Projects. 2. In consideration of the ................................................. [Insert name of the SPV or Selected Bidder on behalf of SPV or Lead Member in case of the Consortium, with address] for the purposes of this Payment on Order Instrument (“POI”) having been selected to undertake the Transmission Project on the terms and conditions contained in the Transmission Service Agreement dated …………………………/ to be executed as per the draft of the Model Transmission Service Agreement provided along with the Request for Proposal („RFP‟) and other RFP Project Documents, subject to the condition of providing a POI guaranteeing the due performance of the obligations under the Transmission Service Agreement to the Nodal Agency/Central Transmission Utility of India Limited („CTUIL‟), the……………………………[Insert name and address of the non-banking financial institutions(IREDA/PFC/REC) issuing the POI and address of the head office] (hereinafter referred to as “Guarantor") hereby agrees unequivocally, irrevocably, absolutely and unconditionally, without demur, to pay to the Nodal Agency at ........................................................... [Insert Place and Address of the Nodal Agency indicated in Transmission Service Agreement, or to the designated Bank Account of the Nodal Agency, namely……..] forthwith on demand in writing from the Nodal Agency, or any Officer authorized by it in this behalf, intimated to the Guarantor at the address mentioned above, any amount as may be decided by the Nodal Agency not exceeding Rupees.......................................................................... Crores (Rs ) only [Insert the amount of Payment on Order Instrument] 3. At the request of ……………………………….and on behalf of M/s. ………………………………………, [Insert name of SPV or selected Bidder] this Payment on Order Instrument (POI) for an amount of Rs ……………………….. (Rupees ………………………..) is being issued with IREDA/PFC/REC assuming the obligations to remit such amount to CTUIL from the sanctioned loan. 4. This Payment on Order Instrument comes into force immediately and IREDA/PFC/REC confirms that it has sufficient amount out of the sanctioned loan and shall maintain the required amount to pay under this Payment on Order Instrument, during the validity and claim period of this Payment on Order Instrument. 5. This POI has been issued by IREDA/PFC/REC utilizing the credit limit of M/s.……………………………………………..[Insert name of SPV or selected Bidder] IREDA/PFC/REC confirms that its liability to pay under this Payment on Order Instrument shall be primary and independent of whether at the time of invocation of Payment on Order Instrument, the sanctioned funds are available or not and notwithstanding, the status of M/s. ………………………………… [Insert name of SPV or selected Bidder] at the relevant time and to whether IREDA/PFC/REC is able to recover the amount advanced by it to the said developer. 6. IREDA/PFC/REC and M/s. [Insert name of SPV or selected Bidder] hereby acknowledges, accepts and confirms that this Payment on Order Instrument shall be a Contract of Guarantee as provided under Section 126 of the Indian Contract Act, 1872 and further shall be covered by Section 14(3) (b) of the Insolvency and Bankruptcy Code, 2016 (as PFC CONSULTING LIMITED 106RFP for Selection of Bidder as Transmission Service Provider amended) shall be enforceable as such. 7. IREDA/PFC/REC liability under this POI is restricted to Rupees Crores (Rs………………………) only. This POI shall remain in force until…………… [Insert the date of validity of the POI]. The Nodal Agency shall be entitled to invoke this POI up to three hundred sixty-five (365) days after the last date of the validity of this POI. This POI shall be extended from time to time for such period, as may be desired by the TSP. 8. The Guarantor hereby expressly agrees that it shall not require any proof except for the written demand from the Nodal Agency, raised at the above-mentioned address of the Guarantor (address of Guarantor office should be in NCR only) and the Guarantor shall pay the amount to the Nodal Agency without reference to the TSP. 9. Any such demand made by the Nodal Agency on the Guarantor shall be conclusive and binding not withstanding any difference between the Nodal Agency and the TSP or any dispute pending before any Court, Tribunal, Arbitrator or any other authority. The Guarantor undertakes not to revoke this guarantee during its currency without previous consent of the Nodal Agency and further agrees that the POI herein contained shall continue to be enforceable till the Nodal Agency discharges this contract or till the expiry of tenure or (including Claim period) whichever is earlier. 10. The Guarantor shall make payment hereunder within two (02) working days on first demand without restriction or conditions and notwithstanding any objection or disputes raised by the TSP, namely, ……… [Insert name of SPV], or [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person. The Guarantor shall not require the Nodal Agency to justify the invocation of this POI, nor shall the Guarantor have any recourse against the Nodal Agency in respect of any payment made hereunder. 11. This POI shall be interpreted in accordance with the laws of India. 12. The Guarantor represents that this POI Contract has been established in such form and with such content that it is fully enforceable in accordance with its terms as against the Guarantor in the manner provided herein. 13. This POI shall not be affected in any manner by reason of merger, amalgamation, restructuring, liquidation, winding up, dissolution or any other change in the constitution of the Guarantor. 14. This POI Contract shall be a primary obligation of the Guarantor as a Principal to pay on demand by the Nodal Agency and the Nodal Agency shall not be obliged before enforcing this POI Contract to take any action in any court or arbitral proceedings against the TSP, namely, …… [Insert name of SPV], or [Insert name of the Selected Bidder], or [Insert name of the TSP] and/or any other person, as the case may be to make any claim against or any demand on the TSP, namely, ……… [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or __________________[Insert name of the TSP] and/or any other person, as the case may be, or to give any notice to TSP, namely……… [Insert name of SPV], or [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person, as the case may be, or to enforce any security held by the Nodal Agency or to exercise, levy or enforce any distress, diligence or other process against the TSP, namely, ……………… [Insert name of SPV], or [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person, as the case may be. PFC CONSULTING LIMITED 107RFP for Selection of Bidder as Transmission Service Provider 15. The Guarantor acknowledges that this POI Contract is not personal to the Nodal Agency and may be assigned, in whole or in part, (whether absolutely or by way of security) by Nodal Agency to any entity to whom the Nodal Agency is entitled to assign its rights and obligations under the Transmission Service Agreement. 16. The Guarantor hereby agrees and acknowledges that the Nodal Agency shall have a right to invoke this POI Contract either in part or in full, as it may deem fit. In case of invocation of this POI Contract in part, besides making payment for the part of POI Contract invoked, Guarantor at the request of Nodal Agency shall amend the value of POI Contract to the extent of balance amount. IN WITNESS WHERE OF the non- banking financial institutions through its authorized officer, has set its hand and stamp on this……. day of……..at……… Signature………………………………………. Name: …………………………………………… Power of attorney No.: ………………………... For: … ............................................. [Insert Name of the non- banking financial institutions Company] Seal and Full Address, including mailing address of the Head Office PFC CONSULTING LIMITED 108RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 16 – FORMAT OF CHECKLIST FOR TECHNICAL BID SUBMISSION REQUIREMENTS [This format needs to be duly filled in, signed by the authorized signatory of the Bidder (Bidding Company / Lead Member in case of a Bidding Consortium) and submitted along with the Bidder’s Technical Bid] Response Technical Bid Submission Requirements (Yes / No) 1. Format for the Covering Letter on the letterhead of Bidding Company or Lead Member of the Consortium, as applicable; 2. Format for Letter of Consent from each Consortium Member, including Lead Member, on their respective letterheads; 3. Format for evidence of authorized signatory’s authority; 4. Board resolution from the Bidding Company / Lead Member of the Consortium in favour of the person executing the Power of Attorney as per Annexure 3; 5. Power of Attorney from each Consortium Member in favour of Lead Member to be provided by each of the other Members of the Consortium as per Annexure 4; 6. Board Resolution from each Member of the Consortium, other than the Lead Member, in favour of their respective authorized representatives for executing the POA, Consortium Agreement and signing of the requisite formats; 7. Format for Bidder’s composition and ownership structure, along with status of equity holding (owning ten percent or more of the total paid up equity) not earlier than thirty (30) days prior to the Bid Deadline as per Annexure 5; 8. Consortium Agreement duly signed as per Annexure 6, along with Appendix-1, indicating the responsibilities and obligations of each Member of the Consortium; 9. Format for Qualification Requirement: a. Calculation sheets, detailing computation of Networth considered for meeting Qualifying Requirements, duly signed and stamped by the Statutory Auditor of the Bidding Company / each Member in case of a Bidding Consortium / FEE in cases where credentials of FEE are taken; b. Calculation sheets, detailing computation of capital expenditure of projects and revenue received in construction projects considered for meeting Qualification Requirements, duly signed and stamped by the Statutory Auditor of the Bidding Company / Lead Member in case of Bidding Consortium / TEE in cases where credentials of TEE are taken; c. Last financial year unconsolidated / consolidated audited annual accounts / statements, as the case may be, of the Financially Evaluated Entity / Technical Evaluated Entity d. Unconsolidated audited annual accounts of both the TEE and the PFC CONSULTING LIMITED 109RFP for Selection of Bidder as Transmission Service Provider Response Technical Bid Submission Requirements (Yes / No) Bidding Company/Lead member, as applicable, from the financial years in which financial closure was achieved till the financial year in which the said project was completed / commissioned. 10. Copy of the Memorandum and Articles of Association and certificate of incorporation or other organizational document (as applicable), including their amendments, certified by the Company Secretary of Bidding Company or each Member in case of a Consortium including Lead Member. 11. Attachment of Annexure 7(D), detailing projects completed / commissioned and for which commercial operation has commenced including Executive Summary for each project. 12. For each project listed in the attachment above, certified true copy of the certificates of final acceptance and / or certificates of good operating performance duly issued by owners or clients for the project, duly signed by authorized signatory in support of technical capability as defined in Clause 2.1.2 of RFP. 13. Authority letter in favour of BPC from the Bidder/every Member of the Consortium authorizing the BPC to seek reference from their respective bankers & others. 14. Authorization from Parent / Affiliate of Bidding Company / Member of Bidding Consortium whose technical / financial capability has been used by the Bidding Company / Member of Bidding Consortium. 15. Initialing of all pages of Technical Bid by the Authorized Signatory in whose favour the POA (Annexure 3) has been executed. 16. Format for Illustration of Affiliates at the most seven (7) days prior to the Bid Deadline, duly certified by Company Secretary and supported by documentary evidence. 17. Certified copy of the Register of Members / Demat Account Statement, Share Certificate, Annual Return filed with ROC etc. submitted as documentary evidence along with Annexure 12. 18. Format for Disclosure by Bidding Company / each Member of the Consortium. 19. Format for Affidavit by the Bidding Company / each Member of the Consortium 20. Format for Authorization submitted in Non-Judicial stamp paper duly notarized. 21. Bidders Undertaking and details of Equity Investment 22. Proof of Payment of RFP Fees 23. Bid Bond 24. Board Resolution as per Annexure 11 (If required) [Note: The checklist is not exhaustive. Bidders are required to submit all the information/documents as per requirement of RFP] PFC CONSULTING LIMITED 110RFP for Selection of Bidder as Transmission Service Provider For and on behalf of Bidder M/s. ………………………………………………. ………………………………………………….. (Signature of authorized signatory) PFC CONSULTING LIMITED 111RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 17 – LIST OF BANKS The list of banks shall include all Scheduled Commercial Banks as per Second Schedule of RBI Act-1934 and any amendments thereof. Note: The above list of banks is indicative and can be modified by the BPC as required and any such change shall not be construed as a deviation from this document. PFC CONSULTING LIMITED 112RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 18 - GRID MAP OF THE PROJECT PFC CONSULTING LIMITED 113RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 19 - FORMAT FOR CLARIFICATIONS / AMENDMENTS ON THE RFP / RFP PROJECT DOCUMENTS Rationale for Clause No. Suggested text Name of the Clarification the S. No. and Existing for the Document required Clarification or provision amendment Amendment Signature ……………………………… Name…………………………………... For Bidder’s Rubber Stamp and Full Address. (Note: This format shall be used for submission of requests for clarifications/ amendments on the draft RFP Project Documents as per the provisions of Clause 2.3.1) PFC CONSULTING LIMITED 114RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 20 - LIST FOR RFP PROJECT DOCUMENTS ENCLOSURE 1: TRANSMISSION SERVICE AGREEMENT (Provided separately) ENCLOSURE 2: SHARE PURCHASE AGREEMENT (Provided Separately) …………………………………………………………………………….. PFC CONSULTING LIMITED 115RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 21 - FORMAT FOR FINANCIAL BID [To be uploaded online] Quoted Transmission Charges ……….. Notes 1. The Bidders are required to ensure compliance with the provisions of Clause 2.5.3 of this RFP. 2. Quotes to be in Rupees Millions and shall be up to two (2) decimal points. 3. The contents of this format shall be clearly typed. 4. The Financial Bid shall be digitally signed by the authorized signatory in whose name power of attorney as per Clause 2.5.2 is issued. 5. Ensure only one value for annual Transmission Charges is quoted. The same charge shall be payable every year to TSP for the term of TSA. PFC CONSULTING LIMITED 116RFP for Selection of Bidder as Transmission Service Provider ANNEXURE 22 – FORMAT FOR AFFIDAVIT [On non-judicial stamp paper. Foreign companies submitting bids are required to follow the applicable law in their country] AFFIDAVIT We [including any of our Affiliate and Consortium Member & any of its Affiliate], hereby declare that as on Bid Deadline: a. the Bidder & any of its Affiliate including any Consortium Member & any of its Affiliate, their directors or key personnel have not been barred or included in the blacklist by any government agency or authority in India, the government of the jurisdiction of the Bidder or Members where they are incorporated or the jurisdiction of their principal place of business, any international financial institution such as the World Bank Group, Asian Development Bank, African Development Bank, Inter-American Development Bank, Asian Infrastructure Investment Bank etc. or the United Nations or any of its agencies; or b. the Bidder & any of its Affiliate including any Consortium Member & any of its Affiliate or their directors have not been convicted of any offence in India or abroad. We further declare that following investigations are pending / no investigation is pending [strike off whichever is not applicable] against us [including any of our Consortium Member or Affiliate or Parent or Ultimate Parent or Affiliate] or CEO or any of our directors/ manager/key managerial personnel of the Applicant /Consortium Member or their Affiliates. We further undertake to inform the BPC of any such matter as mentioned above on its occurrence after the date of this affidavit till the Effective Date. We undertake that, in case, any information provided in relation to this affidavit is found incorrect at any time hereafter, our BID / Letter of Intent / contract (if entered) would stand rejected / recalled / terminated, as the case may be. ……………………………………. Signature and Name of the authorized signatory of the Bidding Company / Lead Member of the Bidding Consortium ………………………….. (Signature of Notary Public) Place: ………………………… Date: ………………………… Note: In case any investigation is pending against the Applicant, including any Consortium Member or Affiliate, or CEO or any of the directors/ manager/key managerial personnel of the Applicant /Consortium /Member or their Affiliates, full details of such investigation including the name of the investigating agency, the charge/offence for which the investigation has been launched, name and PFC CONSULTING LIMITED 117RFP for Selection of Bidder as Transmission Service Provider designation of persons against whom the investigation has been launched and other relevant information should be disclosed under this affidavit. PFC CONSULTING LIMITED 118RFP for Selection of Bidder as Transmission Service Provider ANNEXURE A Technical Details with respect to electronic bidding Registration Methodology In order to submit online bids in the e-bidding process for selection of Transmission Service Provider, interested Bidders are required to register themselves with the e-procurement website of MSTC limited namely www.mstcecommerce.com/eprochome/tsp/index.jsp. To register with the website, the Bidder is required to fill up the online form available under the link Register as Vendor in the above website and fill up the same and click on Submit. During this process, the Bidder shall create his user id and password and keep note of the same. The Bidder shall ensure that the secrecy of his user id and password is maintained at all time and he/she shall alone be responsible for any misuse of the user id and password. The Bidder may check the details entered by it before final submission. On successful submission of the online registration Form, the Bidder shall receive a confirmation mail in the registered email address advising the Bidder to submit the following documents. i. Self-attested Income Tax PAN Card. In case of a registered Company or Firm, the Firm's PAN card and in case of a proprietorship firm, proprietor’s personal PAN card is required. In case of partnership firm, PAN of the firm and that of the authorized partner are to be submitted. ii. Copy of the confirmation email Letter received from MSTC after successful completion of on-line registration. iii. A non-refundable registration fee of Rs.10,000/- plus GST as per applicable rate to be paid online. The account details will be available in the System generated email sent by MSTC post registration. Please provide details of payment made like UTR No, remitting bank name, date of payment and amount in the covering letter. The Bidder shall have to submit all the above documents to MSTC Limited for verification and activation of their login ids. The Bidders should send scanned copies of the above documents to the designated email id only which is given below. tsp@mstcindia.co.in It may be noted that Bidders need not visit any of the offices of MSTC Limited for submission of the documents. Contact persons of MSTC Limited: Ms. Rupali 9458704037 Ms. Archana Juneja 9990673698 Mr. Setu Dutt Sharma 7878055855 PFC CONSULTING LIMITED 119RFP for Selection of Bidder as Transmission Service Provider Once the complete set of documents and requisite registration fee are received from a Bidder, MSTC shall activate the Bidder’s login after verification / scrutiny of the documents. MSTC Limited reserves the right to call for additional documents from the Bidder if needed and the Bidder shall be obliged to submit the same. On completion of the above stated registration process, a Bidder shall be able to login to MSTC’s website. PFC CONSULTING LIMITED 120RFP for Selection of Bidder as Transmission Service Provider ANNEXURE B Draft Pre-Award Integrity Pact GENERAL This pre-bid contract Agreement (herein after called the Integrity Pact) is made on …………….. day of the month of …………. 20………, between, on one hand, ……………………………………. [Insert name of BPC] through Shri ……………………….. [Insert Name & designation of representative of BPC] (hereinafter called the "Bid Process Coordinator/ BPC", which expression shall mean and include, unless the context otherwise requires, his successors in the office and assigns) of the First Part and M/s ………………………… represented by Shri ……………………………………….. [Insert Name & Designation of Authorized Signatory of the Bidder/ Lead Member of Consortium] (hereinafter called the "Bidder" which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the Second Part. WHEREAS the BPC is conducting the bidding process for selection of bidder as Transmission Service Provider (TSP) for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS”, who will be responsible to set up the transmission project on build, own, operate and transfer (BOOT) basis and to provide Transmission Service. WHEREAS the Bidder is a Private Company/Public Company/Government Undertaking/ Partnership, constituted in accordance with the relevant law in the matter and the BPC is a Public Sector Undertaking (PSU) performing its function on behalf of the Ministry of Power, Government of India. NOW, THEREFORE, To avoid all forms of corruption by following a system that is fair, transparent and free from any influence/prejudiced dealings during the complete bidding process with a view to: - Enabling the BPC to select the bidder as TSP in conformity with the defined procedures by avoiding the high cost and the distortionary impact of corruption on public procurement, and Enabling Bidder to abstain from bribing or indulging in any corrupt practice in order to emerge as selected bidder by providing assurance to them that their competitors will also abstain from bribing and other practices and the BPC will commit to prevent corruption, in any form, by its officials by following transparent procedures. The parties hereto hereby agree to enter into this Integrity Pact and agree as follows: Commitments of BPC 1.1 The BPC undertakes that no official of the BPC, connected directly or indirectly with the bidding process, will demand, take a promise for or accept, directly or through intermediaries, any bribe, consideration, gift, reward, favour or any material or immaterial benefit or any other advantage from the BIDDER, either for themselves or for any person, organization or third party related to the bidding process in exchange for an advantage in the bidding process, bid evaluation, contracting or implementation process related to the contract. 1.2 The BPC will, during the bidding stage, treat all bidders alike, and will provide to all bidders the same information and will not provide any such information to any particular bidder PFC CONSULTING LIMITED 121RFP for Selection of Bidder as Transmission Service Provider which could afford an advantage to that particular bidder in comparison to the other bidders. 1.3 All the officials of the BPC will report the appropriate Government office any attempted or completed breaches of the above commitments as well as any substantial suspicion of such a breach. 2. In case of any such preceding misconduct on the part of such official(s) is reported by the Bidder to the BPC with the full and verifiable facts and the same is prima facie found to be correct by the BPC, necessary disciplinary proceedings, or any other action as deemed fit, including criminal proceedings may be initiated by the BPC and such a person shall be debarred from further dealings related to the bidding process. In such a case while an enquiry is being conducted by the BPC the proceedings under the bidding process would not be stalled. Commitments of Bidder 3. The Bidder commits itself to take all measures necessary to prevent corrupt practices, unfair means and illegal activities during any stage of its bid or during any pre award stage in order to emerge as Selected Bidder or in furtherance to secure it and in particular commits itself to the following: - 3.1 The Bidder will not offer, directly or through intermediaries, any bribe, gift, consideration, reward, favour, any material or immaterial benefit or other advantage, commission, fees, brokerage or inducement to any official of the BPC, connected directly or indirectly with the bidding process, or to any person, organization or third party related to the bidding process in exchange for any advantage in the bidding, evaluation, contracting and implementation of the bidding process. 3.2 The Bidder further undertakes that it has not given, offered or promised to give, directly or indirectly any bribe, gift, consideration, reward, favour, any material or immaterial benefit or other advantage, commission, fees, brokerage or inducement to any official of the BPC or otherwise in bidding process or for bearing to do or having done any act in relation to bidding process or any other contract with the Government for showing or forbearing to show favour or disfavour to any person in relation to the bidding process or any other contract with the Government. 3.3 The Bidder shall disclose the name and address of agents and representatives and Indian Bidder shall disclose their foreign principals or associates. 3.4 The Bidder shall disclose the payments to be made by them to agents/brokers or any other intermediary, in connection with this bid. 3.5 The Bidder further confirms and declares to the BPC that the Bidder has not engaged any individual or firm or company whether Indian or foreign to intercede, facilitate or in any way to recommend to the BPC or any of its functionaries, whether officially or unofficially for selection of Bidder as TSP, nor has any amount been paid, promised or intended to be paid to any such individual, firm or company in respect of any such intercession, facilitation or recommendation. 3.6 The Bidder, either while presenting the bid or during pre-award negotiations or before PFC CONSULTING LIMITED 122RFP for Selection of Bidder as Transmission Service Provider signing the Share Purchase Agreement, shall disclose any payments he has made, is committed to or intends to make to officials of the BPC or their family members, agents, brokers or any other intermediaries in connection with the bidding process and the details of services agreed upon for such payments. 3.7 The Bidder will not collude with other parties interested in the bidding process to impair the transparency, fairness and progress of the bidding process. 3.8 The Bidder will not accept any advantage in exchange for any corrupt practice, unfair means and illegal activities. 3.9 The Bidder shall not use improperly, for purpose of competition or personal gain, or pass on to others, any information provided by the BPC as part of the business relationship, regarding plans, technical proposal and business details, including information contained in any electronic data carrier. The Bidder also undertakes to exercise due and adequate care lest any such information is divulged. 3.10 The Bidder commits to refrain from giving any complaint directly or through any other manner without supporting it with full and verifiable facts. 3.11 The Bidder shall not instigate or cause to instigate any third person to commit any of the actions mentioned above. 3.12 The Bidder shall not lend to or borrow any money from or enter into any monetary dealings or transactions, directly or indirectly, with any employee of the BPC. 4. Previous Transgression 4.1 The Bidder declares that no previous transgression occurred in the last three years immediately before signing of this Integrity Pact, with any other company in any country in respect of any corrupt practices envisaged hereunder or with any Public Sector Enterprise in India or any Government Department in India that could justify Bidder’s exclusion from the bidding process. 4.2 The Bidder agrees that if it makes incorrect statement on this subject, Bidder can be disqualified from the tender process or the contract, if already awarded, can be terminated for such reason. 5. Bid Bond (Security Deposit) 5.1 Along with the technical bid, the Bidder shall submit Bid Bond for an amount of Rs.…………………………. (as per the amount specified in Request for Proposal (RFP) Document) issued by any Banks from the list provided in RFP Document] as Earnest Money/Security Deposit, with the BPC. 5.2 The Earnest Money/Security Deposit shall be valid & retained by the BPC for such period as specified in the RFP Document. 5.3 No interest shall be payable by the BPC to the Bidder on Earnest Money/Security Deposit for the period of its currency. PFC CONSULTING LIMITED 123RFP for Selection of Bidder as Transmission Service Provider 6. Sanctions for Violations 6.1 Any breach of the aforesaid provisions by the Bidder or any one employed by it or acting on its behalf (whether with or without the knowledge of the Bidder) shall entitle the BPC to take all or anyone of the following actions, wherever required:- (i) To immediately call off the pre-award negotiations without assigning any reason or giving any compensation to the Bidder. However, the proceedings with the other Bidder (s) would continue. (ii) The Bid Bond (in pre-award stage) shall stand forfeited either fully or partially, as decided by the BPC and the BPC shall not be required to assign any reason therefore. (iii) To immediately cancel the award, if already awarded, without giving any compensation to the Bidder. (iv) To cancel all or any other contracts with the Bidder. The Bidder shall be liable to pay compensation for any loss or damage to the BPC resulting from such cancellation/rescission. (v) To debar the Bidder from participation in any tender or RFP issued by any BPC for an indefinite period. (vi) To recover all sums paid in violation of this Pact by Bidder to any middleman or agent or broker with a view to securing the award. 6.2 The BPC will be entitled to take all or any of the actions mentioned at para 6.1 (i) to (vi) of this Pact also on the Commission by the Bidder or anyone employed by it or acting on its behalf (whether with or without the knowledge of the Bidder), of an offence as defined in Chapter IX of the Indian Penal code, 1860 or Prevention of Corruption Act, 1988 or any other statute enacted for prevention of corruption. 6.3 The decision of the BPC to the effect that a breach of the provisions of this Pact has been committed by the Bidder shall be final and conclusive on the Bidder. However, the Bidder can approach the Independent Monitor(s) appointed for the purposes of this Pact. 7. Independent Monitors 7.1 The BPC has appointed Independent Monitors (hereinafter referred to as Monitors) for this Pact in consultation with the Central Vigilance Commission (Names and Addresses of the Monitors to be given). Shri Jeyakodi Virusankulam Kumarasamy, IAS (Retd.) R/o 3F, Orchid Villa, 6" Avenue, Harrington Road, Chetpet, Chennai-600031 Mob No – 9176699444 Email ID- jeyakodivk@gmail.com Shri Sanjiv Garg IRTS (Retd.) A-14/1, Vasant Vihar, New Delhi-110057 PFC CONSULTING LIMITED 124RFP for Selection of Bidder as Transmission Service Provider Mob No – 9818798390 Email ID- sanjivgarg.iem@gmail.com 7.2 The task of the Monitors shall be to review independently and objectively, whether and to what extent the parties comply with the obligations under this Pact. 7.3 The Monitors shall not be subject to instructions by the representatives of the parties and perform their functions neutrally and independently. 7.4 Both the parties accept that the Monitors have the right to access all the documents relating to the project/procurement, including minutes of meetings. 7.5 As soon as the Monitor notices, or has reason to believe, a violation of this Pact, he will so inform the Authority designated by the BPC. 7.6 The Bidder accepts that the Monitors has the right to access without restriction to all Project documentation of the BPC including that provided by the Bidder. The Monitor shall be under contractual obligation to treat the information and documents of the Bidder /Subcontractors(s) with confidentially. [As all the bid documents are with BPC only] 7.7 The BPC will provide to the Monitors sufficient information about all meetings among the parties related to the Project provided such meetings could have an impact on the contractual relations between the parties. The parties will offer to the monitor the option to participate in such meetings. 7.8 The Monitor will submit a written report to the designated Authority of the BPC/Secretary in the Department within 8 to 10 weeks from the date of reference or intimation to him by the BPC / Bidder and, should the occasion arise, submit proposals for correcting problematic situations. 8. Facilitation of Investigation In case of any allegation of violation of any provisions of this Pact or payment of commission, the BPC or its agencies shall be entitled to examine all the documents including the Books of Accounts of the Bidder and the Bidder shall provide necessary information and documents in English and shall extend all possible help for the purpose of such examination. 9. Law and Place of Jurisdiction This Pact is subject to Indian Law. The place of performance and jurisdiction is the seat of the BPC. 10. Other Legal Actions The actions stipulated in this Integrity Pact are without prejudice to any other legal action that may follow in accordance with the provisions of the any extent law in force relating to any civil or criminal proceedings. 11. Validity 11.1 The validity of this Integrity Pact shall be from date of its signing and up to 6 months from the date of transfer of project specific SPV i.e., signing of Share Purchase Agreement with BPC. In case Bidder is unsuccessful, this Integrity Pact shall expire after 15 days from the date PFC CONSULTING LIMITED 125RFP for Selection of Bidder as Transmission Service Provider of transfer of project specific SPV to successful bidder. 11.2 Should one or several provisions of this Pact turn out to be invalid, the remainder of this Pact shall remain valid. In this case, the parties will strive to come to an agreement to their original intentions. 12. The Parties hereby sign this Integrity Pact at ___________on _________________ Bid Process Coordinator (BPC) BIDDER Name of the Officer Designation Name of Whole time Director/Authorized Name of the BPC with address Signatory Name of the Bidder with address Witness: Witness: 1. 1. 2. 2. PFC CONSULTING LIMITED 126RFP for Selection of Bidder as Transmission Service Provider ANNEXURE-C LOCATION DETAILS OF EXISTING / PLANNED SUBSTATIONS a) Fatehgarh-II PS : 26°42'18.4" N, 71°16'34.4" E Note: It is to clarify that coordinates/location of S/s indicated is approximate nearby control room building. Exact coordinates for the corresponding bays/gantry for termination of the respective line shall be finalized by the bidder in coordination with site. PFC CONSULTING LIMITED 127RFP for Selection of Bidder as Transmission Service Provider ANNEXURE - D SPECIFIC TECHNICAL REQUIREMENTS FOR SUBSTATION Extension of 765/400/220 kV Fatehgarh-II PS shall be Air Insulated Switchgear (AIS) type generally conforming to the requirements of CEA (Technical Standards for Construction of Electrical Plants and Electric Lines) Regulations 2022, as amended from time to time. Other CEA Regulations/guidelines as amended up to date and MoP guidelines, as applicable, shall also be followed. A.1.0 Salient features of Substation Equipment and Facilities The design and specification of substation equipment are to be governed by the following factors: A.1.1 Insulation Coordination The system design parameters for substations/switchyards shall be as given below: S. Description of parameters Extn. of 765/400/220 kV No. Fatehgarh-II PS 400 kV System 1. System Operating Voltage 400 kV 2. Maximum voltage of the system (rms) 420 kV 3. Rated Frequency 50 Hz 4. No. of Phases 3 5. Corona Extinction Voltage 320 kV 6. Max. radio interference voltage for frequency 1000 micro-volts at between 0.5 MHz and 2 MHz 266 kV rms 7. Minimum creepage distance for insulator string/ 13020 mm (31 mm/kV) longrod insulators/ outdoor bushings 8. Minimum creepage distance for switchyard 10500 mm (25 mm/kV) equipment 9. Max. fault current 63 kA 10. Duration of fault 1 Sec A.1.2 Switching Scheme The switching schemes, as mentioned below, shall be adopted at various voltage levels of substation/switchyard: Substation 400 kV side Extn. of 765/400/220kV Fatehgarh-II PS One and half breaker Notes: - (i) For one and half breaker switching scheme, any double circuit line consisting of two numbers of feeders and originating from the same transmission or generating switchyard shall not be terminated in one diameter. (ii) A diameter in one and half breaker scheme is a set of 3 circuit breakers with associated isolators, earth switches, current transformers etc. for controlling 2 (two) numbers of feeders. PFC CONSULTING LIMITED 128RFP for Selection of Bidder as Transmission Service Provider (iii) In one and half breaker scheme, both main bay and tie bay shall be completed for controlling a feeder. Further, all associated interconnection work shall also be in the present scope of TSP. (iv) Augmentation of Fatehgarh-II PS : For installation of 2 Nos. Synchronous Condenser, one unit shall be installed in existing diameter and second unit shall be installed in new diameter at Fatehgarh-II PS. Accordingly, one number of main bay (bay No. 409) and one number half diameter consisting of Main and associated Tie Bay (412- Main Bay & 411- Tie Bay) shall be constructed under present scope at Fatehgarh-II PS. Bidder may refer the existing single line diagram (SLD) of Fatehgarh-II PS attached with the RfP. Additionally, the designated space (approx. 90 m 140 m) available for installation of 2 (two) * Nos. synchronous condensers is highlighted in red in the GA layout of Fatehgarh-II PS attached with the RfP. Further, all associated interconnection work shall also be in the present scope of TSP. A.2.0 Substation Equipment and facilities (Voltage level as applicable): The switchgear shall be designed and specified to withstand operating conditions and duty requirements. All equipment shall be designed considering the following capacity. S. No. Description of bay Extn. of 765/400/220 kV Fatehgarh-II PS 400 kV 1. Bus Bar As per existing 2. Synchronous Condenser Bay 3150 A A.2.1 400 kV AIS Substation equipment (as applicable) A.2.1.1 Circuit Breakers (AIS) The circuit breakers and accessories shall conform to IEC: 62271-100, IEC: 62271-1 and shall be of SF6 Type. The circuit breakers shall be of class C2-M2 (as per IEC) with regard to restrike probability during capacitive current breaking and mechanical endurance. The rated break time shall not exceed 40 ms for 400 kV circuit breakers. 400 kV Circuit breakers shall be provided with single phase and three phase auto reclosing. Each breaker would have two sets of trip circuits which would be connected to separate DC supplies for greater reliability. The short line fault capacity shall be same as the rated capacity, and this is proposed to be achieved without use of opening resistors. The controlled switching device shall be provided in Circuit breakers of switchable line reactor bay and in Main and Tie bay circuit breakers of line with non-switchable line reactors, Bus Reactors and Transformers of voltage class 400 kV and above. A.2.1.2 Isolators (AIS) The Isolators shall comply with IEC 62271-102 in general. 400 kV Isolators shall be double break type. All Isolators and earth switches shall be motor operated. Earth switches shall be provided at various locations to facilitate maintenance. Isolator rated for 400 kV shall be of extended mechanical endurance class - M2 as per IEC-62271-102. Main blades and earth blades shall be interlocked, and interlock shall be fail safe type. 400 kV earth switch for line isolator shall be suitable for induced current switching duty as defined for Class-B. PFC CONSULTING LIMITED 129RFP for Selection of Bidder as Transmission Service Provider A.2.1.3 Current Transformers (AIS) Current Transformers shall comply with IEC 61869 in general. All ratios shall be obtained by secondary taps only. Generally, Current Transformers (CT) for 400 kV shall have six cores (four for protection and two for metering). The burden and knee point voltage shall be in accordance with the requirements of the system including possible feeds for telemetry. The Accuracy class for the protection core shall be PX and for the metering core it shall be 0.2S. The rated burden of cores shall be closer to the maximum burden requirement of metering and protection system (not more than 20 VA for metering core) for better sensitivity and accuracy. The instrument security factor shall be less than five (5) for CTs upto 400 kV voltage class. A.2.1.4 Capacitive Voltage Transformers (AIS) Capacitive Voltage transformers shall comply with IEC 61869 in general. These shall have three secondaries out of which two shall be used for protection and one for metering. Accuracy class for protection cores shall be 3P and for metering core shall be 0.2. The Capacitive voltage transformers on lines shall be suitable for Carrier Coupling. The Capacitance of CVT for 400 kV shall be of 4400/8800 pF depending on PLCC requirements. The rated burden of cores shall be closer to the maximum burden requirement of metering and protection system (not more than 50 VA for metering core) for better sensitivity and accuracy. A.2.1.5 Surge Arresters (AIS) 336 kV Station High (SH) duty gapless type Surge Arresters with thermal energy (Wth) of minimum 12 kJ/kV conforming to IEC 60099-4 in general shall be provided for 420 kV systems. Other characteristics of Surge arrester shall be chosen in accordance with system requirements. Surge Arresters shall be provided at line entrances, near transformers and reactor so as to achieve proper insulation coordination. Surge Arresters shall be provided with porcelain/ polymer housing fitted with pressure relief devices. A leakage current monitor with surge counter shall be provided with each surge arrester. A.2.2 Protection Relaying and Control System All main protective relays shall be numerical type with IEC 61850 communication interface and should have interoperability during integration of numerical relays to communicate over IEC61850 protocol with RTU/SAS/IEDs of different OEMs. All numerical relays shall have built in disturbance recording feature. The protection circuits and relays shall be electrically and physically segregated into two groups each being independent and capable of providing uninterrupted protection even in the event of one of the protection groups failing, to obtain redundancy, and to take protection systems out for maintenance while the equipment remains in service. a) Bus bar Protection The high-speed low impedance type bus bar differential protection, which is essential to minimize the damage and maintain system stability at the time of bus bar faults, shall be provided for 400 kV. Duplicated bus bar protection is envisaged for 400 kV bus-bar protection. Bus bar protection scheme shall be such that it operates selectively for each bus and incorporate PFC CONSULTING LIMITED 130RFP for Selection of Bidder as Transmission Service Provider necessary features required for ensuring security. The scheme shall have complete bus bar protection for present as well as envisaged future bays i.e. input / output modules for future bays for the bus section under present scope shall also be provided. Bus Bar protection system for new substation shall be de-centralized (distributed) type. In case, the bus section is provided, then each side of bus section shall have separate set of bus bar protection schemes. Peripheral Units (PUs) shall be provided by the respective bay owners. For existing substations, the existing bus bar protection shall be augmented as per requirement. b) Local Breaker Back up Protection This shall be provided for each 400 kV circuit breakers and will be connected to de-energize the affected stuck breaker from both sides. Notes: 1. LBB and REF relays shall be provided separately from transformer differential relay. 2. LBB relay may also be provided as built-in protection function of distributed bus bar protection scheme; however, in such case separate LBB relay shall be provided for tie bays (in case of One and Half breaker scheme). 3. Over fluxing and overload protection can be provided as built-in feature of differential relay. 4. In 400 kV switchyard, if spare bay of half diameter is identified as future, Tie CB relay panel shall be with Auto-reclosure feature. A.2.3 Substation Automation System a) For all the new substations, state of art Substation Automation System (SAS) conforming to IEC- 61850 shall be provided. The distributed architecture shall be used for Substation Automation System, where the controls shall be provided through Bay Control Units. The Bay Control Unit is to be provided bay wise for voltage level 220 kV and above. All Bay Control Units as well as protection units are normally connected through an Optical fiber high speed network. The control and monitoring of circuit breaker, dis-connector, re-setting of relays etc. can be done from Human Machine Interface (HMI) from the Control Room. The functions of control, annunciation, disturbance recording, event logging and measurement of electrical parameters shall be integrated in the Substation Automation System. In the existing substations with a Substation Automation System (SAS), SynCon Station control and monitoring shall be integrated with SAS at the main Sub-station by the TSP. SynCon Station’s SCADA shall be connected with SAS through a Gateway and the database, configuration etc of the main substation. SAS shall be upgraded to incorporate SynCon Station events, alarms, Controls (both switchgear and control functions of SynCon Station like the setting of parameters etc.) so that SynCon Station can be effectively monitored and controlled from main substation SAS and shall be monitored from Load Dispatch Center (RLDC). A.3.0 Substation Support Facilities PFC CONSULTING LIMITED 131RFP for Selection of Bidder as Transmission Service Provider Certain facilities required for the operation and maintenance of substations as described below shall be provided at the new substation. In existing substation, these facilities have already been provided and will be extended/ augmented as per requirement. A.3.1 Fire Fighting System At existing substations, the fire-fighting systems as available shall be extended to meet the additional requirements. A.3.2 Illumination Normal and emergency AC and DC illumination shall be provided adequately in the control room and other buildings of the substation. The switchyard shall also be provided with adequate illumination. The lighting of the entire control room building, fire-fighting pump house, other building (if any) and switchyard shall be done by LED based low power consumption luminaries. A.3.3 Control Concept All the EHV circuit breakers in substation/switching stations shall be controlled and synchronized from the switchyard control room/remote control center. All the isolators shall have control from remote/local whereas the earth switches shall have local control only. A.4.0 General Facilities a) Line Gantry/Towers are envisaged for bays under the present scope only. b) Bay extension works at existing substation shall be executed by TSP in accordance with the requirements/provisions mentioned above. However, interface points shall be considered keeping in view the existing design/arrangement at the substation. c) TSP has to arrange for construction power and water on its own. d) All outdoor steel structures including anchor/foundation bolts shall be fully galvanized. The weight of the zinc coating shall be at least 610 gm/m2 and 900 gm/m2 for coastal/ creek regions (if applicable). e) In 400 kV switchyard, if spare bay of half diameter is identified as future, all the equipment for Tie and Future Bay shall be designed considering the current rating of line bay i.e. 3150 A. f) All electrical equipment shall be installed above the Highest Flood Level (HFL) and where such equipment is not possible to be installed above Highest Flood Level, it shall be ensured that there is no seepage or leakage or logging of water. A.5.0 EXTENSION OF EXISTING SUBSTATION The following drawings/details of existing substation is attached with the RFP documents for further engineering by the bidder. PFC CONSULTING LIMITED 132RFP for Selection of Bidder as Transmission Service Provider S. No. Drawing Title Drawing No./Details Rev. No. A. Fatehgarh-II PS 1.0 Single Line Diagram PGCIL-FTH-II-SLD-00 -- 2.0 General Arrangement PGCIL-FTH-II-ELE-LAY-00 -- 3.0 Visual Monitoring System Make : SPARSH Model: SS-ES313P-20-33X 4.0 Bus Bar Protection Siemens 5.0 Substation Automation System Siemens (SAS) Bidders shall follow the RfP for scope of work. Actual site conditions may be different due to other schemes being executed or subsequent revisions by the developer. Thus, bidders are advised to visit the substation sites and acquaint themselves for details such as: (i) Actual site conditions, Layout, Topography (ii) Infrastructure such as roads, cable trench, drainage (iii) Soil investigation (iv) Fire hydrant layout (v) SAS architecture and IO list (vi) Boundary (vii) Design philosophy etc. PFC CONSULTING LIMITED 133RFP for Selection of Bidder as Transmission Service Provider ANNEXURE - E SPECIFIC TECHNICAL REQUIREMENTS FOR SYNCHRONOUS CONDENSER 1. INTRODUCTION This technical specification for Synchronous Condenser Stations consists of Synchronous Condenser (SynCon) units alternatively referred to as Synchronous Compensator where a SynCon unit consists of one synchronous condenser along with associated step-up transformer (s), cooling systems, flywheels (if applicable), auxiliary system and all associated switchgears. Synchronous Condenser shall provide Inertia, Short Circuit support, continuous and dynamic supply of reactive power (capacitive and inductive) support for the regulation and stabilization of the voltage of 400 kV at Point of Common Coupling (PCC) under normal and transient conditions. The station shall operate in the leading and lagging MVAr region, as required to meet the specified inertia, short circuit requirements and reactive power capability curve and dynamic performance criteria. The SynCon primarily shall be designed for continuous operation under varying grid conditions. The SynCon shall be equipped with a digital AVR (Automatic Voltage Regulator), Under/Over Excitation Limiters (UEL/OEL), V/Hz protection, and high inertia flywheels (if applicable) to enhance transient stability and damping. The SynCon Station may consist of multiple identical synchronous condenser units, each operating in parallel and connected to the 400 kV HV bus (PCC), as per the design and space available. The design shall ensure compliance with grid code requirements, and the provision of inertia and fault current to support reliable and stable system operation. 1.1 Definitions For the purpose of this specification, the following definitions / abbreviations are used: PCC (Point of Common Coupling): Point of Common Coupling (herein also called as Point of Interconnection (POI) is the connection point between the Synchronous Condenser (SynCon) Station/plant (HV Side of step-up transformer) and ISTS at which performance requirements are defined. Reference Voltage (Vref): The voltage set-point at the PCC where SynCon is expected to regulate voltage by injecting or absorbing reactive power while maintaining system stability. MV (Medium Voltage): The voltage level at the low-voltage side of the step-up transformer, where SynCon and associated equipment are connected. SynCon (Synchronous Condenser): SynCon is a DC-excited Synchronous machine that runs at no load and is used to control reactive power, which improves voltage stability and power factor in electrical grids In the entire document the notion synchronous condenser refers to the synchronous machine installed in the Synchronous Condenser unit. The synchronous condenser shall be connected to the step-up transformer via the generator circuit breaker by an Isolated Phase Bus duct. Following convention is used in this specification to define the reactive power output of the Synchronous condenser unit: a) The notion capacitive reactive power (indicated as “+ MVAr”) is used when the Synchronous condenser unit is injecting reactive power to the grid, i.e. when the synchronous condenser is operating in the overexcited capability range. PFC CONSULTING LIMITED 134RFP for Selection of Bidder as Transmission Service Provider b) The notion inductive reactive power (indicated as “- MVAr”) is used when the Synchronous condenser unit is absorbing reactive power from the grid, i.e. when the synchronous condenser is operating in the under excited capability range. SynCon Unit (Synchronous Condenser Unit): In the entire document Synchronous condenser unit refers to the full scope of equipment working as one system at PCC. It includes but is not limited to: (i) Synchronous Condenser and its auxiliaries. (ii) Excitation System (Static/Brushless) (iii) Flywheel and its auxiliaries, if option chosen (iv) Step-up Transformers (v) Generator Circuit Breaker (GCB) (vi) Unit Transformer (Auxiliary Transformers) (vii) Isolated Phase Bus Duct (IPBD) connecting Generator and Step-up Transformer (viii) Lube Oil System (ix) Auxiliary Power Supply (medium voltage/ low voltage) (x) Equipment for control and protection of the equipment supplied under the specifications. (xi) Reactive Power Oscillation Damper (RPOD) (xii) Cooling System (xiii) Other auxiliary systems required for power operation of the Synchronous Condenser. (xiv) SynCon starting system (SFC/Pony motor) AVR (Automatic Voltage Regulator): A digital control system associated with each SynCon Unit responsible for regulating the field excitation to maintain the terminal voltage or reactive power output, always fully redundant, this is channel A and B in terms of control and power circuits, with hot standby and automatic switch functionalities. AVR shall include functionalities like: (a) UEL (Under Excitation Limiter): A protective function or control logic that prevents the SynCon from operating in unstable or under-excited regions of the capability curve, avoiding excessive reactive power absorption. (b) OEL / OVEL (Over Excitation Limiter): A protection system that limits the field current to prevent thermal damage to the field winding during overexcited operation (i.e., high reactive power generation). Flywheel: A rotating mechanical mass connected to the SynCon shaft to increase its inertia and provide additional damping and system strength benefits. Step-up Transformer: A Transformer connecting the SynCon (MV side) to the ISTS (400 kV side i.e. PCC), designed to match voltage levels and system impedance characteristics. Capability Curve: The operational envelope of the SynCon showing the permissible limits of reactive power generation or absorption with respect to voltage at PCC and stator current. Lagging Operation: Operation in which the SynCon absorbs capacitive reactive power (under- excited operation). Leading Operation: Operation in which the SynCon generates capacitive reactive power (over- excited operation). Response Time: The duration from a step change in control signal until the voltage changes by 90% of its final change, before any overshoot. PFC CONSULTING LIMITED 135RFP for Selection of Bidder as Transmission Service Provider Settling Time: The duration from a step change in control signal input until the SynCon output settles to within +5% of required control output. Overshoot: The maximum system output minus the final settled value, divided by the actual change in system output (i.e., from its initial value to the final settled value), when the final settled value is within the defined settling band, expressed as a percentage. Excitation response ratio: It is called the excitation system nominal response and defined as the rate of increase of the excitation system output voltage determined from the excitation system voltage response curve, divided by the rated field voltage. This rate, if maintained constant (curve ac), would develop the same voltage-time area as obtained from the response (curve ab) over the first half-second interval (unless a different time interval is specified). The RR is a measure of the speed of response for the excitation system, the higher the RR, the faster the response Response ratio Reactive power oscillation damper (RPOD): A reactive power oscillation damper (RPOD) implemented through control strategy designed to damp low-frequency electromechanical oscillations (typically 0.2–2 Hz) in power systems by modulating the SynCon reactive power output (Q) in response to system oscillations. When equipped with an excitation control system and a power oscillation damping (POD) controller, it can also actively damp oscillations in the grid by modulating its reactive power. 1.2 APPLICABLE STANDARDS Unless otherwise specified herein, the plant shall be in accordance with the latest edition and amendments of Indian Electricity Grid Code (IEGC), CEA Technical Standards, appropriate International Electrotechnical Commission (IEC) and Institute of Electrical and Electronics Engineers (IEEE) standards operative at the Reference Date. In particular, the plant shall comply with the following Standards (as applicable): CEA (Technical Standards for Connectivity to the Grid) and as amended time to time IEC 60034 - Rotating Electrical Machines IEC 60255-27 - Measuring relays and protection equipment (Product safety requirements) IEEE C50.13 - Cylindrical-rotor 50 Hz and 60 Hz Synchronous Generators 10 MVA and Above IEEE 115-Guides for Test Procedures for Synchronous Machines IEEE 43 - Recommended Practice for Testing Insulation Resistance of Electrical Machinery PFC CONSULTING LIMITED 136RFP for Selection of Bidder as Transmission Service Provider IEEE C37.013 - IEEE Standard for AC High-Voltage Generator Circuit Breakers Rated on a Symmetrical Current Basis IEEE 421.5-2016 (IEEE Recommended Practice for Excitation System Models for Power System Stability Studies) IEEE Std 1110-2019 - IEEE Guide for Synchronous Generator Modeling Practices and Parameter Verification IEEE PES TR (2020) - Dynamic Performance and Application of Synchronous Condensers for Renewable Integration. (A technical report (not standard), but it explicitly describes the use of reactive power modulation for oscillation damping, with control block examples). 2. SCOPE OF WORK The scope of works comprises the design, supply, factory testing, delivery, installation, commissioning and testing of the synchronous condenser unit (s), each of which comprises the key elements, but not limited to, the following: (a) One XX MVA synchronous condenser (or as close as possible to this size) including rotor, stator, shaft, bearings, and base frame in case of cylindrical rotor or stator frame sole plates in case of salient pole solution, Excitation System & Voltage Regulating Equipment including Automatic Voltage Regulator (AVR), Power System Stabilizer (QSS) and Field Circuit Breakers for steady-state and dynamic voltage support (b) Instrumentation, Monitoring and Control Systems including local and remote monitoring, diagnostic tools, and condition monitoring systems (c) Slip Rings and Carbon Dust Extraction System (if static excitation system) (d) One bank of three single phase transformer or three phase transformer XX MVA, xx / 400 kV step up transformer (size and secondary voltage to be finalised by the supplier, in accordance with the size of the offered synchronous condenser units) along with one spare (spare can be common for all the SynCon units), with secondary winding(s), complete with bushing CTs. Spare shall be of same rating as that of the main 1-ph or 3-ph transformer. The synchronous condensers step-up transformers are to have continuous ratings that support sustained operation at all operating points on the reactive power capability curve (e) 400 kV side bay equipment (f) Bus duct (isolated) between the power transformer and the synchronous condenser (g) Medium voltage generator circuit breaker complete with disconnectors, surge arresters, earth switches and instrument transformers (voltage to be confirmed by the supplier, in accordance with the size of the synchronous condenser units) (h) Protection Systems including differential, overcurrent, under/overvoltage, out-of- step, loss-of-excitation, and backup protections. (i) Static frequency converter (SFC) as per requirement (j) Pony motor (s) for start–up (if required) and associated variable frequency drives (k) Fly wheel (s) for increased inertia (as per requirement) (l) One station transformer for auxiliary supplies in case one independent source of Auxiliary Power is a Station Transformer (this will be in common to all SynCon units) (m) Unit Transformer (Auxiliary Transformers) (n) LV auxiliary supply complete with back up supply (o) LV surge arresters (p) Control, SCADA and protection systems housed in a dedicated room inside the PFC CONSULTING LIMITED 137RFP for Selection of Bidder as Transmission Service Provider synchronous condenser building (q) Fire walls and enclosures – as required by the fire and oil/water containment, or noise mitigations (r) Any other equipment for completion of the complete installation of the synchronous condenser (s) SynCon Building (PEB - Pre-Engineered Building) – (Common machine hall for SynCons of all the SynCon Station is acceptable to reduce the requirement of the number of EOT Crane.) Each equipment shall be type tested. Further, in respect of type test, CEA’s ‘Guidelines for the Type Tests for Major Equipment of Power Sector’ shall be followed. 2.1 System Studies and Compliance The TSP shall be responsible for conducting system studies including steady-state, transient stability, dynamic simulations, and electromagnetic transient studies to evaluate the impact of Synchronous Condenser operation on the grid. The Grid data required for the studies shall be provided by CTU. All study files and reports shall be documented and submitted to CEA/CTU/GRID-INDIA as per regulatory requirements. SynCon unit shall be designed to operate at rated MVAr capacity upto an ambient temperature of 40o C. Beyond ambient temperature of 40o C, TSP shall provide the derating curve, however, derating rate shall not be more than 1% of rated MVAr per degree Centigrade. There shall not be any impact on rated Short circuit current and Inertia due to increase in ambient temperature beyond 40o C. OEM/TSP shall submit temperature to MVAr derating curves (continuous & time limited). The SynCon shall be designed to support grid operation within a voltage range of ±10% and a frequency range of 47.5 Hz to 52 Hz at the PCC. 2.1.1 System Studies The TSP/supplier of Synchronous Condensers unit shall carry-out system studies in order to verify and demonstrate that the synchronous condensers units shall meet the specified performance requirements. Load flow studies shall be performed in the initial stage to determine the optimal synchronous condensers units operating point for different system conditions. The TSP/supplier of Synchronous Condensers unit shall perform studies to determine and confirm the design ratings and requirements of all plant and material to be supplied under this RfP. The TSP/Supplier Synchronous Condensers may also refer IEEE Std 1110-2019 - IEEE Guide for Synchronous Generator Modelling Practices and Parameter Verification System studies shall be performed as per the requirement. Studies are required to demonstrate that the synchronous condensers units shall meet all specified performance criteria. When performing the designs, the following shall be considered: 1. All modes of operation specified in these specifications; and 2. The worst-case system conditions up to and including first contingency outage in the network. PFC CONSULTING LIMITED 138RFP for Selection of Bidder as Transmission Service Provider The load flow and dynamic file shall be provided to the TSP in PSS/E 36 or newer version format. PSS/E files are provided based on the data available at the time of issuance of RfP. TSP is required to validate the data before carrying out simulation. However, clarification, if any, may be sought before the bid submission. CEA/CTU shall endeavour to give clarification to the extent possible. In case of any discrepancy observed/non-availability of data for any of the machines and other control devices, typical values may be used in the studies with the intimation to CEA/CTU. The final tuning of generic parameters for various applicable scenarios shall be under the scope of TSP of the subject cited project. TSP after SPV transfer shall do the final tuning in consultation with CEA, CTU and Grid-India and share the converged dynamic files with CEA, CTUIL & Grid-India. RMS & EMT Models shall be submitted in the format stipulated by CTUIL/ Grid-India. 2.1.2 Steady state operation study The TSP/Supplier of Synchronous Condensers unit shall carry out such electrical studies and basic design studies as are required to design the synchronous condensers units. They shall perform design and verification studies to ensure adequate design and operation of the system. This study comprises the verification of the design of the synchronous condenser units with respect to the steady-state performance. The steady-state operating points of the synchronous condenser units shall be simulated at the specified voltage range. The main purpose of the steady state studies shall be: 1) Confirm short circuit capability including transformer 2) Confirm design of transformer OLTC and control settings 3) Demonstrate reactive capability including transformer under range of operating conditions The operating points shall be represented as voltage/MVAR diagram. The load flow study points shall be also graphically included to determine the reactive power capability chart for the synchronous condenser units as built at the high voltage side of the step-up transformers. Additionally, steady-state voltages, currents and power through main components shall be demonstrated. The worst-case stresses of the individual components which occur on the operating points are input parameters for the component specification. In addition to above following study shall also be carried out. 1) Open circuit and short-circuit characteristics tests 2) Negative sequence impedance tests. Following test as indicated in “IEEE 115-Guides for Test Procedures for Synchronous Machines” shall also be carried out. Test Test Name Purpose / Determination Key Reference No. (IEEE 115- 2019) 1 Visual & Mechanical Inspection Verify nameplate data, connections, physical Clause 6.1 condition, alignment, cooling system, bearing, and mechanical integrity. 2 Insulation Resistance & Measure stator and field insulation condition Clause 6.2 Polarization Index using a megger test (1 min and 10 min readings). PFC CONSULTING LIMITED 139RFP for Selection of Bidder as Transmission Service Provider Test Test Name Purpose / Determination Key Reference No. (IEEE 115- 2019) 3 Measurement of DC Resistance Determine stator winding resistance (per Clause 6.3 phase) and field winding resistance for copper loss calculation. 4 No-Load Saturation Curve (Open- Plot generated voltage vs. field current at rated Clause 7.1 Circuit Characteristic, OCC) speed — defines excitation requirements and saturation. 5 Short-Circuit Characteristic (SCC) Plot armature current vs. field current at rated Clause 7.2 speed with terminals shorted — used with OCC to compute synchronous reactance. 6 Synchronous Impedance and From OCC and SCC — obtain per-phase Clause 7.3 Reactance Determination synchronous reactance Xs = Eoc/Isc. 7 Zero Power Factor (ZPF) or Potier For large machines — determine leakage Clause 7.4 Test reactance and field current for rated voltage at full-load condition. 8 Load (Performance) Test Operate under various loads and power factors Clause 8.1 to measure efficiency, voltage regulation, and temperature rise. 9 Efficiency Test (Direct or Indirect) Compute efficiency using segregation of losses Clause 8.2 or input–output method. 10 Temperature Rise Test Verify compliance with permissible Clause 8.3 temperature rise limits under rated load conditions (stator, rotor, bearings). 11 Excitation System Performance Measure field current, voltage, and reactive Clause 9.1 Test (Steady-State) power under rated voltage conditions. 12 Field Discharge and De-excitation Confirm safe decay of field energy upon trip or Clause 9.2 Check fault. 13 Magnetic Balance / Unbalanced Verify current and voltage symmetry among Clause 10.1 Loading Test phases. 14 Loss Segregation Tests Separate core loss, friction & windage, and Clause 8.2.3 stray-load losses for efficiency evaluation. 15 Voltage Regulation Test From OCC and SCC, determine regulation under Clause 7.3.2 (Calculated) various power factors using synchronous impedance or Potier method. 16 Armature Reaction Test Assess effect of armature current on main field Clause 7.5 under lagging/leading conditions. 17 Open-Circuit and Short-Circuit Compute short-circuit ratio (SCR = field current Clause 7.6 Ratio Tests (SCR) for rated voltage / field current for rated short- circuit current). 18 V-Curve (for Synchronous Plot stator current vs. field current at constant Clause 8.4 Condenser) terminal voltage; determines stability margin and reactive power range. 19 Reactive Capability Curve Test Determine leading and lagging VAR capability Clause 8.5 (for Condenser/Generator Mode) vs. field current and stator current limits. PFC CONSULTING LIMITED 140RFP for Selection of Bidder as Transmission Service Provider 2.1.3 Transient and stability study Transient and stability studies shall be used to demonstrate the synchronous condenser unit control system performance, and, if applicable, to optimize the controller parameters of synchronous condenser unit during system disturbances, such as major faults or voltage changes at the PCC. Such studies shall be performed using the PSS/E and PSCAD software applying dynamic simulations, using a full PSS/E and PSCAD case. List of contingencies performed is attached in Annexure-F. The transient and stability studies shall be analysed in the following cases. These studies should demonstrate compliance with the relevant Performance requirements as per network configuration: 1. Analysis of the synchronous condensers unit’s system response to step changes in the point of common coupling voltage or in the reference voltage, which can be performed in a single machine infinite bus case as relevant for the scenario. 2. Analysis of the synchronous condenser unit system response for faults for a range of system short-circuit power levels, to demonstrate compliance. 3. The following fault scenarios shall be analysed: a) A range of three-phase faults as specified (e.g. different duration, fault locations, retained voltage, network configuration). b) A range of unbalanced faults as specified (e.g. different duration, fault locations, retained voltage, network configuration). c) Control for the synchronous condenser units according to the requirement, i.e. Q- Control or U-Control 4. Analysis of the synchronous condenser unit system response for frequency disturbances. 5. V/Hz study and demonstration of stable operation of the V/Hz limiter The design shall ensure the adequacy of the synchronous condensers units in order to ensure stability during system transient, dynamic and fault conditions. This is inclusive of synchronous condenser units’ response time (rise time and settling time) and of the synchronous condensers units’ behaviour and contribution to the system’s recovery from faults and network disturbances. 2.1.4 Small signal stability studies 1. Voltage Step/impulse response— +/- 5% step tests for Voltage control set points and then quantify rise time, overshoot, settling time for relevant control loops, and obtain frequency response (gain/phase margins) for critical control loops. 2. Off-line frequency sweep (transfer function) tests for AVR and PSS: Frequency response of the excitation system to be assessed over a frequency bandwidth of at least 0.01 – 10.0 Hz by injecting sinusoidal signals with the specific bandwidth into the control blocks. The gain and phase variations with frequency of each measured transfer function are then compared with those obtained from the model 3. Controller interaction studies — evaluate interaction between synchronous condenser control loops (AVR, PSS/filter, reactive control, power/frequency control) and other nearby plant controllers (conventional generators, HVDC/FACTS, large converter plants). Include PFC CONSULTING LIMITED 141RFP for Selection of Bidder as Transmission Service Provider frequency-domain (Bode/Nyquist) and time-domain cross-validated tests as required. 4. Oscillation Rejection Test: This is a control and response sensitivity test. It is expected that SynCon model maintains a stable operation for all voltage modulated frequencies and for measured responses to be consistent with the changes. Grid voltage shall be modulated at following modulation frequencies through model playback or similar feature in SMIB model: (a) 0.1 Hz (b) 0.3 Hz (c) 0.6 Hz (d) 0.9 Hz (e) 1 Hz (f) 2 Hz (g) 3 Hz (h) 4 Hz (i) 8 Hz (j) 10 Hz (k) Or any other frequency based on requirement 2.1.5 Software simulation models The TSP shall provide the latest PSCAD (V 5.0 or above) and PSSE simulation model(s) (V36.0 or above) and parameters to CEA/CTU/GRID-INDIA along with detailed documentation for the purpose of future simulation to adequately represent and model the proposed SynCon system in the respective software: For the simulation of SynCon unit in the PSS/E file (load flow and dynamic) and PSCAD (Transient), a model for SynCon unit is required for the study. TSP will share SynCon unit models with CEA, CTU and Grid-India along with detailed documentation for the above study purposes and simulations. For PSS/E, both Generic and User-defined models shall be shared by the TSP with the CEA, CTU and Grid-India. Generic model (PSS/E) response shall be benchmarked with user-defined model (PSS/E and PSCAD) to the extent possible by the TSP. Generic models can be shared by the CEA, CTU and Grid-India with the concerned stakeholders/external party(ies) e. g. STUs etc. on need basis. For User Defined model (UDM), confidentiality shall be maintained by the CEA, CTU and Grid-India. Both UDM (PSCAD and PSS/E) and Generic model (PSCAD and PSS/E) shall be provided by OEMs to CEA/CTU/GRID-INDIA without any NDA (Non-Disclosure Agreement). RMS & EMT Models shall be submitted in the format stipulated by CTUIL/GRID-INDIA. Model documentation shall include the following details of the model: a) The transfer function block diagram must include all functional controllers and physical plant that materially affect the performance of the model. b) Instructions on how the model should be set up and used. c) The models of the controllers and items of SynCon unit must be easily identifiable. d) Dynamic data must be provided as ‘per unit’ quantities on the machine megavolt amperes (MVA) base. e) Shortest time constant (name, use and identifiable in the control block diagram) PFC CONSULTING LIMITED 142RFP for Selection of Bidder as Transmission Service Provider confirmed for both PSS/E models and also PSCAD models. Model quality test of EMT & PDT model: f) The submitted EMT & RMS (UDM) model shall be the representative of SynCon unit l with actual controls. g) The EMT & RMS model should work appropriately within the PCC SCR range of 3 to 10 and X/R range of 3 to 14. h) The applicable protections shall be appropriately modelled in the UDM Models. i) EMT model should work appropriately on a range of simulation time step within 10-20us. j) PDT (RMS) model work appropriately with a simulation time step of 1ms to 10 ms. k) Submitted EMT model should have pre-compiled libraries and there should not be any need for loading dependent library/other files. l) EMT model should initialize and complete the flat run in 5 sec. PSCAD & PSS/E models must allow stable initialisation and steady state run up to 5 minute. m) Models must be initialised successfully for the entire intended plant operating range i.e reactive power set point from minimum to rated. n) PSCAD models must have snapshot capability. o) For User Define Model (UDM) EMT of SynCon unit, the complete model shall not be black-boxed and there shall be a full visibility/accessibility of passive components. TSP may black box the control/other parts wherein their Intellectual Property (IP) rights are involved. p) For UDM models, TSP shall submit the schematics/block diagrams and its descriptions. q) The RMS & EMT model used guide should contain the description of each parameter. r) The range of parameters shall be mentioned in the PSS/E and PSCAD model user guide. s) TSP shall specify the configurable and non-configurable parameters in the model user guide (PSS/E and PSCAD) for both Generic as well as UDM. t) Model structure to be contained within its own module block including its plots. u) PSCAD transformer model should include transformer specific saturation data where available (and not default model library provided settings) v) EMT Models shall be compatible with  Intel 15 Update 5 and newer (64-bit) and Visual Studio 2015 and newer  Model should works across a range of time steps and does not require a specific time step  These models must not be dependent on a specific Intel Visual FORTRAN version and should not have dependencies on additional external commercial software. TSP shall fulfil and submit the technical connection data including models/data sheets etc. as per Grid India First Time Energization process & CTUIL Connection details process. 2.2 Functional Requirements The Synchronous Condenser unit shall:  Provide dynamic and steady-state reactive power support (both capacitive and inductive).  Contribute to voltage stability, grid inertia, and short-circuit strength.  Assist in damping of power oscillations and mitigation of sub-synchronous oscillations, if any.  Assist in damping of reactive power oscillations and mitigation of oscillations, if any.  Be capable of continuous operation during worst-case voltage and frequency conditions. PFC CONSULTING LIMITED 143RFP for Selection of Bidder as Transmission Service Provider 2.2.1 Design Considerations  The Synchronous Condenser shall be designed with inertia specified to enhance system strength and frequency stability.  Dedicated & coordinated control systems shall be provided in case of multiple SynCon units to ensure selective operation and avoid simultaneous tripping under common disturbances. 3. REQUIREMENT, RATINGS AND DESIGN INFORMATION 3.1 SynCon building The SynCon station shall have independent building (PEB type) including a separate control room different from the main control room building of the main Substation. The building shall comprise of SynCons unit(s), EoT crane, control room, LT Switchgear room, Battery room, workshop space, Document/Library and general facilities etc. Adequate space shall be provided for smooth unloading and maintenance purposes of all the equipment in the SynCon building. The SynCon Building shall comprise of following facilities: 1. Control & Relay Panel room 2. Excitation Room 3. ACDB & DCDB room 4. Battery room 5. Service Room cum workshop space 6. Conference room 7. SynCon unit(s) 8. Lobby 9. Corridor with minimum width of 1600 mm 10. Portico 11. Toilet facilities 12. Provision of shaft for electrical, sanitary, water supply facilities 13. Other facilities as per functional requirement of building 14. AHU Room 4. Ambient Condition The following environmental data shall be considered (Table-1): Table 1 S. No. System Parameters Values 1 Max/min Ambient temperature (dry bulb 50 deg C max one-hour average) 0 (Zero) deg C min Max dry bulb 24 hr. average 40 deg C 2 Relative Humidity (%, max) 100 3 Average annual rainfall As per rainfall map of IMD 4 Iso-keraunic level As applicable 5 Wind Zone As per National Building Code 2016 6 Seismic Level As per Seismic zone of the site PFC CONSULTING LIMITED 144RFP for Selection of Bidder as Transmission Service Provider S. No. System Parameters Values 7 Altitude above sea level <1000 m 8 Pollution level (IEC 60815) Heavy 5. POWER SYSTEM REQUIREMENTS The following AC Power System characteristics apply at the point of connection i.e. point of common coupling in this case (PCC). SynCon Station operation is required within the parameter value and duration given in following table: Table 2 S. No. Power System Characteristic Value unit 1. Nominal ac system voltage, line-to-line 400 kV 2. Maximum continuous ac system voltage, line-to-line 440 kV 3. Minimum continuous ac system voltage, line-to-line 360 kV 4. Maximum short-term ac system voltage, line-to-line As per HVRT Table 5. Maximum duration of item 4 6. Minimum short-term ac system voltage, line-to-line As per LVRT Curve 7. Maximum duration of item 6 8. Nominal ac system frequency 50 Hz 9. Maximum continuous ac system frequency 52 Hz 10. Minimum continuous ac system frequency 47.5 Hz 11. Lightning Impulse Withstand Voltage (LIWV) 1550 kV peak 12. Switching Impulse Withstand Votlage (SIWV) 1175 kV peak 13. Power Frequency Withstand Voltage 630 kV 14. 1) Maximum three-phase fault current a) for performance requirements 1 a) 50 kA b) for rating of SynCon 1 b) 50 kA for 1s 2) X/R (Positive/Negative Seq)* 2) 29 3) X/R (Zero Seq)* 3) 14 4) Clearing time - normal 4) 0.10 s 5) Clearing time – backup 5) 0.75 s 15. 1) Maximum three-phase fault current (with IBR 51 kA contribution)* 2) Maximum three-phase fault current (without IBR 44 kA contribution)* 16. Minimum three-phase fault current (without IBR contribution)* -for performance requirements 35 kA -for safe operation 35 kA 17. 1) Maximum single-phase fault current (with IBR 30 kA contribution) * 2) Maximum single-phase fault current (without IBR 23 kA contribution) * 18. Minimum single-phase fault current(without IBR 18 kA contribution)* 19. Power System Phase Rotation CCW PFC CONSULTING LIMITED 145RFP for Selection of Bidder as Transmission Service Provider S. No. Power System Characteristic Value unit 20. Rated voltage at SynCon terminals (to be selected by xx kV the Contractor) 21. Capacitive capability on PCC at 1.0 p.u. voltage +300 MVAr 22. Inductive capability on PCC at 1.0 p.u. voltage -200 MVAr 23. Capacitive & Inductive capability on PCC at different See below capability diagram Voltages (p.u.) 24. HV Side rated Voltage (at PCC) 400 kV 25. Voltage variation at unit step-up transformer high- ±10 % voltage side (for normal operation) 26. Stored Energy - Inertia at Machine Terminal >3000 MWs 27. Short Circuit Contribution (SCC) on PCC at 1.0 p.u. >1200 MVA voltage (calculation of SCC as per section 6) 28. SynCon rated power factor Zero 29. Rated frequency 50 Hz 30. Maximum Overspeed shall not be more than % (of 20 % rated speed) 31. Sub transient ratio xq’’/xd’’ < 1.1 32. Start-up and synchronization time (Contractor may offer 30 Minutes lower times based on the SFC rating selected and overall Inertia of the SynCon & Flywheel) 33. Shut-down time to complete standstill 45 Minutes 34. Stator winding connection Wye 35. Neutral Grounding High resistance grounding through Neutral Grounding Transformer with secondary loading Resistor 36. Sound pressure level (SPL) when measured at ≤95 dB approximately 1 m distance from the Synchronous condenser surface during normal operation at rated ratings & ambient conditions. 37. THD of L-L voltages ≤ 3% 38. Temperature rise over 40°C cold air Stator winding (installed RTDs) 85 K Rotor winding (resistance method) 90 K 39. Unbalanced load Maximum value for continuous operation (I /I 10 % 2 n) Maximum short term unbalanced load (I /I )2.t 20 s 2 n *values calculated as per studies 6. Technical Requirements 6.1 General Requirements a) Under design maximum ambient temperature conditions, all the SynCon units in a SynCon Station, combinedly, shall have a nominal reactive power capability of not less than +300 MVAr at 0.9 p.u. voltage and -200 MVAr at 1.1 p.u. voltage, as measured PFC CONSULTING LIMITED 146RFP for Selection of Bidder as Transmission Service Provider at PCC, including all tolerances for components for the equipment installed inside the building such as the synchronous condensers, the pony motor, the fly wheel and the generator circuit breaker and for the equipment installed outdoor such as the step- up power transformers, the TEWAC cooling system, the station transformers, the isolated phase bus duct etc. The expected availability of the synchronous condenser unit shall be not less than 97%. b) Indicative schematic diagram of a SynCon unit and typical capability curve of a SynCon Station (+300 MVAr/ - 200 MVAr) are given below PCC Figure-1: Conceptual Indicative Schematic diagram of SynCon Unit PFC CONSULTING LIMITED 147RFP for Selection of Bidder as Transmission Service Provider Note: On x-axis, the base rating is taken as 300 MVAr Figure-2: Capability Curve of SynCon Station c) The Terminal Voltage of SynCon shall be in the range of 10 kV to 28 kV. d) Insulation of SynCon shall be thermal class F for Stator and Rotor Winding as per relevant International Electrotechnical Commission with temperature rise limited corresponding to thermal class B insulation. e) The construction of the generator shall be such that the rotor poles and stator coils can be handled out or in without removal of the rotor and without disturbing the upper bearing bracket in case of vertically installed SynCon. 6.2 Voltage and Frequency The synchronous condenser unit shall cope with voltage and frequency variation and stay in connection with the system for at least the minimum times as per Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007 and amendments. The following ranges of voltage and frequency are applicable: 1) Nominal voltage shall be 400 kV (1.0 p.u.) phase to phase 2) Minimum continuous voltage of 0.9 p.u. 3) Maximum continuous voltage of 1.1 p.u. 4) Max negative sequence voltage during normal operation of 1% measured at the HV side of the step-up transformer over a 10-minute averaging period 5) Nominal frequency of 50 Hz 6) Maximum continuous frequency of 52 Hz 7) Minimum continuous frequency of 47.5 Hz. PFC CONSULTING LIMITED 148RFP for Selection of Bidder as Transmission Service Provider The synchronous condenser unit shall be capable of withstanding frequency variation and maintain continuous uninterrupted operation for frequency ranges of 47.5 Hz to 52 Hz within a voltage range of ±10%. Further, the Synchronous Condensers Unit shall be capable of unrestricted and uninterrupted continuous operation for the following frequency ranges. Table: Frequency Variations Withstand Requirements for Unrestricted Operation Sl. No. Frequency Range (Hz) Duration 1. 49.5 to 50.5 Continuous 2. 49.0 to 49.5 10 Minutes 3. 50.5 to 51 10 Minutes 4. 47.5 to 49 5 Minutes 5. 51 to 52 5 Minutes The Synchronous Condenser Units shall be capable of continuous uninterrupted operation for Rate of Change of Frequency (ROCOF) up to 4Hz/second for 0.25 seconds and 3Hz/second for 1 second. Rate of change of frequency (ROCOF) is calculated as the average rate of change for multiple calculated system frequencies for a time period of greater than or equal to 0.1 second The measurement of the rate of change of frequency shall not react to the sudden changes in the waveform of voltage caused by disturbance in the system i.e. during fault occurrence or clearance. Provided that Frequency should be calculated over a window of time. Instantaneous calculated frequency should not be used for protection; this calculation should occur over a time window. Typical window/filtering lengths are three to five cycles (60–100 ms). The SynCon Station shall continue to absorb reactive power during HVRT Conditions in a controlled manner as per the following for symmetrical and asymmetrical cases: Table-3 Minimum time for remaining connected to the Grid Nominal Voltage (pu) and providing reactive power support (absorption) V > 1.50 Instantaneous trip 1.50 ≥ V > 1.30 100 milli seconds 1.30 ≥ V > 1.10 10 seconds V ≤ 1.10 Continuous # 1 pu = 400 kV (3 phase RMS voltage at POI) SynCon Station may be tripped if the respective temporary over voltages as mentioned above persist for more than its respective mentioned duration. The SynCon Station shall remain connected to the grid and shall be able to operate at rated reactive power capability at PCC when the applicable voltage at the interconnection point dips up to the level depicted by the thick lines in the following curve (for specified time): V : Actual Voltage; V : Nominal Voltage T n PFC CONSULTING LIMITED 149RFP for Selection of Bidder as Transmission Service Provider Figure-3: LVRT Curve The synchronous condenser Station shall remain connected to the grid for a series of up to 10 voltage disturbance below 0.9 p.u within any 5-minute period as per the LVRT capability. Provided that during such period synchronous condenser Station shall remain connected for at least 06 voltage disturbance below 0.5 p.u. Provided further that during the multiple LVRT conditions, the SynCon Station shall meet the performance requirements specified in LVRT conditions. TSP shall include the simulation tests to demonstrate the LVRT & HVRT compliance of SynCon and shall include the following simulations tests in the study reports on both Generic and UDM of PDT (RMS) and EMT models as per Annexure-F: Validation of AVR & PSS response: In order to validate the AVR and PSS response, TSP shall carry out the testing of such controller(s) either through Hardware In Loop (HIL) test or in a laboratory as applicable. Based on the AVR controller response (open loop and closed loop) and PSS response received from HIL, the TSP shall benchmark such results with simulation-based results. 6.3 Continuous Ratings 1) The Synchronous Condensers Units shall be capable of operating continuously without tripping at the Voltage level from 0.9 p.u. to 1.1 p.u. at PCC in the specified ambient conditions. There are additional requirements for operation for periods of time beyond the 0.9 and 1.1 p.u. Voltage as described in Table 3. The Synchronous Condenser Units shall confirm that they are capable of operating in accordance with these requirements. For the Voltage under 0.9 p.u. SynCon Units shall be capable to operate as per Figure-3. 2) The supplier of Synchronous Condensers shall select the nominal operating voltage for the low voltage side of the step-down transformers, to optimize the design of the Synchronous Condensers Unit(s) 3) The nominal continuous operating capability of SynCon Station shall be no less than 300 MVAr capacitive at 0.9 p.u. to no less than 200 MVAr inductive at 1.1 p.u. voltage as measured at PCC, including all tolerances for components upto designed temperature. PFC CONSULTING LIMITED 150RFP for Selection of Bidder as Transmission Service Provider Component tolerances shall be considered, when designing against the requirement for continuous rating and considering design ambient temperature conditions. Beyond design maximum ambient temperature, TSP shall provide the derating curve, however, derating rate shall not be more than 1% of rated MVAr per degree Centigrade. OEM/TSP shall submit temperature to MVAr derating curves (continuous & time limited). There shall not be any impact on rated short circuit current and Inertia due to increase in ambient temperature beyond design maximum ambient temperature. 4) The Synchronous Condensers Units shall be capable of continuous uninterrupted operation for system frequencies in the ranges of 47.5 Hz to 52 Hz. 5) The voltage reference for the voltage control at the point of connection should be continuously (or using steps of negligible size) controllable in the interval 0.9 p.u. to 1.1 p.u. 6) The Supplier of Synchronous Condensers shall confirm that the synchronous condensers will be rated and capable to operate for all the frequency ranges listed. 6.4 Voltage and reactive power control Voltage and reactive power control capabilities shall be as per requirement specified. The Synchronous Condenser unit shall be able to control the reactive power and voltage at the PCC by the excitation system and by use of unit step up transformer on-load tap changer (OLTC) regulation range as appropriate. 7. SHORT CIRCUIT CONTRIBUTION The Synchronous condenser unit for project /substation shall be able to supply a short circuit power (Short-circuit power must be calculated according to IEEE 551-2006, using saturated sub-transient reactance and transformer impedance). Calculation of short circuit contribution (SCC) shall be done according to following formula: 𝑺 𝑺𝑪 𝑺𝑪𝑪= (𝑿 "+ 𝑺𝑺𝑪 𝒖 ) 𝒅 𝒌 𝑺𝑻 𝑆 = rated S [MVA] of SynCon 𝑆𝐶 𝑆 = rated S [MVA] of transformer 𝑇 𝑋 "= subtransient direct−axis reactance (saturated) in p.u. 𝑑 𝑢 = 𝑢𝑛𝑖𝑡 𝑠𝑡𝑒𝑝−𝑢𝑝 𝑡𝑟𝑎𝑛𝑠𝑓𝑜𝑟𝑚𝑒𝑟 impedance in p.u. 𝑘 8. SYNCHRONOUS CONDENSER DESIGN AND CONSTRUCTION FEATURES The Synchronous condenser unit installed shall be based on either salient pole (or) non-salient pole with air-cooling or water cooling. Hydrogen-cooled SynCon will not be accepted. 8.1 General Design Requirements The synchronous condenser shall be totally enclosed water-air cooled (TEWAC) with air-water heat exchangers connected to a closed water-cooling system shall also be provided (as per system requirements). PFC CONSULTING LIMITED 151RFP for Selection of Bidder as Transmission Service Provider The pipework shall be marked with colours and arrows to show which fluid is circulating which way in the respective pipe. All necessary auxiliaries (lube oil system, cooling system), foundation plates and bolts, covers, air and oil coolers with adjacent piping shall be included (if applicable). Suitable arrangement shall be mounted inside the synchronous condenser enclosure to prevent condensation during shut-down periods. Sensors, detectors, and instrumentation necessary for supervision and control shall be installed. Detectors to provide signals for the speed measurement shall be installed. These detectors are also used for overspeed protection. A vibration monitoring/protection system shall be provided. Relative shaft vibration - monitoring; absolute bearing casing vibration – protection shall also be provided. The synchronous condenser shall be designed for continuous operation and 10,000 starts/stops in its lifetime (35 years). 8.2 Inertia Requirement If the specified inertia requirements as mentioned in the Table-2 cannot be achieved with the rotor only, the TSP shall consider the installation of an additional flywheel. 8.3 Stator 8.3.1 Stator Frame and Core The stator frame shall be of welded construction and equipped with suitably arranged braces to ensure structural rigidity. The interior of the stator casing/stator frame partly forms the cooling ducts and therefore the braces in the stator frame shall be arranged in such a manner that an optimum air flow will be obtained. For easier transportation (if required) the stator casing/stator frame can be split up into two sections. The sections of the iron core and of the stator casing shall be clamped together by means of liberally dimensioned bolts. Care will be taken to avoid vibrations at the insulated joints. The stack of laminations shall form the active part of the Synchronous condenser and shall be made of silicon alloy steel sheets. The segments shall be coated with an insulating varnish of good thermal and mechanical properties on both sides and stacked interleaved. The core shall be clamped between non-magnetic pressure plates. A certain number of through bolts to be provided for an adequate and permanent compression of the active core. The compression fingers integrated in the pressure plates, distributing the pressure over the whole surface of the core uniformly. The pressure fingers, plates and the core beams shall be designed to give stable and equal distributed pressure on the lamination. The enclosure shall have openings to inspect the core and the windings. All steelworks shall be thoroughly protected against corrosion. Welded steel constructions shall follow relevant ISO standards. PFC CONSULTING LIMITED 152RFP for Selection of Bidder as Transmission Service Provider 8.3.2 Stator Core Tests Before the stator winding is installed, the stator core shall be subjected to stator core loop test with high flux density (minimum 1T). 8.3.3 Stator Winding The stator winding shall be three-phase with 6 terminals brought out from the synchronous condenser enclosure. Neutral of SynCon star point shall be earthed in NGT panel through dry type distribution transformer with secondary loaded with a resistor. All material inside the slot and the winding insulation shall be of thermal class F. No kind of magnetic material, such as for slot wedges, is permitted within the slots. The winding must be capable of being easily substituted by removing a few adjacent coils or bars (as applicable). The end windings must be suitably braced and supported by rings of non- magnetic materials to withstand any forces caused by short circuit at the terminals of the machine in grounded or ungrounded operation. The stator winding insulation shall be made of thermosetting epoxy resin impregnated mica tape system and shall be equipped with corona protection systems suitable for the selected rated voltage. 8.4 Rotor The shaft shall be forged of steel and sufficiently rigid. It shall have an ample margin of strength and be provided with a forged coupling to Flywheel or other (if applicable) and specified in the technical specification. For cylindrical rotor design, the shaft shall be machined from a single alloy steel forging to give the required mechanical, metallurgical and magnetic characteristics. Rotor shall have an adequate margin between critical speed and the operating range of speed to ensure smooth running. The rotor shaft and rotor itself shall be designed to withstand all the operating conditions as well as overspeed. For salient pole construction, poles shall have claws to fit in matching claw slots accurately machined on the rim/ Rotor body. The pole along with field coil shall be properly secured in the slots and wedged there properly. The rotor assembly shall be of such design that the assembling and dismantling can easily be done at site. 8.5 Damper Winding A low resistance damper winding made of full-length copper rods or copper rotor wedges shall be provided on all the poles to dampen rotor oscillations. They shall be short circuited at the ends by a completely connected ring on either side. The damper windings shall be strong enough to withstand all the electrical and mechanical stresses occurring during operation. All contacts shall either be brazed or safely pressed by means of bolts and elastic elements. Contact surfaces of pressed contacts shall be protected against oxidization and corrosion, i.e. by appropriate galvanization. 8.6 Collector rings and brushes (if applicable) The collector rings shall be insulated from the shaft system by epoxy glass laminations and spaced sufficiently apart and the brushes arranged to eliminate the possibility of accidental PFC CONSULTING LIMITED 153RFP for Selection of Bidder as Transmission Service Provider short circuit while changing or adjusting the brushes. The brush gear for the collector shall be mounted on insulated studs from the top of the exciter brush gear housing. The slip ring housing shall have sufficient space for maintenance purposes. There shall be provision for the replacement of brushes while the machine is in operation, without interrupting the excitation or normal operation of the machine. Carbon dust collection system shall be provided to remove carbon dust generated from carbon brushes. The filters used shall be metallic and washable type having high efficiency. The piping should be routed in a way to optimize spaces. 8.7 Rotor Winding/ Poles The rotor winding shall have an insulation that fully conforms to thermal class 155 or higher. For salient pole type construction, the field poles shall be of laminated construction and the material used shall be of high strength. On both ends, end plates of high-grade steel shall bebe fitted. The pole core and the pole end plates shall be clamped together by screwed bolts. The insulation materials used shall provide sufficient mechanical strength. 8.8 Instrumentation All temperature sensors shall be Resistance temperature detectors (RTDs) of duplex type and be wired to a terminal box with shielded cables. 8.8.1 Stator winding/Core Detection / measurements shall be provided by means of RTDs; i.e. at least 3 (three) active RTDs and 1 (one) spare RTD per phase and per circuit distributed between phases and circuits around the stator bore, located between the upper and lower bar in the same slot; at least 3 (three) RTDs in the core located at each end and in the middle. 8.8.2 Rotor winding Rotor winding temperature shall be be measured using the resistance method as per IEC 60034-1. Sufficient number (at least 12) of Duplex RTDs shall be provided, distributed as per OEM design to monitor the temperature. 8.9 Terminal Boxes Terminal boxes shall be of weatherproof construction to eliminate entry of dust, vermin and water with a degree of protection IP54. The terminal boxes on the SynCon shall be suitable to connect cable size required. The phase terminal of the windings shall be brought out of stator frame by appropriate means and interfaced to insulated phase bus of adequate size & capacity. The leads on the neutral side shall be brought out of the stator frame and shorted through a suitable size bus bar. Provision shall be made on the main (Phase) side & neutral side of the SynCon for mounting of required no of CTs for AVR, control, protection & metering. The phase terminals or a fitted cubicle shall be suitable for IPB termination. Insulated protective cage cover connection between stator and bus duct for line terminals shall be provided for safety of O&M and personnel. A suitable neutral grounding cubicle shall be fitted to the neutral terminals. The cubicle shall allow for installation of all required CTs, neutral earthing via neutral earthing transformer and resistor. PFC CONSULTING LIMITED 154RFP for Selection of Bidder as Transmission Service Provider Terminal boxes shall be provided for termination of the following signals/ terminals: • Instrumentations • Space heaters • Temperature detectors 8.10 Bearings The bearings shall be designed for the weight of the rotor of the synchronous condenser as well as for additional loads owing to abnormal service conditions. The bearing pedestals may be a cast or welded structure, in any case providing the required strength and stiffness. To avoid the formation of shaft currents one pedestal is insulated from the foundation frame, pipe connections, etc. Suitable protection shall be provided to avoid the escape of oil and oil vapor via the shaft. If the grid connection is tripped the synchronous condenser bearings shall be fed by the emergency DC pump from oil supply system until the synchronous condenser is on standstill (0 rpm). The bearings shall withstand a defined overspeed of 10% during start-up. A central oil mist extractor shall be present in the oil system to evacuate oil mist from the bearing housing. The contractor shall ensure complete protection, control, and measurement for the bearing’s safety and diagnosis, consisting of RTDs, at least one triple element per bearing, to monitor bearing metal temperature. 8.11 Lube oil system The flood lubricating system of the bearings shall be separately mounted. The oil plant shall comprise the bearing/oil container, the oil/water cooler for frictional heat dissipation, the flood-lubrication pump, as well as all necessary fittings, pipes, filters and supervisory instruments. 8.12 Lube oil pumps A high-pressure oil system shall be provided for the bearing to avoid mixed friction at a low speed. A high-pressure pump with non-return valve shall take the oil from the sump and presses it between the lower part of the bearing and the shaft. The arrangement in the shell of the oil-jacked bearing ensures that no pressurized oil can infiltrate between the bearing lining and the shell. The lube oil system shall have redundant (2 x 100%) oil pumps to supply lube oil to the bearings. They shall be fed by AC power supply. An automatic change-over from main to back-up AC pump shall occur in case of loss of lube oil pressure. An emergency DC pump of sufficient capacity shall pump the oil until the synchronous condenser has come to a complete standstill in case of the grid connection is tripped. The DC pump shall be fed from the station battery. 8.13 Cooling system To reduce the complexity of the synchronous condenser unit, the synchronous condenser shall be air-cooled. H2-cooling is not permissible. Extraction of losses shall be via water-to-air heat exchangers (TEWAC cooling scheme). The secondary cooling system i.e water to air heat exchanger, shall be a redundant type such that PFC CONSULTING LIMITED 155RFP for Selection of Bidder as Transmission Service Provider it shall be possible to take out 10% (minimum one number) of the cooler module (fan unit) of secondary cooling system without affecting the rated performance of SynCon unit. In case of Water cooled Stator Winding, Stator water cooling System shall be closed loop type with 2x100% AC motor driven circulating water pumps, 2x100% de-mineralised water heat exchangers, 2x100% filters, one mixed bed de-mineraliser and one alkalizer unit (as applicable). The scope of this system shall include but is not limited to: a) a Pump skid with all relevant components and measurement devices b) a Set of outdoor coolers (chillers). c) an Expansion tank (installed on the pump skid) d) a Refill unit (installed on the pump skid) e) Connecting pipe system including pipe supports and interface flange connections f) a Cooling system cabling, excluded cabling to the outdoor coolers and the outdoor temperature sensor. g) an outdoor temperature sensor h) all necessary foundation bolts for the cooling system and piping i) Junction boxes for termination of control cables The water-cooling system shall be connected to:  the heat exchangers of the synchronous condenser to evacuate the heat generated by the machine.  (if applicable) the fly-wheel’s heat extraction system The use of the coolant shall be adapted on the environmental condition listed in this specification. The coolant shall be a mixture of ethylene or propylene glycol and water (with corrosion inhibitors as additives). If ambient conditions allow (ambient air permanently above freezing point) water with corrosion inhibitors can be used. 8.14 Monitoring sub-systems Following On-Line monitoring sub-systems shall be provided for Synchronous Condenser: 8.14.1 Vibration Monitoring System A continuous on-line vibration monitoring system complete with sensors, input/output module, control/processor unit, relays, junction boxes, cabling and associated accessories for measuring, monitoring and data acquisition of shaft vibration/run-out shall be provided. The systems should be fully integrated with control system (SCADA) to facilitate shutdown and alarming, trending the values in SCADA for diagnosis. 8.14.2 Shaft Current online Monitoring of Synchronous condenser A low-voltage ring type current transformer in a parted form of construction shall be used for measurement of shaft current. The current transformers design shall be suitable for the intended installation location (i.e. ambient conditions). Thus, the shaft current relay shall detect a transient current in the synchronous condenser shaft. 8.15 Flywheel system (if applicable) The flywheel shall be coupled to the synchronous condenser rotor. The design shall enable a safe emergency run-down in case of total power loss (grid black-out). The required bearing lubrication during emergency run down shall be ensured by battery- powered DC pump, defined, and sized depending on unit specific parameters. PFC CONSULTING LIMITED 156RFP for Selection of Bidder as Transmission Service Provider The main components of the flywheel assembly are the forged flywheel body and shall be coupled to synchronous condenser either directly or by means of attached shafts. The whole flywheel shall be supported by pedestal bearings. The safe operation of the flywheel shall be covered by the standard protection concept for rotating power generation equipment, including overspeed, bearing temperatures and vibration limits. 8.16 Bearing and Shaft Vibration Measurement / Protection System Two Proximity sensors (90º apart) and necessary provisions for the monitoring of shaft vibration amplitudes shall be installed on each bearing. The vibration measurement system for the bearing shall be integrated with the vibration system provided for SynCon. At least two accelerometers per bearing shall be installed to monitor bearing casing vibration. 9. EXCITATION SYSTEM 9.1 General Microprocessor based excitation system with thyristor control shall be provided to suit the Synchronous condenser characteristics. The excitation system shall comply with the requirements of IEC 60034-3 unless otherwise specified. The excitation system may be offered as either:  Static Excitation System (SEE) using controlled power electronic converters, or  Brushless Excitation System (BES) using a shaft-mounted AC exciter and rotating rectifier assembly. In case of SEE, the AC power required for the excitation shall be tapped from the SynCon terminal, stepped down by means of excitation transformers and rectified by fully controlled thyristor bridges and then fed to the SynCon field thereby controlling the voltage output. In case of Brushless Excitation System, the excitation power shall be supplied by a shaft-mounted AC exciter after rectification through a rotating diode bridge. The offered excitation system shall be capable of delivering desired synchronous condenser terminal voltage and reactive power within the specified limits during all the steady-state and transient operating conditions. Any change in the SynCon terminal voltage shall be sensed by the voltage regulator which shall automatically control the field excitation to restore the setpoint. The temperature of the field shall be determined by the resistance method. 9.2 Static Excitation System (SEE) In case of SEE, it shall consist of following: a) Excitation transformer. b) A Set of Thyristor converters (fully redundant Thyristor bridges) of suitable numbers shall be provided. Power thyristor converter shall be fully controlled three phase, full wave bridge type with fast and high ceiling performance. The converter shall have ‘N+1’ redundancy where N is the number of bridges required to deliver rated excitation current and the ceiling voltage or current and '+1' provides redundancy such that the failure of one power section does not lead to any operational limitations. c) Facilities to ensure excitation power supply during starting d) Field breaker and field discharge and suppression equipment. 9.3 Brushless Excitation System: In case of BEE, it shall consist of following: PFC CONSULTING LIMITED 157RFP for Selection of Bidder as Transmission Service Provider (a) Shaft-mounted three-phase AC exciter with stationary field and rotating armature (b) Rotating rectifier assembly using high-reliability diodes with surge protection and with either complete bridge as redundant or at least one redundant parallel branch in each of the six arms of the bridge. (c) No slip rings or brushes for main field current supply. (d) Field flashing equipment shall be provided for voltage build-up and recovery under low residual conditions. (e) Monitoring of rotating rectifier health via indirect measurement of exciter current, voltage, and unbalance detection. (f) High ceiling performance with minimum 160% ceiling field voltage. 9.4 Regulator and sequencer TSP shall provide Digital Controller and AVR having automatic voltage regulator mode (AVR) and field current regulator mode (Manual Mode), as well as the required sequencing and communication to the plant control system. It shall be according to following.  Number of independent regulators: 2 (full N+1 redundancy, completely doubled hardware)  Voltage Controller of PID-type/ PI type,  Manual (field current) regulator, common hardware with AVR  Bump less switch between voltage regulator and field current regulator  Digital sequencer as part of the software  Digital setpoint interface  Synchronous condenser voltage and current sensing: 1 or 3-phase measurement.  Reactive load compensation: raising/falling characteristic selectable  Field current limitation including: + Maximum limiter undelayed + Maximum limiter delayed + Minimum limiter undelayed  Stator current limitation  Over fluxing (Volts/Hertz) limiter  Reactive power regulator  Automatic generator voltage  Thyristor conduction supervision via AC thyristor current measurement or detection of field voltage shape  Soft start-up (provides smooth SynCon voltage increase according to required ramp)  Interface to control system via suitable protocol.  Power System Stabilizer  Provision to connect to LAN and NTP time server.  All Alarms and messages with timestamp.  Fault recorder which records and stores curves in case of alarms or trips. Auxiliary power supply to excitation control and protection shall include suitable redundancy such that failure of one auxiliary source shall not affect excitation system operation. PFC CONSULTING LIMITED 158RFP for Selection of Bidder as Transmission Service Provider Operation and monitoring: Following Local operation and monitoring shall be provided via touch panel integrated in the front door of the control cabinet. Local operation Touch panel shall be Password protected. − excitation ON/OFF − setpoint RAISE/LOWER − AUTO, MANUAL selection − Voltage-/reactive power regulator or power factor regulator selection − Alarms acknowledgement − Indication shall include:  Measurement Values (SynCon Voltage and Current, Field current, SynCon active power, SynCon reactive power, SynCon power factor, etc.)  Event and Alarm lists  Other local functions All alarms of the excitation system are stored and indicated on SOE list in correct time sequence. Furthermore, the two alarms “Excitation Alarm” and “Excitation Trip” are wired to the terminal strip for external use. Further included components: − 1 precision Shunt for field current sensing − All MCBs with supervision contact − Real measuring, analogue Meters in regulators cabinet front door, for field current, field voltage, stator current and stator voltage − 4-20 mA signal for remote indication of excitation current − 4-20 mA signal for remote indication of excitation voltage 9.5 Closed-Loop Control The set points will be adjusted via the automatic follow-up function. Each automatic channel shall have its own manual controller for field current control and its own voltage and current transformer for the processing of the SynCon terminal voltage and terminal current. The excitation system shall provide three modes of operation:  Manual mode: the excitation current is modified locally via the Human Machine Interface (HMI) installed in the excitation panel, the automatic voltage control functions and the limiters are deactivated (test mode or commissioning mode).  Automatic Mode local: The automatic voltage control is active and the control setpoint for the terminal voltage control shall be modified via the HMI screen installed in the excitation panel.  Automatic Mode remote: The automatic voltage control is active and the control setpoint for the terminal voltage control shall be modified via plant operation and control interface. The excitation system shall be electrically and thermally capable of delivering continuously up to 110 % of the rated field current required at design ambient temperature. PFC CONSULTING LIMITED 159RFP for Selection of Bidder as Transmission Service Provider The initial response ceiling voltage of the excitation system shall be adequate to meet the step response conditions as verified by Contractor/TSP - Synchronous Condensers design. The SEE shall be able to deliver a ceiling field voltage of minimum 160% of the rated field voltage (field voltage applicable at rated field current, rated SynCon terminal voltage and defined rated reactive power rating of the SynCon). The limiting functions of the automatic channel ensure that the SynCon is operated within its capability limits during grid operation. The following limiting and control functions shall be included:  Stator current limitation  Maximum field current limitation (field forcing)  Over excitation limitation (field current)  Under excitation limitation  V/f limitation The excitation system shall be provided with strategic spare parts. The Excitation System shall have following step response characteristics: Description Time Response time The duration from a step change in control Minimum 1 sec signal until the voltage changes by 90% of its final change, before any overshoot. Settling time With the Syncol Unit unsynchronised Maximum 1.5 sec following a disturbance equivalent to a 5% step change in the sensed Syncol Unit terminal voltage With the Syncol Unit Maximum 2.5 sec Following any disturbance which causes an Maximum 5sec excitation limiter to operate. 9.6 Power System Stabilizers Power System Stabilizers (PSS) are used to enhance damping of power system oscillations through excitation control(s). TSP shall implement PSS controls in line with IEEE Standards 421. The PSS controller shall have configurable range of frequency (to damp) to have a flexibility during the operation phase. 9.7 Power Supply In case of SEE, the excitation transformer shall be connected to SynCon isolated phase bus duct between generator circuit breaker and unit step up transformer or shall be supplied from the MV-busbar system. The excitation transformer shall be a three-phase, two-winding converter transformer. In the case of a Brushless Excitation System, the SynCon shall be provided with a shaft-mounted Permanent Magnet Generator (PMG) to supply independent power to the Excitation System, while the main rotor field excitation power shall be derived from the shaft- mounted AC exciter through rotating rectifiers. 9.8 Operating Aspects The communication interface between the Excitation System and the plant operating control system shall have redundant connection. PFC CONSULTING LIMITED 160RFP for Selection of Bidder as Transmission Service Provider Signal exchange to the Excitation System shall comprise all commands for Excitation System and SFC operation and the set-point values for different Excitation System closed loop controls. The opposite direction from the Excitation System to the Synchronous Condenser unit control system shall include the feedback signals, actual values, and several alarm signals. An operator control panel shall be installed on the front door of the control cabinet. Local or remote operation can be selected by using the key switch at the control cabinet door. The operator control panel shall provide all required software tools to configure, maintain, and troubleshoot the excitation systems. 10. STARTING SYSTEM The machine starting system shall be supplied as a complete system including all equipment, control and power part, hardware and software, to perform, control and supervise the actual start-up process. The static frequency converter (SFC) shall be provided to accelerate the synchronous condenser from any speed to the nominal speed, so as to allow the synchronous condenser units connection to the network. Specifically, if any synchronous condenser is freewheeling (e.g. following a trip), the synchronous condenser shall be able to be accelerated by the SFC, without the need of having the synchronous condenser come to a complete rest. In addition to this the drive shall have the capability to decelerate the synchronous condenser following GCB opening. The synchronous condenser, the excitation system, the start-up system, the start supply transformer etc. shall not be overloaded in any respect; thermally, over fluxed, high currents / voltages or torque etc. The normal start sequence duration shall be approximatively 30 min. (estimated time, required starting time< 30min) from the first rotation to required overspeed for successful synchronization. At standstill, at the initialization of a sequence, the excitation shall be activated and supplying an excitation current to the rotor winding of the machine. The SFC equipment will increase the frequency of the compensator until a running speed required for successful synchronization is achieved. At this running speed of the SFC equipment, excitation is disconnected, and the exciting system of the compensator shall be activated. The compensator achieves rated voltage and is synchronized into the grid. If the synchronizing is unsuccessful, 2 further attempts shall be allowed. 11. Noise Levels The overall noise level of the Synchronous Condensers Units yard shall be no greater than 85 dB(A) when measured at a distance of one metre and at a height of 1.5 metre from any equipment except SynCon. In case of SynCon, the noise level when measured at approximately 1 m distance from the Synchronous condenser surface during normal operation at rated ratings & ambient conditions shall not be more than 90 dB(A). 12. Step-up Power Transformer The TSP shall provide single phase step-up transformers to operate as 3- phase bank with one unit as a common spare for stepping up the voltage from a suitable medium voltage value to 400 kV system as required for replacing any one of the faulty phase units. Alternatively PFC CONSULTING LIMITED 161RFP for Selection of Bidder as Transmission Service Provider equivalent 3-ph transformer can also be provided, in which case spare transformer of same rating shall also be provided. TSP can have a common spare as mentioned above for all such SynCon Units whose Step up Transformer rating is same. Step up Transformer shall conform to CEA’s “Standard Specifications and Technical Parameters for Transformers and Reactors (66 kV and above voltage class)” as amended up to date available on CEA website. The Transformer shall be designed with the aim to achieve operation according to the overall performance requirements of the SynCon Station. The transformer should be designed and rated to carry complete capacitive and inductive reactive loading as specified for SynCon Station as well as harmonic currents associated with the most onerous operating conditions of SynCon Station, without loss of life. The transformer shall be designed in accordance with the most up-to-date experience in SynCon application and shall incorporate the latest improvements of design currently employed in the industry. The Comprehensive design review of the Transformer of SynCon Station shall be carried out by the TSP. 12.1 General Requirements The Step-up Power transformer shall be designed electrically and mechanically for operating conditions peculiar to SynCon Station operation, which shall include, but not be limited to the following: a) The transformer and all its accessories like Bushings, CTs etc. shall be designed to withstand without damage, the thermal and mechanical effects of any external short circuit to earth and of a short circuit across the terminals of any winding for a period of 3 seconds. The short circuit level of the 400 kV system to which the transformer shall be connected, will be as per the maximum short circuit level of the main substation. Short Circuit level of the Transformer shall be as per the Short Circuit level of the respective Substation. Short circuit level for HV bushing shall be 63 kA for 1 Sec. b) The transformer shall be capable of being loaded in accordance with IEC 60076 or the overload conditions as specified whichever is the worst. There shall be no limitation imposed by bushings during its terminal fault. c) The transformer shall be capable of withstanding the mechanical stresses caused by symmetrical or asymmetrical faults on any winding. d) All protection class Current Transformers in the transformer shall be of PX/PS type. Other details of these Current Transformers shall be as per protection/metering requirements and shall be decided during detailed engineering. However, the parameters of the Winding Temperature Indicator (WTI) of Current Transformer for each winding shall be as per the Transformer manufacturer. e) Transformers shall be capable of operating under natural cooled conditions up to the specified load. The forced cooling equipment shall come into operation by pre-set contacts of winding temperature indicator and the transformer shall operate as a forced cooling unit initially as Oil Natural Air Forced (ONAF) up to a specified load and then as Oil Forced Air Forced (OFAF). Cooling shall be so designed that during total failure of power supply to cooling fans and oil pumps, the transformer shall be able to operate at full load for at least ten (10) minutes without the calculated winding hot spot temperature exceeding 140° (degree) Celsius. Transformers fitted with two coolers, each capable of dissipating 50 percent of the heat due to losses at the continuous maximum rating, shall be capable of operating for 20 minutes in the event PFC CONSULTING LIMITED 162RFP for Selection of Bidder as Transmission Service Provider of failure of the oil circulating pump or blowers associated with one cooler without the calculated winding hot spot temperature exceeding 140° degree Celsius at continuous maximum rating. f) The transformer shall be free from any electrostatic charging tendency (ECT) under all operating conditions when all oil circulation systems are in operation. In general, the oil flow speed shall not exceed 1.0 m/sec within winding in the oil flow system of the transformers. The manufacturer shall ensure that there is no electrostatic charging tendency in the design. The Technical Parameters of the Transformer shall be as below Table 3 Sl. No. Description Unit Technical Parameters 1.1 Rated Capacity HV MVA To meet the performance MV MVA requirement and ratings of SynCon. The transformer shall be suitable for 100% reactive loading 1.2 Voltage ratio (Line to Line) XX (*)/400 kV 1.3 Single / Three Phase Design Single phase/Three phase 1.4 Applicable Standard IEC 60076 1.5 Rated Frequency Hz 50 1.6 Cooling and Percentage Rating at ONAN/ONAF/(OFAF or different cooling ODAF): 60% / 80%/100% OR ONAN/ONAF1/ONAF2: 60% /80%/100% OR OFAF (with 5 x 25% unit cooler if required) 1.7 Impedance at 75oC (in percentage) HV–MV To suit the design requirements. 1.8 Tolerance on Impedance (HV-MV) % As per IEC 1.9 Service Outdoor 1.10 Duty Continuous Reactive loading 1.11 Overload Capacity IEC-60076-7 1.12 Temperature rise over 50 oC ambient Temp i) Top oil measured by thermometer 0C 50 ii) Average winding measured by 0C 55 resistance Method 1.13 Windings i) System Fault level HV kA 63 MV kA To suit the design requirements. ii) Lightning Impulse withstand Voltage HV kVp 1425 PFC CONSULTING LIMITED 163RFP for Selection of Bidder as Transmission Service Provider Sl. No. Description Unit Technical Parameters MV kVp * Neutral kVp 170 iii) Switching Impulse withstand Voltage HV kVp 1175 iv) One Minute Power Frequency withstand Voltage HV kVrms 630 MV kVrms * Neutral kVrms 70 v) Neutral Grounding Solidly grounded vi) Insulation HV Graded MV Uniform vii) Tan delta of winding % < 0.5 1.14 Vector Group (3 – ph) YNd* (unless specified differently elsewhere) 1.15 Tap Changer * 1.16 Bushing i) Rated voltage HV kV 420 MV kV * Neutral kV 36 ii) Rated current (Min.) HV A * MV A * Neutral A * iii) Lightning Impulse withstand Voltage HV kVp 1550 MV kVp * Neutral kVp 170 iv) Switching Impulse withstand Voltage HV kVp 1175 v) One Minute Power Frequency withstand Voltage HV kVrms 750 MV kVrms * Neutral kVrms 77 vi) Minimum total creepage distances HV mm/kV 31 MV mm/kV 31 Neutral mm/kV 31 vii) Tan delta of bushings HV % Refer Note 2 MV % Refer Note 2 viii) Max Partial discharge level at Um HV pC 10 PFC CONSULTING LIMITED 164RFP for Selection of Bidder as Transmission Service Provider Sl. No. Description Unit Technical Parameters MV pC 10 Neutral - 1.17 Max Partial discharge level at 1.58 * pC 100 Ur /√3 1.18 Max Noise level at rated voltage and dB 80 at principal tap at no load and all cooling Active 1.19 Maximum Permissible Losses of Transformers i) Max. No Load Loss at rated voltage kW To suit the design requirements. and Frequency ii) Max. Load Loss at maximum kW To suit the design requirements. continuous current and at 75O C iii) Max. Auxiliary Loss at rated voltage kW To suit the design requirements. and Frequency Notes: 1. No external or internal Transformers / Reactors are to be used to achieve the specified HV/MV impedances. 2. The criteria for Transformer losses shall be “Copper Loss (Load Loss) > Iron Loss (No Load Loss) > Cooler Loss (Auxiliary Loss)”. (*) marked parameters shall be decided based on SynCon manufacturer’s requirement 13. Generator Circuit Breaker The Circuit Breaker shall in general be of G2/M2 class and comply to IEC/IEEE 62271-37-013:2021. They shall satisfy the General Technical Requirements and shall be designed to operate in the environmental conditions specified in this specification. 14. Bus duct (a) The generator bus duct shall comply with the requirements of the latest versions of relevant Indian Standards or International Electrotechnical Commission standards. (b) The bus duct shall be designed to carry maximum continuous current under normal site conditions without exceeding temperature rise limits. Based on these requirements standard size of bus duct as per relevant Indian Standards or International Electrotechnical Commission standards shall be used. (c) Generator bus duct shall be segregated or isolated phase type. Bus duct rated more than 3150 Amperes shall be isolated phase type. The isolated phase ducts shall be preferred over the segregated phase bus ducts. The bus duct rated more than 6000 Amp shall be continuous isolated phase type. (d) A hot air blowing system or air pressurization system shall be provided to prevent moisture deposition in case of isolated phase busducts while space heaters may be provided in case of other bus ducts. 15. Selection of Insulation Levels 15.1 Surge Arrestors Protective levels of arresters connected to the 400 kV AC Bus Bars of the SynCon Station shall be coordinated with the insulation and surge arrester Characteristics of the 400 kV AC systems PFC CONSULTING LIMITED 165RFP for Selection of Bidder as Transmission Service Provider to which the SynCon Station is to be connected. The specification and characteristics of the surge arresters installed in 400 kV AC system is given in Substation specification. The front of wave (FWWL), lightning impulse (LIWL) and switching impulse (SIWL) withstand levels shall be determined by the following margins: a) A SIWL at least 1.15 times the switching impulse protection level. b) A LIWL which is an IEC standard level corresponding to the SIWL and shall be at least 1.25 times the lightning impulse protection level. c) A FWWL which is at least 1.25 times the front of wave protection level. In addition to above minimum basic requirement the various insulations level of 400 kV equipment shall be as below. The SynCon Station equipment, Step-up Transformers etc. shall be co- ordinated accordingly. SIWL LIWL All equipment other than Transformer Bushing and 1175 kVp 1550 kVp winding 15.2 Air clearances The air clearances shall be determined by the TSP based on the required withstand levels for all waveforms in order to limit the probability of flashover within the SynCon Station to a target value of one flashover in 15 years. 15.3 Switchyard The air clearances for switchyard equipment shall be equal to or greater than minimum values as specified in IEC-60071. Altitude correction factor (if any) shall also be considered as per IEC. 15.4 Leakage distances The Creepage/leakage distance across insulation shall be determined by the TSP and shall be adequate to ensure that under condition of heavy pollution, the probability of a flash over of an insulator does not exceed one in 15 years. However, the leakage distance for all AC insulators for outdoor installation shall not be less than 25 mm/kV of the maximum operating phase to earth rms voltage at the insulator. The leakage distance of equipment connected to 400 kV systems shall not be less than 10500 mm. Specific creepage distance for outdoor bushings, insulator strings and long rod insulators shall be minimum 31mm/kV. 16. PROTECTION SYSTEM The synchronous condenser unit shall have a protection system with necessary back-ups to protect the equipment from critical failures and faults. The protection systems shall be secure and reliable to minimize any damage due to faults in the system. Protection relays shall be numerical type. The mechanical protection (overtemperature, vibration) should be implemented in SynCon control panel system. 16.1 General Protection Concept The function of the protective equipment is the detection of faults and the minimization of further damages. The selected protective system must ensure that faults are detected fast, selectively acted upon, and announced to the owner of the station. The protection system must ensure correct behavior during normal operation of the synchronous condenser unit even in PFC CONSULTING LIMITED 166RFP for Selection of Bidder as Transmission Service Provider case of faults outside the protected zone. The protective systems shall be independent of other equipment according to the protection philosophy. The protection equipment must be designed with a comprehensive monitoring function to provide a high level of reliability and to avoid unnecessary shutdowns due to protection equipment malfunction. The monitoring system must elicit an alarm and block protection in case of internal defects. A redundancy concept of the protection system design shall apply to the SynCon and the machine transformer consistently throughout by duplicating all the essential components. All implemented protection functions shall be doubled in the main A and main B protection relays. The redundancy starts with separate instrument transformer cores and continues through the protection relays and trip signal, which must pass through separate DC voltage paths to switchgear with 2 circuit-breaker trip coils. All protection zones shall have overlapping zones by using different CT’s or CT cores. The protection relays shall be mounted in separate panels for A and B protection. The auxiliary transformers shall be protected with overcurrent protection function. 16.2 Protection zones The protection system for the synchronous condenser unit must be divided into various protection zones: - Protection for the high voltage side of machine transformers - Protection for the machine transformer included the isolated phase bus - Protection for the synchronous condenser - Protection for the MV/Auxiliary transformer For the main protection zones common tripping relays must be used for protection A and B. All types of faults that shall be detected by the protection system. - Heavy short circuit faults (2 / 3 phase- and double earth fault) based on differential (ANSI 87) and overcurrent measuring (ANSI 50/51) principle. - Single earth faults at the SynCon side of the transformer and IPB system by displacement voltage detection without selection where the fault happened. 16.3 Protection Functions A. Minimum Synchronous Condenser Protection Functions Function Main A Main B Biased SynCon Differential Protection (87 G) Y Y 95% Stator Earth Fault Protection (64 G1) Y N 100% Stator Earth Fault Protection (64 G2) N Y Loss of Field Protection (40G) Y Y Backup Impedance Protection (21G) G)(21GProtection) Y Y Overvoltage Protection (59G) Y Y Negative Phase Sequence Current Protection (46G) Y Y Under Frequency Protection (81G) Y Y Overload Protection for SynCon (51G) Y Y Rotor Earth Fault Protection (64R) Y Y Under Excitation Protection Y Y Bearing Current Protection (50SC) Y Y SynCon Pole slipping protection (98G) Y Y PFC CONSULTING LIMITED 167RFP for Selection of Bidder as Transmission Service Provider Excitation System Overcurrent Protection (50/51 EXE) Y Y Dead machine (27/50G) Y Y B. Step Up Transformer Protection Functions Function Main A Main B Biased Differential Y Y Overcurrent Protection Y Y Over fluxing Protection Y Y Low Side Neutral Voltage Displacement Protection Y Y Buchholz Protection Y N Explosion Vent Protection N Y LV Winding Temperature Protection N Y HV Winding Temperature Protection Y N C. Unit Transformer Protection Functions (Auxiliary Transformers) Function Main A Main B HV High set Overcurrent Protection Y Y HV Overcurrent Protection Y Y Over fluxing Protection Y Y Buchholz Protection Y N Explosion Vent Protection N Y LV Winding Temperature Protection Y N HV Winding Temperature Protection N Y D. Pony Motor Protection Functions (if applicable) Function Main A Main B Overcurrent Y N Overload / Thermal Protection Y N Undercurrent Protection Y N No of Starts Limiter Y N E. Generator Circuit Breaker Function Main A Main B Current Checked Circuit Breaker Failure Protection Y N Trip Circuit Supervision Y Y Synchronizing Y N F. Breaker Failure Protection a) High voltage circuit breaker Each trip to the high voltage circuit breaker must simultaneously initiate a breaker failure start in the high voltage feeder protection system. This signal must be integrated in the high voltage feeder protection relay, which executes the breaker failure protection. PFC CONSULTING LIMITED 168RFP for Selection of Bidder as Transmission Service Provider b) Generator circuit breaker In case the generator circuit breaker does not open after a trip command, the breaker failure function in the SynCon protection relay must send an inter-trip signal to the high voltage circuit breaker. The start of the breaker failure protection shall be realized over a signal from the trip relays to a binary input to the protection relays. This ensures that all trip signals will start the breaker failure function. The breaker failure protection supervises the current and the auxiliary contacts of the circuit breaker. Generator Circuit Breaker Control The control of the generator circuit breaker and the related disconnectors/earthing switches shall be implemented in synchronizing device. Interlocking The electrical interlocking shall be implemented in the software logic of the control device. The interlocking shall be realized with hardwired release signals. The release signal of the earthing switch and disconnector to and from the HV switchgear will be send as electrical signal. The earthing switch on the SynCon side must be interlocked with a release signal from the SynCon control system (it is only possible to close the earthing switch if the SynCon is stopped). Synchronizing the SynCon For the Synchronous condenser synchronizing a synchronizing relay shall be used. This synchronizing relay must work as a synchronizer. The synchronization of the SynCon to the grid shall be part of the start sequence of the SynCon control. In the synchronization step, synchronizing device monitor the voltage, the frequency, and the phase angle on both sides of the generator circuit breaker. The synchronization device will send increase or decrease commands to the excitation system until the Synchronous condenser voltage matches the grid voltage. If the voltage, frequency, and phase angle are within the set limits the close command to the generator circuit breaker will be issued by the synchronizing device. 16.4 Control and Protection SFC-MV Switchgear The control of the medium voltage feeder for the SFC can be implemented in multifunctional control & protection relays. 16.5 Control of Auxiliary System The control of the auxiliary system shall be implemented in the SynCon control panel. 16.6 Voltage Regulator for the Tap Changer The control of the voltage regulator of the Main Transformer (On Load Tap-Changer) and monitor auxiliary transformer (Off Load Tap-Changer) shall be implemented in a SynCon control panel. 16.7 Communication and Time Synchronization Communication to Control System The protection and control devices shall be connected to the plant control system through an optical Ethernet communication network configured in a ring or other redundant topology. Communication shall be based on the IEC 61850 standard. All protection and control signals, PFC CONSULTING LIMITED 169RFP for Selection of Bidder as Transmission Service Provider including trip signals, shall be transmitted to and processed within the plant control system and shall be displayed and monitored through the HMI system.. Time synchronization must be realized over the same interface. Time synchronization to protection devices shall be over network time protocol. TSP shall follow CEA (Cyber Security in Power Sector) Guidelines, 2021. 16.8 Specific Requirement for Phasor Measurement Units (PMUs) TSP shall supply, install and commission required No. of Phasor Measurement Units (PMUs) as per the “Guidelines on Unified Philosophy for placement of PMUs in Indian Grid” issued vide CEA letter No. CEA-PS-14-12/9/2024-PSETD Division dated 19.03.2025 for the SynCon. The PMUs shall be provided with LAN switch and shall connect with LAN switch of control room of respective substations/ generating stations with Fibre Optic cable. The PMUs shall be connected with the FOTE at Substation/ generating stations for onwards data transmission to the PDC (Phasor Data Concentrator) located at respective RLDC. Configuration work in existing PDC at RLDC for new PMU integration shall be done by respective RLDC, however all the necessary support in this regard shall be ensured by TSP. The maintenance of all the PMUs and associated equipment shall be the responsibility of TSP. Note: Existing Station owner/s to provide necessary support to integrate different equipment and applications of new extended bays with the existing substation e.g. Communication (through FOTE), Voice etc. for smooth operation and monitoring of new added grid elements. 16.9 Fault Recorder Devices The integral fault recorder function of the protection relay shall be used for recording of the current, the voltage and the trip signals during a fault in the electrical system. If a trip occurs anywhere within the system, all fault recorders of all protection relays shall be triggered by a hardwired binary signal. This ensures that all relevant binary and analogue signals of the whole system will be recorded in case of a fault. For testing and monitoring purpose, a manual trigger of the fault recorders must be foreseen. Data Storage The transfer of the fault/ disturbance records should be performed over the communication interface and the IEC61850 protocol. Fault Analyses Evaluation and analyses of the fault records take place on the engineering workstation. 16.10 Generator Disturbance Recorder (DR) a) One No. microprocessor-based Disturbance Recorder (DR) shall be provided for each synchronous condenser to record graphic form of instantaneous values of voltage and current in all three phases and neutral, open and closed positions of relay contacts and breaker during disturbances. b) It shall have the facility for slow and fast scan to record transient and dynamic performance of the system. c) Both slow and fast scan facility shall have atleast 8 analog and 16 digital inputs. PFC CONSULTING LIMITED 170RFP for Selection of Bidder as Transmission Service Provider d) The slow scan facility shall be provided with the following minimum features - The input shall be MW, MVAR, field voltage, frequency and generator terminal voltage etc. Any transducers, if required for interfacing, shall be provided. - It shall be suitable to record the frequency excursions and response of generator field and governor control on system fluctuations. - It shall have options to select the scan rate in the range having a min. of 10Hz suitable to facilitate capture of low frequency waveforms in the range of 0.5 - 3Hz. - The non-volatile memory shall be suitable for recording for a minimum of 15 minute at scan rate corresponding to selected pre-fault zone of recording. e) The fast scan facility shall be provided with the following minimum features - The input shall be voltages and current etc. Any transducers, if required for interfacing, shall be provided. - It shall have scan rate of 1000 Hz or better for sampling each of the analog channel having fundamental frequency of 50 Hz. The frequency response for these channels shall be DC on the lower side to 500 Hz or better on the upper side. Any interposing devices provided shall be suitable for this frequency response. - The pre and post fault recording time shall be atleast 200 ms and 5s respectively. f) All external and internal faults in the DR equipment such as power supply fail, printer faults, paper exhausting, processor failure, memory failure etc. are to be indicated by means of light emitting diodes on the front of the panel of restitution unit. The DR shall be provided with a MMI (man machine interface) through a PC with VDU, keyboard and printer. g) The internal clock of the system shall be synchronized through the GPS. The output shall be in IEEE/ COMTRADE format. The format shall be compatible for dynamic protection Relay Test Kit Necessary interfacing and software for analysis shall also be provided. h) The amplitude resolution of the analog channels shall not be less than 16 bit and event resolution for digital channels shall be 1ms or better. 16.11 Metering Operational Metering The unit operational metering is measured by multifunction meter and linked to synchronous condenser control system for operation and control purposes. 16.12 SynCon Station Auxiliary Power Supply The auxiliary supply of SynCon Station shall conform with the system requirements relating to reliability, availability, and redundancy, performing continuously to help ensure that the complete SynCon Station operates as per the requirements. SynCon Station Auxiliary supply including all necessary switchgear (viz. AC/DC, lighting boards etc.) shall be completely separate from the main 765/400/220 kV substation auxiliary supply, all loads of SynCon station shall be fed from this supply. The auxiliary supply provides power to the excitation system, starting system, controllers, cooling system, station supplies, and various other essential and non-essential loads. All essential loads are connected to the DC system of the SynCon Station PFC CONSULTING LIMITED 171RFP for Selection of Bidder as Transmission Service Provider which is also to be provided separately from the DC system of the main 765/400/220 kV substation. The auxiliary supply system shall be able to provide a stable supply for the SynCon Station during system faults such as single-phase faults, phase-to-phase faults, and three-phase faults and LVRT (Low Voltage Ride Through) to allow continuous operation of the SynCon Station during these transient events. Auxiliary Supply System of SynCon Station shall be fed from two independent sources as per CEA (Technical Standards for Connectivity to the Grid) Regulations, 2007. In addition to this one emergency incomer from DG set shall also be there. DG set of SynCon Station shall be separate from DG set of Main Substation. 16.13 Power and control cables, and cabling (i) For essential auxiliaries, the power and control cables shall be of fire survival type. All other Power and control cables shall be of flame retardant low smoke (FRLS) type. (ii) Cables to be directly buried shall be essentially armoured type. (iii) Flame retardant low smoke cables and fire survival cables shall meet test requirements as per relevant American Society of Testing and Materials, International Electrotechnical Commission, Institute of Electrical and Electronics Engineers and Swedish Standards. (iv) Derating factors for site ambient and ground temperatures, grouping and soil resistivity shall be considered while determining the size of cables. (v) Cable installation shall be carried out as per relevant IS and other applicable standards. (vi) Power cables and control cables shall be laid on separate tiers. The laying of different voltage grade cables shall be on different tiers according to the voltage grade of the cables with higher voltage grade cables in topmost tier and control cables in bottommost tier. (vii) All cables associated with one unit shall preferably be segregated from cables of other units. (iv) Cable routes for one set of auxiliaries of same unit shall be segregated from the other set. 16.14 Fire Protection System for SynCon Station: Necessary fire protection for SynCon units and Step-up Transformer shall be required. The main features of these protections are as under. A) Fire Detection and Alarm System: Suitable fire detection system using smoke detectors and/or heat detectors shall be provided in SynCon Station for all room and areas. These smoke fire detection systems shall be connected to a separate Fire annunciation system clearly identifying the zone. B) Hydrant System: The hydrant system shall be extended from fire-fighting system of the substation in the yard. Suitable number of hydrants shall be provided for protection of SynCon Station equipment in the yard namely Step-up Transformers etc. as applicable for the station. Further suitable number of hydrants shall also be provided for SynCon Station building HVW System: HVW (High Velocity Water) Spray system shall be provided for Step-up transformers. The tapping for HVW system shall be done from nearby transformer/Reactor or any other suitable point of the main substation fire-fighting line. PFC CONSULTING LIMITED 172RFP for Selection of Bidder as Transmission Service Provider Fire protection system shall be provided in accordance with the Central Electricity Authority (Measures relating to Safety and Electric Supply) Regulations, 2023. 17. VISUAL MONITORING SYSTEM FOR WATCH AND WARD OF SynCon STATION Visual monitoring system (VMS) for effective watch and ward of SynCon station premises covering the areas of entire switchyard, SynCon building, Step-up Transformer, Cooling Towers and Main gate, shall be provided. The TSP shall design, supply, erect, test and commission the complete system including cameras, Digital video recorder system, mounting arrangement for cameras, cables, LAN Switches, UPS and any other items/accessories required to complete the system. System with Colour IP Cameras for VMS surveillance would be located at various locations including indoor areas and outdoor switchyard. The VMS data partly/completely shall be recorded (minimum for 15 days) and stored on network video recorder. Features of VMS system shall be as those specified for main substation. The number of cameras and their locations shall be decided in such a way that any location covered in the area can be scanned. The cameras shall be located in such a way to monitor at least: a) Step-up Transformers. b) SynCon Cooling System, Electrical and Mechanical Auxiliary area. c) Entrance to SynCon Station. d) All other Major Equipments (such as CB, CT, VT, SA etc.) The cameras can be mounted on structures, buildings or any other suitable mounting arrangement. Advisory on deployment of CCTV issued by Ministry of Electronics and Information Technology (MEITY) shall be followed. 18. Spares, Special Tools and Tackles Considering high technology proprietary equipment of the SynCon TSP shall ensure necessary spares are procured to maintain the necessary reliability and availability of SynCon Station. Further all necessary special tools and tackles required for erection, testing, commissioning and maintenance of equipment shall also be taken. 19. Losses 19.1 Calculation of losses The TSP must guarantee total losses of less than 2% of highest reactive power output of SynCon Station at PCC for complete Synchronous Condenser Station, under the following conditions: a) At 40oC ambient temperature for specified Short Circuit Contribution at Point of Common Coupling b) Specified rated frequency & voltage at Point of Common Coupling The TSP shall calculate the total losses of the Synchronous Condenser Unit at each operating point specified below which must meet the guaranteed total losses mentioned above. The calculation of guarantee total losses shall include losses of all the components up to the PCC including losses of the synchronous condenser, flywheel (if applicable), IPB, transformer and the relevant auxiliary systems like pumps, fans, excitation system, building HVAC etc., whether conducting currents or not, based on the above assumptions. The operating points shall be as follows: PFC CONSULTING LIMITED 173RFP for Selection of Bidder as Transmission Service Provider i) Maximum Capacitive Output. ii) Maximum Inductive Output; and iii) Zero MVAr Output. The actual losses shall be measured during SAT. 19.2 Loss measurement Procedure according to IEC 60034-2-2 using the retardation method: Losses will be determined by measurement of partial losses using retardation method according to the ITP and as specified in IEC 60034-2.1, chapter 7.1.1, method 2-1-2C: Summation of separate losses without a full load test. Short circuit test for the determination of the additional load losses to be applied for one type of synchronous machine per plant. 20. Availability and Reliability 20.1 Availability The percentage availability of Synchronous Condenser is defined as follows: 𝑇𝑜𝑡𝑎𝑙 𝑡𝑖𝑚𝑒 𝑆𝑦𝑛𝐶𝑜𝑛 𝑖𝑠 𝑎𝑏𝑙𝑒 𝑡𝑜 𝑃𝑒𝑟𝑓𝑟𝑜𝑚 𝑠𝑝𝑒𝑐𝑖𝑓𝑖𝑒𝑑 𝐷𝑢𝑡𝑦 % 𝐴𝑣𝑎𝑖𝑙𝑎𝑏𝑖𝑙𝑖𝑡𝑦 = 𝑥 100 𝑇𝑜𝑡𝑎𝑙 𝑡𝑖𝑚𝑒 𝑃𝑒𝑟𝑖𝑜𝑑 Synchronous Condenser shall be considered to be available for service only if it is able to perform the whole of the specified duty. Operation with limited control functions or within a limited range of outputs (any parameters i.e. Inertia, Short Circuit MVA and Capacitive and Inductive MVAr) due to a subsystem failure shall be treated as unscheduled servicing downtime. The period basis for availability calculation shall be 12 months (365 days). The total time period during which the SynCon Station is not able to perform the specified duty shall include Planned Outage hours (POH), Maintenance Outage Hours (MOH) and Forced Outage Hours (FOH). Planned Outage (POH = Planned Outage Hours) is the state where the Equipment is unavailable due to Planned Maintenance activities (Scheduled Routine Maintenance, Scheduled Annual and Biennial Maintenance, Small Revisions and Major Revisions) that require the shutdown of the Equipment. Such activities leading to a Planned Outage. Unplanned Outage Unplanned Outage is the state where the Equipment is unavailable but is not in the Planned Outage state. The Unplanned Outage can be due to Forced Outage Hours (FOH = Forced Outage Hours) or due to Maintenance Outage Hours (MOH = Maintenance Outage Hours) Forced Outage is considered as an outage that requires removal of the Equipment from the Available State immediately or within 7 days maximum. Maintenance Outage is considered an outage that does not require immediate removal from the Available State but requires the Equipment to be removed from the Available State before the next Planned Outage. This is scheduled at least 7 days in advance (otherwise it’s classified as FOH). 20.2 Reliability In the assessment of reliability, the following events shall also be considered to constitute a SynCon Station outage: PFC CONSULTING LIMITED 174RFP for Selection of Bidder as Transmission Service Provider i) A SynCon Station shut down. ii) A reduction of SynCon Station capacity (any parameters i.e. Inertia, Short Circuit MVA and Capacitive and Inductive MVAr) due to an outage of any component of SynCon Station The calculated reliability of the complete SynCon Station shall be equal to or exceed the following design target values. Design target for SynCon Max acceptable Guaranteed Station value for SynCon Station Total Number of Forced 3 5 Outages Here definition of Forced Outage shall be considered as same as given in the “20.1 Availability”. The period basis for availability calculation shall be 12 months (365 days). 21. Training on Synchronous Condenser As a part of project, it shall be under the scope of TSP to provide the training regarding design, manufacturing, construction, testing, control & protection aspects of Synchronous Condenser at Manufacturer’s works and training on operation & maintenance at some commissioned Project of the manufacturer for atleast 10 man-months to officials from CEA/CTU/Grid India in addition to its own manpower for the project. PFC CONSULTING LIMITED 175RFP for Selection of Bidder as Transmission Service Provider ANNEXURE-F Contingency Cases for Fatehgarh-II SYNCON A) N-1 Contingency Contingency at 765 kV level 1. Three Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) (fault persist for 100 ms) 2. Single Phase to Ground Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) 3. Three Phase Fault close to 765 kV bus of Bhadla-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) (fault persist for 100 ms) 4. Single Phase to Ground Fault close to 765 kV bus of Bhadla-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) 5. Three Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) (fault persist for 100 ms) 6. Single Phase to Ground Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) 7. Three Phase Fault close to 765 kV bus of Bhadla-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) (fault persist for 100 ms) 8. Single Phase to Ground Fault close to 765 kV bus of Bhadla-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) 9. Three Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla (PG) 765 kV D/c line (fault persist for 100 ms) 10. Single Phase to Ground Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla (PG)765 kV D/c line 11. Three Phase Fault close to 765 kV bus of Bhadla (PG) followed by tripping of one circuit of Fatehgarh-II PS–Bhadla (PG)765 kV D/c line (fault persist for 100 ms) 12. Single Phase to Ground Fault close to 765 kV bus of Bhadla (PG) followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla (PG)765 kV D/c line Contingency at 400 kV level PFC CONSULTING LIMITED 176RFP for Selection of Bidder as Transmission Service Provider 13. Three Phase Fault close to 400 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line (fault persist for 100 ms) 14. Single Phase to Ground Fault close to 400 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line 15. Three Phase Fault close to 400 kV bus of Fatehgarh-III (Sec-1) followed by tripping of one circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line (fault persist for 100 ms) 16. Single Phase to Ground Fault close to 400 kV bus of Fatehgarh-III (Sec-1) followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line 17. Three Phase Fault close to 400 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) (fault persist for 100 ms) 18. Single Phase to Ground Fault close to 400 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) 19. Three Phase Fault close to 400 kV bus of Fatehgarh-I followed by tripping of one circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) (fault persist for 100 ms) 20. Single Phase to Ground Fault close to 400 kV bus of Fatehgarh-I followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) B) N-1-1 Contingency Contingency at 765 kV level 21. Case 1 + Single Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) 22. Case 3 + Single Phase Fault close to 765 kV bus of Bhadla-II followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) 23. Case 5 + Single Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) 24. Case 7 + Single Phase Fault close to 765 kV bus of Bhadla-II followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) 25. Case 9 + Single Phase Fault close to 765 kV bus of Fatehgarh-II PS (Sec-2) followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla (PG) 765 kV D/c line PFC CONSULTING LIMITED 177RFP for Selection of Bidder as Transmission Service Provider 26. Case 11 + Single Phase Fault close to 765 kV bus of Bhadla (PG) followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla (PG) 765 kV D/c line Contingency at 400 kV level 27. Case 13+ Single Phase Fault close to 400 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. 2nd circuit of Fatehgarh-II PS – Fatehgarh-III (Sec-1) 400 kV D/c line 28. Case 15+ Single Phase Fault close to 400 kV bus of Fatehgarh-III (Sec-1) followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. 2nd circuit of Fatehgarh-II PS – Fatehgarh-III (Sec-1) 400 kV D/c line 29. Case 17+ Single Phase Fault close to 400 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. 2nd circuit of Fatehgarh-II PS – Fatehgarh-I 400 kV D/C line (ch. at 765 kV level) 30. Case 19+ Single Phase Fault close to 400 kV bus of Fatehgarh-I PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. 2nd circuit of Fatehgarh-II PS – Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) Contingency at 400 kV and 220 kV level (Generation) 31. Three phase fault close to 220 kV Fatehgarh-II PS bus with Tripping of 500MW generation at 220KV Fatehgarh-II PS bus 32. Three phase fault close to 400 kV Fatehgarh-II PS PS bus, with Tripping of 1000MW generation at 400 kV Fatehgarh-II PS bus 33. Three phase fault close to 400 kV Fatehgarh-I PS PS bus, with Tripping of 1200MW generation at 400 kV Fatehgarh-I PS bus Contingency of STATCOM 34. Outage of one unit of STATCOM (+300MVAr, 2x125MVAr MSC, 1X125MVAr MSR) Note: 1. In the ‘N-1-1’ as stated above, if there is a temporary fault, the system shall not lose the second element after clearing of fault but shall successfully survive the disturbance. 2. In case of permanent fault, the system shall lose the second element as a result of fault clearing and thereafter, shall asymptotically reach to a new steady state without losing synchronism. In this new state, the system parameters (i.e. voltages and line loadings) shall not exceed emergency limits, however, there may be requirement of load shedding / rescheduling of generation so as to bring system parameters within normal limits. 3. All contingency cases to be performed in all study files provided by BPC to respective TSP PFC CONSULTING LIMITED 178RFP for Selection of Bidder as Transmission Service Provider Simulation tests to demonstrate the LVRT & HVRT compliance of other requirements of Syncon Duration of Pre - fault To be done in To be done in Test PCC Target Nature of voltage dip Reactive Power PSCAD PSS/E (Generic & No. Voltage (pu) voltage dip (sec) dispatch (pu) (Generic & UDM) UDM) 1.0 (Under 1 1 No Flat run (60s) Yes Yes excited) 0.1 (Under 2 1 No Flat run (60s) Yes Yes excited) 3 1 No 1.0 (Over excited) Flat run (60s) Yes Yes 4 1 No 0.1 (Over excited) Flat run (60s) Yes Yes LVRT 5 0.85 3.0 Yes Yes 6 0.5 1.65 Balanced Yes Yes 7 0.15 0.3 Three phase Yes Yes 8 0.85 3.0 Yes No 1.0 (Under 9 0.5 1.65 Unbalanced Yes No excited) 10 0.15 0.3 (LL) Yes No 11 0.85 3.0 Yes No 12 0.5 1.65 Unbalanced Yes No 13 0.15 0.3 (LG) Yes No 14 0.85 3.0 Yes Yes 15 0.5 1.65 Balanced Three Yes Yes 16 0.15 0.3 phase Yes Yes 17 0.85 3.0 0.5 (Under Yes No 18 0.5 1.65 excited) Unbalanced Yes No 19 0.15 0.3 (LLG) Yes No 20 0.85 3.0 Yes No 21 0.5 1.65 Unbalanced Yes No 22 0.15 0.3 (LG) Yes No 23 0.85 3.0 Yes Yes 24 0.5 1.65 Balanced Yes Yes 25 0.15 0.3 Three phase Yes Yes 26 0.85 3.0 Yes No 0.25 (Under 27 0.5 1.65 Unbalanced Yes No excited) 28 0.15 0.3 (LLG) Yes No 29 0.85 3.0 Yes No 30 0.5 1.65 Unbalanced Yes No 31 0.15 0.3 (LG) Yes No 32 0.85 3.0 Yes Yes 33 0.5 1.65 Balanced Yes Yes 34 0.15 0.3 Three phase Yes Yes 35 0.85 3.0 Yes No 1.0 (Over excited) 35 0.5 1.65 Unbalanced Yes No 36 0.15 0.3 (LL) Yes No 37 0.85 3.0 Yes No 38 0.5 1.65 Unbalanced Yes No PFC CONSULTING LIMITED 179RFP for Selection of Bidder as Transmission Service Provider Duration of Pre - fault To be done in To be done in Test PCC Target Nature of voltage dip Reactive Power PSCAD PSS/E (Generic & No. Voltage (pu) voltage dip (sec) dispatch (pu) (Generic & UDM) UDM) 39 0.15 0.3 (LG) Yes No 40 0.85 3.0 Yes Yes 41 0.5 1.65 Balanced Three Yes Yes 42 0.15 0.3 phase Yes Yes 43 0.85 3.0 Yes No 0.5 (Over excited) 44 0.5 1.65 Unbalanced Yes No 44 0.15 0.3 (LL) Yes No 45 0.85 3.0 Yes No 46 0.5 1.65 Unbalanced Yes No 47 0.15 0.3 (LG) Yes No 48 0.85 3.0 Yes Yes 49 0.5 1.65 Balanced Yes Yes 50 0.15 0.3 Three phase Yes Yes 51 0.85 3.0 Yes No 0.25 (Over 52 0.5 1.65 Unbalanced Yes No excited) 53 0.15 0.3 (LLG) Yes No 54 0.85 3.0 Yes No 55 0.5 1.65 Unbalanced Yes No 56 0.15 0.3 (LG) Yes No HVRT Duration of Pre - fault Reactive To be done in To be done in Test PCC Target Nature of voltage swell Power dispatch PSCAD PSS/E (Generic & No. Voltage (pu) voltage dip (sec) (pu) (Generic & UDM) UDM) 57 1.5 0.1 Yes Yes Balanced Three 58 1.3 10 Yes Yes phase 59 1.1 Continuous 1.0 Yes Yes 60 1.5 0.1 (Under excited) Yes No 61 1.3 10 Single phase Yes No 62 1.1 Continuous Yes No 63 1.5 0.1 Yes Yes Balanced Three 64 1.3 10 Yes Yes phase 65 1.1 Continuous 0.5 (Over excited) Yes Yes 66 1.5 0.1 Yes No 67 1.3 10 Single phase Yes No 68 1.1 Continuous Yes No 69 1.5 0.1 Yes Yes Balanced Three 70 1.3 10 Yes Yes phase 71 1.1 Continuous 0.25 (Over Yes Yes 72 1.5 0.1 excited) Yes No 73 1.3 10 Single phase Yes No 74 1.1 Continuous Yes No 75 1.5 0.1 Yes Yes Balanced Three 76 1.3 10 Yes Yes 1.0 phase 77 1.1 Continuous Yes Yes (Under excited) 78 1.5 0.1 Yes No Single phase 79 1.3 10 Yes No PFC CONSULTING LIMITED 180RFP for Selection of Bidder as Transmission Service Provider Duration of Pre - fault To be done in To be done in Test PCC Target Nature of voltage dip Reactive Power PSCAD PSS/E (Generic & No. Voltage (pu) voltage dip (sec) dispatch (pu) (Generic & UDM) UDM) 80 1.1 Continuous Yes No 81 1.5 0.1 Yes Yes Balanced Three 82 1.3 10 Yes Yes 0.5 (Under phase 83 1.1 Continuous Yes Yes excited) 84 1.5 0.1 Yes No 85 1.3 10 Single phase Yes No 86 1.1 Continuous Yes No 87 1.5 0.1 Yes Yes Balanced Three 88 1.3 10 Yes Yes phase 89 1.1 Continuous 0.25 Yes Yes 90 1.5 0.1 (Under excited) Yes No 91 1.3 10 Single phase Yes No 92 1.1 Continuous Yes No Effectiveness of PSS Pre - fault PSS (In To be done in To be done in Test Reactive Power Nature of fault service/Wo PSCAD PSS/E (Generic & No. dispatch (pu) service) (Generic & UDM) UDM) 93 1.0 (Under With PSS Yes Yes 94 excited) W/o PSS Yes Yes 3-phase bolted 95 1.0 (Over With PSS Yes Yes 96 excited) W/o PSS Yes Yes Excitation System Limiter Testing Test Target Pre - fault Reactive Power dispatch Description No. Voltage (pu) (pu) 0.1 (Under excited) -5% step of 97 (Within the generator’s capability OEL & UEL models to be considered Vref curve) 0.1 (Over excited) +5% step of 98 (Within the generator’s capability OEL & UEL models to be considered Vref curve) 99. Excitation System Step Response Testing (Open & Close loop) 100. RoCof Testing (ROCOF) up to 4 Hz/second for 0.25 seconds 101. RoCof Testing (ROCOF) up to 3 Hz/second for 1 second 102. Impedance/frequency scan for a frequency range of 0-2500Hz (on SMIB) 103. Oscillation Rejection Test (on SMIB) for 0.1, 0.3, 0.6, 0.9, 1.0,2.0, 3, 4, 8 & 10 Hz PFC CONSULTING LIMITED 181RFP for Selection of Bidder as Transmission Service Provider ANNEXURE - G Frequently Asked Queries: Substation 1.1 We understand that space for storage of O&M spare shall be provided by the existing owner within the station boundary without any cost. Kindly confirm. Reply: Space for storage of O&M spares shall be arranged by TSP on its own. 1.2 We presume that the O&M for the end Termination bays will be in the scope of the TSP and TSP shall not be liable for any payment towards O&M to the existing owner of the substation. Kindly confirm. Reply: Operation and maintenance of the bays is solely the responsibility of the TSP. Further, TSP shall follow CEA’s “Operation and Maintenance (O&M) guidelines and Standard Format for Memorandum of Understanding between New TSP and Existing TSP” issued by CEA vide its letter No. I/28514/2023 dated 22.06.2023. 1.3 With reference to subject scheme of existing sub-station, we assumed following scope of work: (a) We assumed internal road is available and need not to be consider in the present scope of work. (b) Drainage is available and need not to consider in the present scope of work. (c) Cable trench extension adjacent to Main cable trench only under present scope of work. (d) Levelled area being provided by developer for bay extension. Reply: Regarding requirement of internal road, drainage, cable trench, leveling of the bay extension area, bidder is advised to visit site and acquaint themselves with the provisions/facilities available at substation. 1.4 Kindly provide the soil investigation report of soil parameters of existing substation. Reply: Bidder is advised to visit the substation site and ascertain the requisite parameters. 1.5 Kindly confirm, energy accounting of aux. power consumption. Whether it will be on chargeable basis or part of transmission loss. Reply: It will be on a chargeable basis. 1.6 We understand that VMS requirement is for unmanned stations only. For Manned stations VMS is not compulsory. Reply: VMS shall be provided in line with requirements of RfP document. 1.7 It is understood that Construction water and power shall be provided free of cost to TSP by the respective substation owner for construction of new bays. Reply: Arrangement of construction power and water is in the scope of TSP. PFC CONSULTING LIMITED 182RFP for Selection of Bidder as Transmission Service Provider 1.8 It is understood that the existing fire hydrant system shall be extended by the TSP for bay extension. Reply: Existing fire hydrant system shall be extended from existing system (if required) 1.9 Please clarify the Status of land acquisition for new Substations. Whether the lands have been acquired by BPC and will be transferred to TSP. Reply: The acquisition of land for new substation is in the scope of TSP. 1.10 We understood that no any dedicated metering CT and CVT is required for Line/feeders. Further, we understood that requisite Energy meters for various 765kV, 400kV and 220kV Feeders shall be provided and installed by CTU free of cost to TSP. Reply: Dedicated metering CT and CVT are not required for line/feeders. Metering core of existing CT/CVT can be used provided accuracy class matches with metering requirement. Requisite Special Energy Meters shall be provided and installed by CTU at the cost of TSP in C&P panel subject to space availability else, in separate metering panel (to be provided by TSP at its cost). 1.11 A draft copy of the Connection Agreement may be furnished. A draft copy of the Connection Agreement may be furnished. Reply: Web page link https://www.ctuil.in/formats_gna_transition 1.12 Please clarify whether the spare 765 kV single phase Reactor unit for Bus reactor shall be provided with 1ph 765kV CB. Reply: As per RfP, the spare 1-Ph reactor unit shall be utilized for all the bus and switchable line reactor banks (including for future reactor banks). Hence, 1ph 765kV CB shall also be provided with spare 1-Ph reactor for utilizing with bus reactor as well as switchable line reactor. 1.13 It is understood that existing busbar protection has provision for future bays and also PUs are available for future bays. BPC to confirm availability of CU and PU for bays under present scope of work at existing substations. BPC may kindly confirm availability of communication ports for integrating new PUs with the existing CUs at existing substations. Reply: Bus Bar Protection with Central Unit (CU) is required for the new bus section as specified in RfP. Peripheral Units (PUs) shall be provided by the respective bay owner. Further, augmentation/replacement of existing CU, if required, to meet the system requirement shall also be provided for proper functioning of bus bar protection. 1.14 For SCADA, it is understood that necessary process I/O shall be available for future bays and accordingly license for same. BPC to confirm. Reply: Necessary process I/O along with license shall be in the scope of the successful bidder. 1.15 No separate FF system is envisaged under the present scope of work for existing substation. BPC to confirm. Reply: Existing fire-fighting systems shall be extended to meet the additional requirements under present scope. PFC CONSULTING LIMITED 183RFP for Selection of Bidder as Transmission Service Provider 1.16 PLCC for 220 kV Lines are not under the scope of TSP. BPC to Confirm.It is requested to provide Type of Coupling for 220 kV Transmission Lines under present scope. Reply: PLCC for 220 kV line is in the scope of developer of the line. Inter circuit coupling for 220 kV D/C and phase to phase coupling for 220kV S/C shall be applicable for PLCC. 1.17 BPC is requested to confirm the availability of space in the existing control rooms at existing substation for execution of extension work under current project. Reply: Switchyard Panel Rooms are generally required for AIS type substation and relay room are required for GIS type substation. Further, if needed, the control room shall be augmented as per requirement. Planning: 2.1 Whether the Project/ Elements are eligible for early commissioning incentive as per MoP, GoI order dated 15.07.2015.? Reply: Commissioning is to be done as per the timeline mentioned in RfP. However, early commissioning shall be treated as per applicable CERC Regulations/orders. PFC CONSULTING LIMITED 184Draft Share Purchase Agreement Dated _________________ [Insert date of the Agreement] SHARE PURCHASE AGREEMENT BETWEEN PFC CONSULTING LIMITED AND SPV [which is under incorporation] AND _____________ [INSERT NAME OF THE SELECTED BIDDER] 1Draft Share Purchase Agreement SHARE PURCHASE AGREEMENT This SHARE PURCHASE AGREEMENT (‘Agreement’) made this ________________ [Insert Date of the Agreement] at New Delhi by and between: PFC CONSULTING LIMITED (a wholly owned subsidiary of Power Finance Corporation Ltd.), a company incorporated under the Companies Act, 1956, having its registered office at First Floor, "Urjanidhi",1 Barakhamba Lane, Connaught Place, New Delhi 110001, (hereinafter referred to as “PFCCL”, which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors and permitted assigns) of the FIRST PART; AND SPV [which is under incorporation], a company incorporated under the Companies Act, 2013, having its registered office at First Floor, "Urjanidhi", 1 Barakhamba Lane, Connaught Place, New Delhi 110001, (hereinafter referred to as “Company” which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include its successors and permitted assigns) of the SECOND PART; AND ____________________ [Insert Name of the Selected Bidder], a company incorporated under the Companies Act, 1956 having its registered office at _______________________ [Insert the registered office address of the Selected Bidder] (hereinafter referred to as “Selected Bidder” which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include its successors and permitted assigns) of the THIRD PART. Note: [In case the Selected Bidder is a Bidding Consortium, the above immediate paragraph shall be replaced by the following: ……………………………. [Insert Name of the Lead Member], a company incorporated under the Companies Act, 1956 and having its registered office at ……………………. [Insert the registered office address of Lead Member], ……………………………. [Insert Name of the Member], a company incorporated under the Companies Act, 1956 and having its registered office at ……………………. [Insert the registered office address of Member], …………………………. [Insert Name of the Member], a company incorporated under the Companies Act, 1956 and having its registered office at ……………………. [Insert the registered office address of Member ], (hereinafter individually referred to as “Partner 1” “Partner 2” and “Partner 3” respectively and collectively referred to as “ Selected Bidder” which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include its successors and permitted assigns) of the THIRD PART WHEREAS: A. The Government of India, Ministry of Power, vide its gazette notification no CG-DL-E- 04112025-267371 dated 03.11.2025 has notified PFC Consulting Limited (PFCCL) to be the Bid Process Coordinator (BPC) for the purpose of selection of Bidder as Transmission Service Provider (TSP) to establish Inter-State transmission system for “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding process (hereinafter referred to as the “Project”) B. In accordance with the Bidding Guidelines, PFCCL had initiated a Bid Process through issuance of RFP documents for selecting a Successful Bidder to build, own, operate and 1Draft Share Purchase Agreement transfer the Project in accordance with and on the terms and conditions mentioned in the RFP Project Documents (as defined hereinafter). C. PFCCL has incorporated the Company and PFCCL along with the Nominees hold One hundred per cent (100 %) of total issued and paid up equity share capital of the Company. D. PFCCL has initiated the development of the Project and has obtained survey report, certain clearances, consents and permits as specified in the RFP regarding the Project. E. Pursuant to the said Bid Process, ______________________ [Insert Name of the Selected Bidder] has been identified as the Selected Bidder vide Letter of Intent dated _________________ [Insert Date of the Letter of Intent] issued by the PFCCL in favor of the Selected Bidder. F. As envisaged in the RFP, the Shares Seller (as defined hereinafter) has agreed to sell the Sale Shares (as defined hereinafter) to the Selected Bidder and the Selected Bidder has agreed to purchase the Sale Shares from the Shares Seller, subject to and on the terms and conditions set forth in this Agreement. NOW THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND AGREEMENTS SET FORTH IN THIS AGREEMENT AND FOR OTHER GOOD AND VALUABLE CONSIDERATION, THE PARTIES HEREBY AGREE AS FOLLOWS: 1. DEFINITIONS 1.1 Capitalised terms in this Agreement, unless defined in this Agreement shall, in so far as the context admits, have the same meaning in this Agreement as has been ascribed to them in the Transmission Service Agreement. 1.2 Additionally, the following terms shall have the meaning hereinafter respectively assigned to them herein below: (i) “Acquisition Price” shall mean INR ______________________ (Rupees ___________________________ only) [Insert the value of the Acquisition Price, both in figures and in words respectively], which is the aggregate consideration payable by the Selected Bidder towards purchase of the Sale Shares at par along with assets and liabilities of the Company as on the Closing Date subject to adjustment as per the audited accounts of the Company as on the Closing Date; (ii) “Agreement” or “the Agreement” or “this Agreement” shall mean this Share Purchase Agreement and shall include the recitals and/or annexures attached hereto, and the contracts, certificates, disclosures and other documents to be executed and delivered pursuant hereto, if any, and any amendments made to this Agreement by Parties in writing; (iii) “Bid Process” shall mean the competitive bidding process initiated by the Company, by issuance of RFP Documents for selecting a Successful Bidder to build, own, operate and transfer the Project in accordance with and on the terms and conditions mentioned in the RFP Project Documents; (iv) “Board” shall mean the board of directors of the Company 2Draft Share Purchase Agreement (v) “Closing Date” shall mean a mutually agreed date between the Parties falling within the period as mentioned in Clause 2.4 of RFP or on failure of such mutual agreement between the Parties shall be the date falling on the last date of such period; (vi) “CTU” or “Central Transmission Utility of India Limited” shall have same meaning as defined in the Electricity Act, 2003; (vii) “Encumbrance” shall mean any mortgage, pledge, lien, charge, security assignment, hypothecation, trust, encumbrance or any other agreement having the effect of creating security interest; (viii) “Letter of Intent” shall have the meaning ascribed thereto under the RFP; (ix) “Nominees” shall mean the Persons, who are named in Annexure A, holding the Sale Shares as nominees of PFCCL. (x) “Party” shall mean PFCCL, Company and the Selected Bidder, referred to individually, and “Parties” shall mean PFCCL, Company and the Selected Bidder collectively referred to, as relevant; (xi) “Person” shall include an individual, an association, a corporation, a partnership, a joint venture, a trust, an unincorporated organisation, a joint stock company or other entity or organisation, including a government or political subdivision, or an agency or instrumentality thereof, and/or any other legal entity; (xii) “RfP Project Documents” shall mean the following documents, referred to collectively: a) Transmission Services Agreement; b) this Agreement; and c) Any other agreement(s) as may be required. (xiii) “Representations and Warranties” shall mean the representations and warranties mentioned in Clause 3 hereto; (xiv) “Sale Shares” shall mean ___________[Insert total number of shares of the Company] Shares, representing 100 percent of the total issued, subscribed and fully paid-up equity share capital of the Company held by the Shares Seller and Nominees as more particularly described in Annexure A attached hereto; (xv) “Shares” shall mean the fully paid-up equity shares of Company, of face value Rs. 10 each; (xvi) “Shares Seller” shall mean PFCCL; (xvii) “Transmission Services Agreement” or “TSA” means the agreement titled ‘Transmission Services Agreement’ dated _______________ [Insert Date of the TSA] entered into between Central Transmission Utility of India Limited and the TSP pursuant to which the TSP shall build, own, operate and transfer the Project and make available the assets of the Project to Central Transmission Utility of India Limited on a commercial basis, as may be amended from time to time; 3Draft Share Purchase Agreement (xviii) Transmission Service Provider” or “TSP” shall mean SPV [which is under incorporation] which has executed the Transmission Service Agreement and which shall be acquired by the Selected Bidder. 1.3 Interpretation Clause Unless the context otherwise requires, the provisions of the TSA relating to the interpretation of the TSA shall apply to this Agreement as if they were set out in full in this Agreement and to this end are incorporated herein by reference. 1. TRANSFER OF SHARES 2.1 Subject to the terms and conditions of this Agreement, the Shares Seller agrees to sell and transfer to the Selected Bidder and the Selected Bidder hereby agrees to purchase from the Shares Seller, the Sale Shares of the Company free from Encumbrances with rights and benefits attached thereto in consideration of the Acquisition Price and the covenants, undertakings and the agreements of the Selected Bidder contained in this Agreement. 2.2 The Shares Seller hereby undertakes to cause the Nominees to transfer part of the Sale Shares held by them as Nominees of the Shares Seller to the Selected Bidder and execute any documents required to deliver good title to the Sale Shares to the Selected Bidder. 2. CLOSING 3.1 Prior to the Closing Date, the Selected Bidder shall provide to the Shares Seller, valid share transfer forms (“Share Transfer Forms”) duly stamped with requisite amount of stamp duty payable on the transfer of Sale Shares. 3.2 On the Closing Date, the Shares Seller shall hand over to the Selected Bidder or its authorised representative, the original share certificates representing the Sale Shares (“Sale Share Certificates”) along with the Share Transfer Forms duly executed by the Shares Seller and the Nominees in favour of the Selected Bidder, simultaneously against the Selected Bidder handing over to the Shares Seller demand drafts drawn in favour of the Shares Seller for the Acquisition Price payable to it. Provided that prior to the handing over of the Sale Share Certificates to the Selected Bidder as mentioned above, the Selected Bidder shall provide satisfactory evidence to PFCCL that on or before the Closing Date, the Selected Bidder has furnished the Performance Bank Guarantee to Central Transmission Utility of India Limitedand is in a position to comply with all other requirements of Clause 2.4 of the RFP. 3.3 The Selected Bidder shall immediately upon receiving the Sale Share Certificates and the Share Transfer Forms, duly execute the Share Transfer Forms and duly lodge the Share Transfer Forms and the Sale Share Certificates with the Company. The Selected Bidder may also propose the names of its nominees to be appointed on the Board of the Company and the address within the jurisdiction of the Registrar of Delhi and Haryana, which would be the new registered office of the Company. The Company shall, upon receipt of the said documents from the Selected Bidder, do the following: 4Draft Share Purchase Agreement (i) Immediately on the Closing Date convene a meeting of the Board, wherein the Board shall pass the following necessary resolutions: (a) approving the transfer of the Shares constituting the Sale Shares from the Shares Seller and the Nominees to the name of the _____________________ [Insert Name of the Selected Bidder/respective member companies of the Selected Bidder]; (b) approving the _____________________ [Insert Name of the Selected Bidder/respective member companies of the Selected Bidder] as a member of the Company and entering the name of the _____________________ [Insert Name of the Selected Bidder/respective member companies of the Selected Bidder] and its nominees in the register of members. (c) changing the address of the registered office of the Company to the new address, within the jurisdiction of the Registrar of Delhi and Haryana, as may be provided by the Selected Bidder. (d) appointing the nominees of the Selected Bidder on the Board and accepting the resignations of the other existing Directors on the Board and the Chair of the meeting which was taken by one of the existing Directors shall be vacated and appointment of a new Chairman who shall be one of the newly appointed Director, for the rest of the meeting. Immediately pursuant to the acceptance of resignation of the existing Directors and appointment of new Chairman, the newly constituted Board of Directors shall continue with the meeting and pass the following resolution: (e) terminating all the authorizations granted regarding the business and/or operations of the Company or the operations of the bank accounts of the Company, with prospective effect; and (f) acknowledging and accepting the terms and conditions as contained in the executed copies of the RFP Project Documents and to abide by the provisions contained therein. (ii) Enter the name of the _____________________ [Insert Name of the Selected Bidder/respective member companies of the Selected Bidder] and its nominees as the legal and beneficial owner of the Sale Shares, free of all Encumbrances, in the register of members of the Company; (iii) Make the necessary endorsements on the Sale Share Certificates, indicating the name of the _____________________ [Insert Name of the Selected Bidder/respective member companies of the Selected Bidder] and its nominees as the legal and beneficial owner of the Sale Shares evidenced there under; (iv) Return the original Sale Share Certificates, duly endorsed in the name of the _____________________ [Insert Name of the Selected Bidder/respective member companies of the Selected Bidder] and its nominees, to the 5Draft Share Purchase Agreement _____________________ [Insert Name of the Selected Bidder/respective member companies of the Selected Bidder] and its nominees, as the case may be or its authorised representative; (v) Handover all the statutory registers and records, if any, of the Company to the Selected Bidder. (vi) Handover certified true copies of the Board resolution passed by the Company as per (i)(a) to (i)(e) of Clause 3.3 (i) to Central Transmission Utility of India Limited. 3.4 The Parties to this Agreement agree to take all measures that may be required to ensure that all the events contemplated in the Clauses 3.1 to 3.3 above on the Closing Date are completed on the same day. Notwithstanding the provisions of Clause 3.3 hereto, all proceedings to be taken and all documents to be executed and delivered by the Parties at the Closing Date shall be deemed to have been taken and executed simultaneously and no proceedings shall be deemed to have been taken nor documents executed or delivered until all have been taken, executed and delivered. 3.5 The Selected Bidder hereby acknowledges and agrees that after the date of acquisition of one hundred percent (100%) of the equity shareholding of the Company, by the Selected Bidder as per Clause 3.3, (a) the authority, rights and obligations of the PFCCL/Company in respect of the Bid Process shall forthwith cease and any actions to be taken thereafter regarding the Bid Process will be undertaken by Central Transmission Utility of India Limited themselves or through their any other authorized representative(s), (b) all rights and obligations of the PFCCL/Company shall be of the Selected Bidder and (d) any decisions taken by the PFCCL/Company prior to the date of its acquisition by the Selected Bidder shall continue to be binding on the Selected Bidder. The Parties hereby agree that this provision shall survive the termination of this Agreement. 3.6 This agreement shall be effective from the date of its signing by the Parties and shall remain in force until all the obligations of the respective Parties under Clause 3.3 hereto are fulfilled. 3. REPRESENTATIONS AND WARRANTIES 4.1 The Selected Bidder hereby represents and warrants to the Shares Seller that: 4.1.1 The Selected Bidder has full legal right, power and authority to enter into, execute and deliver this Agreement and to perform the obligations, undertakings and transactions set forth herein, and this Agreement has been duly and validly executed and delivered by the Selected Bidder and constitutes its legal, valid and binding obligations, enforceable against it in accordance with its terms; 4.1.2 The execution, delivery and performance of this Agreement by the Selected Bidder will not violate or contravene any provision of the Memorandum of Association or Articles of the Selected Bidder, (ii) will not violate or contravene any law, statute, rule, regulation, licensing requirement, order, writ, injunction 6Draft Share Purchase Agreement or decree of any court, governmental instrumentality or other regulatory, governmental or public body, agency or authority by which the Selected Bidder are bound or by which any of its and/or their properties or assets are bound, and (iii) except to the extent that the same have been duly and properly completed or obtained, will not require any filing with, or permit, consent or approval of or license from, or the giving of any notice to, any court, governmental instrumentality or other regulatory, governmental or public body, agency or authority, joint venture party, or any other entity or person whatsoever; and 4.1.3 The Selected Bidder is not restricted in any manner whatsoever, including without limitation, on account of any judicial or governmental order, action or proceeding, or any contractual obligation assumed by the Selected Bidder, from purchasing the Sale Shares from the Shares Seller in the manner provided for in this Agreement. 4.2 The Shares Seller hereby represents and warrants to the Selected Bidder that; 4.2.1 The Shares Seller and the Nominees are the legal and beneficial owners of the Sale Shares, free and clear of any Encumbrance and the delivery to the Selected Bidder of the Sale Shares pursuant to the provisions of this Agreement will transfer to the Selected Bidder a good title to the Sale Shares. 4.2.2 The Shares Seller has full legal right, power and authority to enter into, execute and deliver this Agreement and to perform the obligations, undertakings and transactions set forth herein. The execution, delivery and performance of this Agreement will not violate the Memorandum and Articles of Association of the Shares Seller or contravene any contract by which it is bound. 4.2.3 The Shares Seller has obtained requisite authorizations to sell and transfer the Sale Shares to the Selected Bidder. The Shares Seller also represent that it is not prevented from transferring and selling the Sale Shares. Also, to the best of its knowledge, the Sale Shares are not the subject matter of any claim or pending proceeding or threatened by any legal proceeding made by any third party. 4.3 Except as specified in Clause 4.2, above the Shares Seller shall not be deemed to have, made any representation or warranty whatsoever, whether express or implied, in relation to the Sale Shares or Company, including but not limited to any implied warranty or representation as to the business or affairs of the Company. 4.4 The Representations and Warranties are given as at the date of this Agreement except that where a Representation and Warranty is expressed to be made as at another date, the Representation and Warranty is given with respect to that date only. 4.5 Each Representation and Warranty is to be construed independently of the others and is not limited by reference to any other Warranty. The Representations, Warranties and undertakings contained in this Clause 3 hereto or in any document delivered pursuant to or in connection with this Agreement are continuing in nature and shall survive the Closing Date for one (1) year. 7Draft Share Purchase Agreement 4.6 The Parties represent to each other that all Representations and Warranties provided herein by the respective Party shall be true as of Closing Date. 4. OBLIGATIONS OF THE SELECTED BIDDER The Selected Bidder agrees that the Shares Seller shall not be liable in any manner, nor shall it assume any responsibility or liability whatsoever, in respect of the business of the Company and its operations or activities, arising after Closing Date, to any Person or any authority, central, state, local or municipal or otherwise and the same shall be the sole responsibility of the Selected Bidder. 5. MISCELLANEOUS 6.1 NOTICES a) All notices to be given under this Agreement shall be in writing and in the English language. b) All notices must be delivered personally or by registered or speed post or by recognised courier to the addresses below: Selected Bidder _____________________________ [Insert details of the (Lead Member in address for correspondence of the Selected Bidder] case of Consortium) Name of the [Insert details of the address for correspondence of the holding Holding Company of the SPV] Company of the SPV Company (Before _____________________________ [Insert details of the Closing Date) address for correspondence of the SPV] Company (After _____________________________ [Insert details of the Closing Date) address for correspondence of the Selected Bidder] c) Any Party may by notice of at least fifteen (15) days to the other Parties change the address and / or addresses to which such notices and communications to it are to be delivered or mailed. 6.2 RESOLUTION OF DISPUTES 6.2.1 If any dispute arises between the Parties, in connection with the validity, interpretation, implementation or alleged breach of any provision of this Agreement (“Dispute”), the disputing Parties hereto shall endeavour to settle such Dispute amicably. The attempt to bring about an amicable settlement shall be considered to have failed if not resolved within 60 days from the date of the Dispute. 6.2.2 If the Parties are unable to amicably settle the Dispute in accordance with Clause 6.2.1 within the period specified therein, any of the Parties shall be entitled to within 30 days after expiry of the aforesaid period, refer the Dispute to the Company Secretary of PFCCL and Chief Executive/ Managing Director of the Selected Bidder for resolution of the said Dispute. The attempt to bring about such 8Draft Share Purchase Agreement resolution shall be considered to have failed if not resolved within 30 days from the date of receipt of a written notification in this regard. 6.2.3 In the event the Dispute is not settled in accordance with Clause 6.2.2 above, any Party to the Dispute shall be entitled to serve a notice invoking this Clause and making a reference to a sole arbitrator. If the Parties to the Dispute cannot agree as to the appointment of the sole arbitrator within 30 days of receipt of the notice of the Party making the reference, then the Shares Seller along with the Company shall appoint one arbitrator and the Selected Bidder shall appoint one arbitrator and the two arbitrators, so appointed shall appoint a third arbitrator. However, after the Closing Date, in such an event the Shares Seller shall appoint one arbitrator and the Selected Bidder along with the Company shall appoint one arbitrator and the two arbitrators, so appointed shall appoint the third arbitrator. 6.2.4 The place of the arbitration shall be New Delhi. The Arbitration proceedings shall be governed by the Arbitration and Conciliation Act, 1996. 6.2.5 The proceedings of arbitration shall be in English language. 6.2.6 The arbitrator’s award shall be substantiated in writing. The arbitrators shall also decide on the costs of the arbitration proceedings. In case the arbitrators have not decided on the costs of the arbitration proceedings, each Party to the Dispute shall bear its own costs, in relation to the arbitration proceedings. 6.3 AUTHORISED PERSON For the purposes of this Agreement, the Selected Bidder is represented by __________________ [Insert Name of the authorized representative of the Selected Bidder/ Lead Member, in case of Consortium], pursuant to an authorization granted to __________________ [Insert Name of the authorized representative of the Selected Bidder/Lead Member, in case of Consortium] through necessary Board resolutions. Further, __________________ [Insert Name of the authorized representative of the Selected Bidder/Lead Member, in case of Consortium] is also authorized by such resolutions to take any decision which may be required to be taken, do all acts and execute all documents which are or may be required by the Selected Bidder for the proper and effective fulfillment of the rights and obligations under this Agreement. Any action taken or document executed by __________________ [Insert Name of the authorized representative of the Selected Bidder/Lead Member, in case of Consortium] shall be deemed to be acts done or documents executed by the Selected Bidder and shall be binding on the Selected Bidder. 6.4 RESERVATION OF RIGHTS No forbearance, indulgence or relaxation or inaction by any Party at any time to require performance of any of the provisions of this Agreement shall in any way affect, diminish or prejudice the right of such Party to require performance of that provision, and any waiver or acquiescence by any Party of any breach of any of the provisions of this Agreement shall not be construed as a waiver or acquiescence of any continuing or succeeding breach of such provisions, a waiver of any right under or arising out of this Agreement or acquiescence to or recognition of rights other than that expressly stipulated in this Agreement. 9Draft Share Purchase Agreement 6.5 CUMULATIVE RIGHTS All remedies of either Party under this Agreement whether provided herein or conferred by statute, civil law, common law, custom or trade usage, are cumulative and not alternative and may be enforced successively or concurrently. 6.6 PARTIAL INVALIDITY If any provision of this Agreement or the application thereof to any person or circumstance shall be invalid or unenforceable to any extent, the remainder of this Agreement and the application of such provision to persons or circumstances other than those as to which it is held invalid or unenforceable shall not be affected thereby, and each provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law. Any invalid or unenforceable provision of this Agreement shall be replaced with a provision, which is valid and enforceable and most nearly reflects the original intent of the unenforceable provision. 6.7 TERMINATION If (i) the Closing does not occur on the Closing Date for any reason whatsoever, or (ii) the Letter of Intent is withdrawn or terminated for any reason, or (iii) due to termination of the TSA by Central Transmission Utility of India Limited in accordance with Article 3.3.2 or Article 13 of the TSA thereof, PFCCL shall have a right to terminate this Agreement forthwith by giving a written notice to the other Parties hereto. 6.8 AMENDMENTS No modification or amendment of this Agreement and no waiver of any of the terms or conditions hereof shall be valid or binding unless made in writing and duly executed by all the Parties. 6.9 ASSIGNMENT This Agreement and the rights and liabilities hereunder shall bind and inure to the benefit of the respective successors of the Parties hereto, but no Party hereto shall assign or transfer its rights and liabilities hereunder to any other Person without the prior written consent of the other Parties, which will not be unreasonably withheld. 6.10 ENTIRE AGREEMENT This Agreement constitutes the entire Agreement between the Parties with respect to the subject matter herein and supersedes and cancels any prior oral or written agreement, representation, understanding, arrangement, communication or expression of intent relating to the subject matter of this Agreement. 6.11 COSTS Each of the Parties hereto shall pay their own costs and expenses relating to the negotiation, preparation and execution of this Agreement and the transactions contemplated by this Agreement. 10Draft Share Purchase Agreement The Selected Bidder shall be liable to bear and pay the stamp duty and other costs in respect of this Agreement and the Share Transfer Forms. 6.12 RELATIONSHIP None of the provisions of this Agreement shall be deemed to constitute a partnership between the Parties hereto and no Party shall have any authority to bind the other Party otherwise than under this Agreement or shall be deemed to be the agent of the other in any way. 6.13 GOVERNING LAW AND JURISDICTION This Agreement shall be governed by and construed in accordance with the laws of India and shall be subject to the exclusive jurisdiction of the courts of Delhi. 6.14 COUNTERPARTS This Agreement may be executed in counterparts by the Parties and each fully executed counterpart shall be deemed to be original. 6.15 CONFIDENTIALITY The Parties undertake to hold in confidence and not to disclose the terms and conditions of the transaction contemplated hereby to third parties, except: (a) to their professional advisors; (b) to their officers, employees, agents or representatives, who need to have access to such information for the proper performance of their activities; (c) disclosures required under Law; without the prior written consent of the other Parties. Provided that Central Transmission Utility of India Limitedand PFCCL may at any time, disclose the terms and conditions of transactions contemplated hereby to any person, to the extent stipulated under the law or the Bidding Guidelines. 6.16 INDEMNIFICATION  The Parties hereby agree that transfer of Sale Shares to the Selected Bidder shall vest all the rights, privileges, licenses, responsibilities, liabilities and other obligations pertaining to the Company in the Selected Bidder.  The Selected Bidder hereby agrees that the Selected Bidder shall not be entitled to any claims or initiate any legal proceedings, by itself or through the Transmission Service Provider against the Share Sellers, its directors, officers, employees and the subscribers including the members of any committees appointed by them in respect of any actions or decisions taken by any of them up to the Closing Date in furtherance of the Project referred to in recital A of this Agreement. 11Draft Share Purchase Agreement  Further, the Selected Bidder hereby indemnifies and holds harmless at all times the Share Seller against all losses, damages, charges, and expenses which the Share Seller may sustain or incur towards contractual obligations with respect to the contracts awarded by the Share Seller or any other liability arising with regard to any action/ activity undertaken by the Share Seller for and on behalf of the Company in furtherance of the Project referred to above or otherwise concerning the Company. All such actions shall be defended by the Selected Bidder either itself or through the TSP at its own cost.  The Parties hereby agree that the provisions of this clause shall survive the termination of this Agreement. IN WITNESS WHEREOF, THE PARTIES HERETO HAVE CAUSED THIS AGREEMENT TO BE DULY EXECUTED AND DELIVERED AS OF THE DAY AND YEAR FIRST ABOVE WRITTEN SIGNED AND DELIVERED BY THE WITHIN NAMED "PFCCL” PFC Consulting Limited BY THE HAND OF ___________________ [Insert Name, Signature and Designation of the Authorized Signatory] PURSUANT TO THE RESOLUTION PASSED BY THE BOARDOF DIRECTORS ON _____________________ [Insert Date of the Board Resolution] ON THE ________ DAY OF ________, ______ [Insert the date of the signing of this Agreement in Day, Month and Year respectively]. IN THE PRESENCE OF: WITNESS: NAME, SIGNATURE, DESIGNATION AND ADDRESS: SIGNED AND DELIVERED BY THE WITHIN NAMED "Company” ______________________________ [Insert Name and designation of the SPV] BY THE HAND OF ___________________ [Insert Name, Signature and Designation of the Authorized Signatory of the Company] PURSUANT TO THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS ON _____________________ [Insert Date of the Board Resolution] ON THE ________ DAY OF ________, ______ [Insert the date of the signing of this Agreement in Day, Month and Year respectively]. IN THE PRESENCE OF: WITNESS: NAME, SIGNATURE, DESIGNATION AND ADDRESS: SIGNED AND DELIVERED 12Draft Share Purchase Agreement BY THE WITHIN NAMED "Selected Bidder” ______________________________ [Insert Name and designation of the Selected Bidder] BY THE HAND OF ___________________________ [Insert Name, Signature and Designation of the Authorized Signatory of the Selected Bidder] PURSUANT TO THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS ON _____________________ [Insert Date of the Board Resolution] ON THE ________ DAY OF ________, ______ [Insert the date of the signing of this Agreement in Day, Month and Year respectively]. IN THE PRESENCE OF: WITNESS: NAME, SIGNATURE, DESIGNATION AND ADDRESS: OR (In case the Selected Bidder is a Bidding Consortium) SIGNED AND DELIVERED BY THE WITHIN NAMED "Partner 1” ______________________________ [Insert Name and designation of Partner 1] BY THE HAND OF ___________________________ [Insert Name, Signature and Designation of the Authorized Signatory of the Partner 1] PURSUANT TO THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS ON _____________________ [Insert Date of the Board Resolution] ON THE ________ DAY OF ________, ______ [Insert the date of the signing of this Agreement in Day, Month and Year respectively]. IN THE PRESENCE OF: WITNESS: NAME, SIGNATURE, DESIGNATION AND ADDRESS: SIGNED AND DELIVERED BY THE WITHIN NAMED "Partner 2” ______________________________ [Insert Name and designation of Partner 2] BY THE HAND OF ___________________________ [Insert Name, Signature and Designation of the Authorized Signatory of the Partner 1] PURSUANT TO THE RESOLUTION PASSED BY THE BOARD 13Draft Share Purchase Agreement OF DIRECTORS ON _____________________ [Insert Date of the Board Resolution] ON THE ________ DAY OF ________, ______ [Insert the date of the signing of this Agreement in Day, Month and Year respectively]. IN THE PRESENCE OF: WITNESS: NAME, SIGNATURE, DESIGNATION AND ADDRESS: SIGNED AND DELIVERED BY THE WITHIN NAMED "Partner 3” ______________________________ [Insert Name and designation of Partner 3] BY THE HAND OF ___________________________ [Insert Name, Signature and Designation of the Authorized Signatory of the Partner 1] PURSUANT TO THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS ON _____________________ [Insert Date of the Board Resolution] ON THE ________ DAY OF ________, ______ [Insert the date of the signing of this Agreement in Day, Month and Year respectively]. IN THE PRESENCE OF: WITNESS: NAME, SIGNATURE, DESIGNATION AND ADDRESS: 14Draft Share Purchase Agreement ANNEXURE A DESCRIPTION OF THE SALE SHARES S. NO. NAME OF THE SHAREHOLDER NUMBER OF PERCENTAGE OF EQUITY SHARES THE TOTAL PAID UP HELD EQUITY CAPITAL 1. PFC Consulting Limited % 2. [Insert Name of Nominee] % 3. [Insert Name of Nominee] % 4. [Insert Name of Nominee] % 5. [Insert Name of Nominee] % 6. [Insert Name of Nominee] % 7. [Insert Name of Nominee] % 8 [Insert Name of Nominee] % Total 100% 15TRANSMISSION SERVICE AGREEMENT FOR DEVELOPMENT AND OPERATION OF INTER-STATE TRANSMISSION SYSTEM FOR TRANSMISSION OF ELECTRICITY THROUGH TARIFF BASED COMPETITIVE BIDDING FOR INSTALLATION OF 2 NOS. OF SYNCHRONOUS CONDENSERS (SYNCON) UNITS AT 765/400/220KV FATEHGARH-II PS BETWEEN CENTRAL TRANSMISSION UTILITY OF INDIA LIMITED (NODAL AGENCY) AND SPV (UNDER INCORPORATION) _________, 2026Transmission Service Agreement CONTENTS 1 Definitions and Interpretations ............................................................. 5 2 Effectiveness and Term of Agreement ................................................ 18 3 Conditions Subsequent ........................................................................ 20 4 Development of the Project ................................................................ 24 5 Construction of the Project .................................................................. 28 6 Connection and commissioning of the Project .................................... 33 7 Operation and Maintenance of the Project ......................................... 38 8 Availability of the project ..................................................................... 39 9 Insurances ............................................................................................ 40 10 Billing And Payment of Transmission Charges ..................................... 42 11 Force Majeure ...................................................................................... 43 12 Change in Law ...................................................................................... 47 13 Events of Default and Termination ...................................................... 47 14 Liability and Indemnification ............................................................... 54 15 Assignments and Charges .................................................................... 57 16 Governing Law and Dispute Resolution ............................................... 61 17 Representation and Warranties .......................................................... 63 18 Independent Engineer ......................................................................... 65 19 Miscellaneous Provisions ..................................................................... 67 SPV (UNDER INCOPORATION) 2 ___, 2026Transmission Service Agreement THIS TRANSMISISON SERVICE AGREEMENT (hereinafter referred to as “TSA” or “Agreement” or "the Agreement” or “this Agreement") is made on the ………… [Insert day] of…………. [Insert month] of Two Thousand and………… [Insert Year] BETWEEN: The Central Transmission Utility of India Limited, "Saudamini",1st Floor, Plot No. 2, Sector-29, Gurugram-122001, Haryana acting as a Nodal Agency (referred to as the “Nodal Agency”), which expression shall unless repugnant to the context or meaning thereof include its successors, and permitted assigns) as Party of the one part; AND SPV (UNDER INCORPORATION) incorporated under the Companies Act, 1956/ Companies Act, 2013 (as the case may be), having its registered office at __________________________________________________ (herein after referred to as “Transmission Service Provider” or “TSP” or “ISTS Licensee”, which expression shall unless repugnant to the context or meaning thereof include its successors, and permitted assigns) as Party of the other part; (“Nodal Agency” and “TSP” are individually referred to as “Party” and collectively as the “Parties”) AND WHEREAS: A) In accordance with the Bidding Guidelines, the Bid Process Coordinator (hereinafter referred to as BPC) had initiated a competitive e-reverse bidding process through issue of RFP for selecting a Successful Bidder to build, own, operate and transfer the Project comprising of the Elements mentioned in Schedule 1 (hereinafter referred to as the Project) B) Pursuant to the said e-reverse bidding process, the BPC has identified the Successful Bidder, who will be responsible to set up the Project on build, own, operate and transfer basis to provide Transmission Service in accordance with the terms of this Agreement and the Transmission License. C) The Selected Bidder have submitted the Contract Performance Guarantee and acquired one hundred percent (100%) of the equity shareholding of SPV (UNDER INCORPORATION), along with all its related assets and liabilities in terms of the provisions of the Share Purchase Agreement. D) The TSP has agreed to make an application for a Transmission License to the Commission for setting up the Project on build, own, operate and transfer basis. E) The TSP has further agreed to make an application to the Commission for the adoption of the Transmission Charges under Section 63 of the Electricity Act, 2003, SPV UNDER INCORPORATION 3 |___, 2026Transmission Service Agreement along with a certification from the Bid Evaluation Committee in accordance with the Bidding Guidelines issued by Ministry of Power, Government of India. F) The TSP has agreed to execute the agreement(s) required, if any, under Sharing Regulations within fifteen (15) days from the date of grant of Transmission License from the Commission. G) The TSP agrees to the terms and conditions laid down under Sharing Regulations, for making available the ISTS and charge the Transmission Charges in accordance with the terms and conditions of Sharing Regulations. H) The billing, collection and disbursement of the Transmission Charges by the CTU to the ISTS Licensee shall be governed as per Sharing Regulations. I) The terms and conditions stipulated in the Transmission License issued by the Commission to the TSP shall be applicable to this Agreement and the TSP agrees to comply with these terms and conditions. In case of inconsistency between the Transmission License terms & conditions and the conditions of this Agreement, the conditions stipulated in the Transmission License granted by the Commission shall prevail. NOW, THEREFORE, IN CONSIDERATION OF THE PREMISES AND MUTUAL AGREEMENTS, COVENANTS AND CONDITIONS SET FORTH HEREIN, IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: SPV (UNDER INCOPORATION) 4 ___, 2026Transmission Service Agreement ARTICLE: 1 1. DEFINITIONS AND INTERPRETATIONS 1.1 Definitions: 1.1.1 The words / expressions used in this Agreement, unless as defined below or repugnant to the context, shall have the same meaning as assigned to them by the Electricity Act, 2003 and the rules or regulations framed there under including those issued / framed by the Commission (as defined hereunder), as amended or re-enacted from time to time or the General Clauses Act, failing which it shall bear its ordinary English meaning. The words/expressions when used in this Agreement shall have the respective meanings as specified below: “Acquisition Price” shall have the same meaning as defined in the Share Purchase Agreement; “Act” or "Electricity Act" or “Electricity Act 2003” shall mean the Electricity Act, 2003 and any amendments made to the same or any succeeding enactment thereof; “Affiliate” shall mean a company that either directly or indirectly i. controls or ii. is controlled by or iii. is under common control with a Bidding Company (in the case of a single company) or a Member (in the case of a Consortium) and “control” means ownership by one entity of at least twenty six percent (26%) of the voting rights of the other entity; “Availability” in relation to the Project or in relation to any Element of the Project, for a given period shall mean the time in hours during that period the Project is capable to transmit electricity at its Rated Voltage and shall be expressed in percentage of total hours in the given period and shall be calculated as per the procedure contained in Appendix –IV to Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024, attached herewith in Schedule 6; “Bid” shall mean technical bid and financial bid submitted by the Bidder, in response to the RFP, in accordance with the terms and conditions of the RFP; SPV (UNDER INCOPORATION) 5 ___, 2026Transmission Service Agreement “Bid Deadline” shall mean the last date and time for submission of the Bid in response to RFP, as specified in the RFP; “Bidding Company” shall refer to such single company that has made a Response to RFP for the Project; “Bidding Consortium / Consortium” shall refer to a group of companies that has collectively made a Response to RFP for the Project; “Bid Documents” or “Bidding Documents” shall mean the RFP, along with all attachments thereto or clarifications thereof; “Bidding Guidelines” shall mean the “Tariff Based Competitive Bidding Guidelines for Transmission Service” and “Guidelines for Encouraging Competition in Development of Transmission Projects” issued by Government of India, Ministry of Power under Section – 63 of the Electricity Act as amended from time to time; “Bid Process Coordinator” or “BPC” shall mean a person or its authorized representative as notified by the Government of India, responsible for carrying out the process for selection of Bidder who will acquire Transmission Service Provider; “Bill” shall mean any bill raised by the CTU on the DICs to recover the Transmission Charges pursuant to the Sharing Regulations; “Business Day” shall mean a day other than Sunday or a statutory holiday, on which the banks remain open for business in the State in which the Nodal Agency’s registered office is located and the concerned TSP are located; “CEA” shall mean the Central Electricity Authority constituted under Section -70 of the Electricity Act; “Change in law” shall have the meaning ascribed thereto in Article 12; “Commercial Operation Date” or “COD” shall mean the date as per Article 6.2; “Commission” or “CERC” shall mean the Central Electricity Regulatory Commission referred to in sub-section (1) of Section 76 of the Electricity Act, 2003 or its successors and assigns; “Competent Court of Law” shall mean the Supreme Court or any High Court, or any tribunal or any similar judicial or quasi-judicial body in India that has jurisdiction to adjudicate upon issues relating to the Project; SPV (UNDER INCOPORATION) 6 ___, 2026Transmission Service Agreement “Connection Agreement” shall mean the agreement between the CTU or STU or any other concerned parties and the TSP, setting out the terms relating to the connection of the Project to the Inter-connection Facilities and use of the Inter State Transmission System as per the provisions of the IEGC, as the case may be; “Consultation Period” shall mean the period of sixty (60) days or such longer period as the Parties may agree, commencing from the date of issue of a TSP’s Preliminary Notice or a Nodal Agency’s Preliminary Termination Notice, as provided in Article 13 of this Agreement, for consultation between the Parties to mitigate the consequence of the relevant event having regard to all the circumstances; “Consents, Clearances and Permits” shall mean all authorizations, licenses, approvals, registrations, permits, waivers, privileges, acknowledgements, agreements, or concessions required to be obtained from or provided by any concerned authority for the development, execution and operation of Project including without any limitation for the construction, ownership, operation and maintenance of the Transmission Lines and/or sub-stations; “Construction Period” shall mean the period from (and including) the Effective Date of the Transmission Service Agreement up to (but not including) the COD of the Element of the Project in relation to an Element and up to (but not including) the COD of the Project in relation to the Project; “Contractors” shall mean the engineering, procurement, construction, operation & maintenance contractors, surveyors, advisors, consultants, designers, suppliers to the TSP and each of their respective sub-contractors (and each of their respective successors and permitted assigns) in their respective capacities as such; “Contract Performance Guarantee” Contract Performance Guarantee” shall mean the irrevocable unconditional bank guarantee, or insurance surety bond or Payment on Order Instrument submitted and to be submitted by the TSP or by the Selected Bidder on behalf of the TSP to the Nodal Agency from a bank mentioned in Annexure 17 of the RFP, in the form attached here to as Schedule 8 (for bank guarantee) or Schedule-8A (for insurance surety bond issued by any of the insurance companies authorized by Insurance Regulatory and Development Authority of India), or Schedule-8B (for Payment on Order Instrument issued by PFC/REC/IREDA) in accordance with Article 3 of this Agreement and which shall include the additional bank guarantee or insurance surety bond or Payment on Order Instrument furnished by the TSP under this Agreement; SPV (UNDER INCOPORATION) 7 ___, 2026Transmission Service Agreement “Contract Year”, for the purpose of payment of Transmission Charges, shall mean the period beginning on the COD, and ending on the immediately succeeding March 31 and thereafter each period of 12 months beginning on April 1 and ending on March 31 provided that the last Contract Year shall end on the last day of the term of the TSA; “CTU” or “Central Transmission Utility” shall have same meaning as defined in the Electricity Act, 2003; “Day” shall mean a day starting at 0000 hours and ending at 2400 hours; “D/C” shall mean Double Circuit; “Designated ISTS Customers” or “DICs” shall have the meaning as described in the Sharing Regulations; “Dispute” shall mean any dispute or difference of any kind between the Parties, in connection with or arising out of this Agreement including any issue on the interpretation and scope of the terms of this Agreement as provided in Article 16; “Effective Date” for the purposes of this Agreement, shall have the same meaning as per Article 2.1 of this Agreement; “Electrical Inspector” shall mean a person appointed as such by the Government under sub-section (1) of Section 162 of the Electricity Act 2003 and also includes Chief Electrical Inspector; “Electricity Rules 2005” shall mean the rules framed pursuant to the Electricity Act 2003 and as amended from time to time; “Element” shall mean each Transmission Line or each circuit of the Transmission Lines (where there are more than one circuit) or each bay of Sub-station or switching station or HVDC terminal or inverter station of the Project, including ICTs, Reactors, SVC, FSC, etc. forming part of the ISTS, which will be owned, operated and maintained by the concerned ISTS Licensee, and which has a separate Scheduled COD as per Schedule 2 of this Agreement and has a separate percentage for recovery of Transmission Charges on achieving COD as per Schedule 5 of this Agreement; “Event of Default” shall mean the events as defined in Article 13 of this Agreement; “Expiry Date” shall be the date which is thirty five (35) years from the COD of the Project; SPV (UNDER INCOPORATION) 8 ___, 2026Transmission Service Agreement “Financial Closure” shall mean the first Business Day on which funds are made available to the TSP pursuant to the Financing Agreements; “Financially Evaluated Entity” shall mean the company which has been evaluated for the satisfaction of the financial requirement set forth in the RFP; “Financing Agreements” shall mean the agreements pursuant to which the TSP is to finance the Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of the Designated ISTS Customers / Nodal Agency; “Financial Year” shall mean a period of twelve months at midnight Indian Standard Time (IST) between 1st April & 31st March; “Force Majeure” and “Force Majeure Event” shall have the meaning assigned thereto in Article 11; “GOI” shall mean Government of India; “Grid Code” / “IEGC” shall mean the Grid Code specified by the Central Commission under Clause (h) of sub-section (1) of Section 79 of the Electricity Act; “Independent Engineer” shall mean an agency/ company, appointed by Nodal Agency in accordance with the Guidelines for Encouraging Competition in Development of Transmission Projects. “Indian Governmental Instrumentality” shall mean Government of India, Government of any State in India or any ministry, department, board, authority, agency, corporation, commission under the direct or indirect control of Government of India or any State Government or both, any political sub-division of any of them including any court or Commission or tribunal or judicial or quasi- judicial body in India but excluding the CTU, TSP and the Designated ISTS Customers; “Insurances” shall mean the insurance cover to be obtained and maintained by the TSP in accordance with Article 9 of this Agreement; “Interconnection Facilities” shall mean the facilities as may be set up for transmission of electricity through the use of the Project, on either one or both side of generating station’s / CTU’s / STU’s / ISTS Licensee’s / Designated ISTS Customer’s substations (as the case may be) which shall include, without limitation, all other transmission lines, gantries, sub-stations and associated equipment’s not forming part of the Project; SPV (UNDER INCOPORATION) 9 ___, 2026Transmission Service Agreement “ISTS Licensee” shall be the TSP under this Agreement, consequent to having been awarded a Transmission License by the CERC and shall be referred to as the TSP or the ISTS Licensee, as the context may require in this Agreement; “Law” or “Laws” in relation to this Agreement, shall mean all laws including electricity laws in force in India and any statute, ordinance, rule, regulation, notification, order or code, or any interpretation of any of them by an Indian Governmental Instrumentality having force of law and shall include all rules, regulations, decisions and orders of the Commission; “Lead Member of the Bidding Consortium” or “Lead Member” shall mean a company who commits at least 26% equity stake in the Project, meets the technical requirement as specified in the RFP and so designated by other Member(s) in Bidding Consortium; “Lenders” means the banks, financial institutions, multilateral funding agencies, non-banking financial companies registered with the Reserve Bank of India (RBI), insurance companies registered with the Insurance Regulatory & Development Authority (IRDA), pension funds regulated by the Pension Fund Regulatory & Development Authority (PFRDA),mutual funds registered with Securities & Exchange Board of India (SEBI), etc., including their successors and assigns, who have agreed on or before COD of the Project to provide the TSP with the debt financing described in the capital structure schedule, and any successor banks or financial institutions to whom their interests under the Financing Agreements may be transferred or assigned; Provided that, such assignment or transfer shall not relieve the TSP of its obligations to the Nodal Agency under this Agreement in any manner and shall also does not lead to an increase in the liability of the Nodal Agency; “Lenders Representative” shall mean the person notified by the Lender(s) in writing as being the representative of the Lender(s) or the Security Trustee and such person may from time to time be replaced by the Lender(s) pursuant to the Financing Agreements by written notice to the TSP; “Letter of Intent” or “LOI” shall have the same meaning as in the RFP; “Member in a Bidding Consortium / Member” shall mean each company in the Bidding Consortium; “Month” shall mean a period of thirty (30) days from (and excluding) the date of the event; SPV (UNDER INCOPORATION) 10 ___, 2026Transmission Service Agreement “Monthly Transmission Charges” for any Element of the Project, after COD of the Element till COD of the Project, and for the Project after COD of the Project, shall mean the amount of Transmission Charges as specified in Schedule 5 of this Agreement multiplied by no. of days in the relevant month and divided by no. of days in the year; “National Load Despatch Centre” shall mean the centre established as per sub- section (1) of Section 26 of the Electricity Act 2003; “Nodal Agency” shall mean CTU, which shall execute and implement the Transmission Service Agreement (TSA); Provided that while taking major decisions, CTU shall consult CEA on technical matters and any other matter it feels necessary. “Notification” shall mean any notification, issued in the Gazette of India; “Operating Period” for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date; “Parent Company” shall mean an entity that holds at least twenty six percent (26%) of the paid - up equity capital directly or indirectly in the Bidding Company or in the Member in a Bidding Consortium, as the case may be; “Payment on Order Instrument” shall mean Letter of Undertaking from Indian Renewable Energy Development Agency Limited (IREDA) or Power Finance Corporation Limited (PFC) or REC Limited (REC) [the three non-banking financial institutions under Ministry of New & Renewable Energy (MNRE)/ Ministry of Power (MoP), to pay in case situation of default of Transmission Service Provider (TSP) in terms of tender conditions/Power Purchase Agreement (PPA) arises. Such Letter (s) will have same effect as that of a Bank Guarantee issued by any public any public sector bank. Such “Payment on Order instrument” would have terms and conditions similar to that of any Bank Guarantee given by any public sector bank and would promise to pay the Nodal Agency on demand within stipulated time. TSPs can seek such Letter(s) by offering due security to the above mentioned three non-banking financial institutions mentioned above (IREDA, PFC & REC). Nodal Agency shall not accept the instrument of ‘Letter of Undertaking’ as described above or in any other form, from any other non-banking financial institutions or bank, except IREDA, PFC & REC. SPV (UNDER INCOPORATION) 11 ___, 2026Transmission Service Agreement “Preliminary Termination Notice” shall mean a Nodal Agency’s Preliminary Termination Notice as defined in Article 13 of this Agreement; “Project” shall mean “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS ”, as detailed in Schedule 1 of this Agreement; “Project Assets” shall mean all physical and other assets relating to and forming part of the Project including: (a) rights over the Site for substations, ROW for transmission lines; (b) tangible & intangible assets such as civil works and equipment including foundations, embankments, pavements, electrical systems, communication systems, relief centres, administrative offices, Sub-stations, software, tower and sub-stations designs etc; (c) project facilities situated on the Site; (d) all rights of the TSP under the project agreements; (e) financial assets, such as receivables, security deposits etc; (f) insurance proceeds; and (g) Applicable Permits and authorisations relating to or in respect of the Transmission System;” “Project Execution Plan” shall mean the plan referred to in Article 3.1.3(c) hereof; “Prudent Utility Practices” shall mean the practices, methods and standards that are generally accepted internationally from time to time by electric transmission utilities for the purpose of ensuring the safe, efficient and economic design, construction, commissioning, operation, repair and maintenance of the Project and which practices, methods and standards shall be adjusted as necessary, to take account of: (i) operation, repair and maintenance guidelines given by the manufacturers to be incorporated in the Project, (ii) the requirements of Law, and (iii) the physical conditions at the Site; (iv) the safety of operating personnel and human beings; SPV (UNDER INCOPORATION) 12 ___, 2026Transmission Service Agreement “Rated Voltage” shall mean voltage at which the Transmission System is designed to operate or such lower voltage at which the line is charged, for the time being, in consultation with the Central Transmission Utility; “Rebate” shall have the meaning as ascribed to in Article 10.3 of this Agreement; “RFP” shall mean Request For Proposal dated February 11, 2026 along with all schedules, annexures and RFP Project Documents attached thereto, issued by the BPC for tariff based competitive bidding process for selection of Bidder as TSP to execute the Project, including any modifications, amendments or alterations thereto; “RFP Project Documents” shall mean the following documents to be entered into in respect of the Project, by the Parties to the respective agreements: a. Transmission Service Agreement, b. Share Purchase Agreement, c. Agreement(s) required under Sharing Regulations and d. Any other agreement as may be required; “RLDC” shall mean the relevant Regional Load Dispatch Centre as defined in the Electricity Act, 2003, in the region(s) in which the Project is located; “RPC” shall mean the relevant Regional Power Committee established by the Government of India for the specific Region(s) in accordance with the Electricity Act, 2003 for facilitating integrated operation of the Power System in that Region; “Scheduled COD” in relation to an Element(s) shall mean the date(s) as mentioned in Schedule 2 as against such Element(s) and in relation to the Project, shall mean the date as mentioned in Schedule 2 as against such Project, subject to the provisions of Article 4.4 of this Agreement, or such date as may be mutually agreed among the Parties; “Scheduled Outage" shall mean the final outage plan as approved by the RPC as per the provisions of the Grid Code; “Selected Bid” shall mean the technical Bid and the Final Offer of the Selected Bidder submitted during e-reverse bidding, which shall be downloaded and attached in Schedule 7 on or prior to the Effective Date; “Share Purchase Agreement” shall mean the agreement amongst PFC Consulting Limited (PFCCL), SPV (UNDER INCORPORATION) and the Successful Bidder for the SPV (UNDER INCOPORATION) 13 ___, 2026Transmission Service Agreement purchase of one hundred (100%) per cent of the shareholding of the SPV (UNDER INCORPORATION) for the Acquisition Price, by the Successful Bidder on the terms and conditions as contained therein; “Sharing Regulations” shall mean the Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges and Losses) Regulations, 2020 and as amended from time to time; “Site” in relation to a substation, switching station or HVDC terminal or inverter station, shall mean the land and other places upon which such station / terminal is to be established; “SLDC” shall mean the State Load Despatch Centre established as per sub-section (1) of Section 31 of the Electricity Act 2003; “STU” or “State Transmission Utility” shall be the Board or the Government company, specified as such by the State Government under sub-section (1) of Section 39 of the Electricity Act 2003; “Successful Bidder” or “Selected Bidder” shall mean the Bidder selected pursuant to the RFP and who has to acquire one hundred percent (100%) equity shares of SPV (UNDER INCORPORATION), along with all its related assets and liabilities, which will be responsible as the TSP to establish the Project on build, own, operate and transfer basis as per the terms of the TSA and other RFP Project Documents; “TSP’s Preliminary Notice” shall mean a notice issued by the TSP in pursuant to the provisions of Article 13.3 of this Agreement; “Target Availability” shall have the meaning as ascribed hereto in Article 8.2 of this Agreement; “Technically Evaluated Entity” shall mean the company which has been evaluated for the satisfaction of the technical requirement set forth in RFP; “Termination Notice” shall mean a Nodal Agency’s Termination Notice given by the Nodal Agency to the TSP pursuant to the provisions of Articles 3.3.2, 3.3.4, 4.4.2, 5.8, 13.2 and 13.3 of this Agreement for the termination of this Agreement; “Term of Agreement” for the purposes of this Agreement shall have the meaning ascribed thereto in Article 2.2 of this Agreement; SPV (UNDER INCOPORATION) 14 ___, 2026Transmission Service Agreement “Transmission Charges” shall mean the Final Offer of the Selected Bidder during the e-reverse bidding and adopted by the Commission, payable to the TSP as per Sharing Regulations; “Transmission License” shall mean the license granted by the Commission in terms of the relevant regulations for grant of such license issued under the Electricity Act; “Transmission Service” shall mean making the Project available as per the terms and conditions of this Agreement and Sharing Regulations; “Unscheduled Outage” shall mean an interruption resulting in reduction of the Availability of the Element(s) / Project (as the case may be) that is not a result of a Scheduled Outage or a Force Majeure Event. “Ultimate Parent Company” shall mean an entity which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and / or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and / or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such entity; 1.2 Interpretation: Save where the contrary is indicated, any reference in this Agreement to: “Agreement" shall be construed as including a reference to its Schedules, Appendices and Annexures; "Rupee", "Rupees" and “Rs.” shall denote lawful currency of India; “crore” shall mean a reference to ten million (10,000,000) and a “lakh” shall mean a reference to one tenth of a million (1,00,000); "encumbrance" shall be construed as a reference to a mortgage, charge, pledge, lien or other encumbrance securing any obligation of any person or any other type of preferential arrangement (including, without limitation, title transfer and retention arrangements) having a similar effect; "holding company" of a company or corporation shall be construed as a reference to any company or corporation of which the other company or corporation is a subsidiary; SPV (UNDER INCOPORATION) 15 ___, 2026Transmission Service Agreement "indebtedness" shall be construed so as to include any obligation (whether incurred as principal or surety) for the payment or repayment of money, whether present or future, actual or contingent; "person" shall have the meaning as defined in Section 2 (49) of the Act; "subsidiary" of a company or corporation (the holding company) shall be construed as a reference to any company or corporation: (i) which is controlled, directly or indirectly, by the holding company, or (ii) more than half of the issued share capital of which is beneficially owned, directly or indirectly, by the holding company, or (iii) which is a subsidiary of another subsidiary of the holding company, for these purposes, a company or corporation shall be treated as being controlled by another if that other company or corporation is able to direct its affairs and/or to control the composition of its board of directors or equivalent body; "winding-up", "dissolution", "insolvency", or "reorganization" in the context of a company or corporation shall have the same meaning as defined in the Companies Act, 1956/ Companies Act, 2013 (as the case may be). 1.2.1 Words importing the singular shall include the plural and vice versa. 1.2.2 This Agreement itself or any other agreement or document shall be construed as a reference to this or to such other agreement or document as it may have been, or may from time to time be, amended, varied, novated, replaced or supplemented. 1.2.3 A Law shall be construed as a reference to such Law including its amendments or re- enactments from time to time. 1.2.4 A time of day shall, save as otherwise provided in any agreement or document be construed as a reference to Indian Standard Time. 1.2.5 Different parts of this Agreement are to be taken as mutually explanatory and supplementary to each other and if there is any inconsistency between or among the parts of this Agreement, they shall be interpreted in a harmonious manner so as to give effect to each part. 1.2.6 The tables of contents and any headings or sub-headings in this Agreement have been inserted for ease of reference only and shall not affect the interpretation of this Agreement. SPV (UNDER INCOPORATION) 16 ___, 2026Transmission Service Agreement 1.2.7 All interest payable under this Agreement shall accrue from day to day and be calculated on the basis of a year of three hundred and sixty five (365) days. 1.2.8 The words “hereof” or “herein”, if and when used in this Agreement shall mean a reference to this Agreement. 1.2.9 The contents of Schedule 7 shall be referred to for ascertaining accuracy and correctness of the representations made by the Selected Bidder in Article 17.2.1 hereof. SPV (UNDER INCOPORATION) 17 ___, 2026Transmission Service Agreement ARTICLE: 2 2. EFFECTIVENESS AND TERM OF AGREEMENT 2.1 Effective Date: This Agreement shall be effective from later of the dates of the following events: a. The Selected Bidder, on behalf of the TSP, has provided the Contract Performance Guarantee, as per terms of Article 3.1 of this Agreement; and b. The Selected Bidder has acquired for the Acquisition Price, one hundred percent (100%) of the equity shareholding of PFC Consulting Limited in SPV (UNDER INCORPORATION) along with all its related assets and liabilities as per the provisions of the Share Purchase Agreement. and c. The Agreement is executed and delivered by the Parties; 2.2 Term and Termination: 2.2.1 Subject to Article 2.2.3 and Article 2.4, this Agreement shall continue to be effective in relation to the Project until the Expiry Date, when it shall automatically terminate. 2.2.2 Post the Expiry Date of this Agreement, the TSP shall ensure transfer of Project Assets to CTU or its successors or an agency as decided by the Central Government at zero cost and free from any encumbrance and liability. The transfer shall be completed within 90 days of expiry of this Agreement failing which CTU shall be entitled to take over the Project Assets Suo moto. 2.2.3 This Agreement shall terminate before the Expiry Date in accordance with Article 13 or Article 3.3.2 or Article 3.3.4. 2.3 Conditions prior to the expiry of the Transmission License In order to continue the Project beyond the expiry of the Transmission License, the TSP shall be obligated to make an application to the Commission at least two (2) years before the date of expiry of the Transmission License, seeking the Commission’s approval for the extension of the term of the Transmission License up to the Expiry Date. 2.3.1 The TSP shall timely comply with all the requirements that may be laid down by the Commission for extension of the term of the Transmission License beyond the initial term of twenty-five (25) years & upto the Expiry Date and the TSP shall keep the Nodal Agency fully informed about the progress on its application for extension of the term of the Transmission License. SPV (UNDER INCOPORATION) 18 ___, 2026Transmission Service Agreement 2.4 Survival: The expiry or termination of this Agreement shall not affect any accrued rights, obligations/ roles and liabilities of the Parties under this Agreement, including the right to receive liquidated damages as per the terms of this Agreement, nor shall it effect the survival of any continuing obligations/ roles for which this Agreement provides, either expressly or by necessary implication, which are to survive after the Expiry Date or termination including those under Articles 3.3.3, 3.3.5, Article 9.3 (Application of Insurance Proceeds), Article 11 (Force Majeure), Article 13 (Events of Default and Termination), Article 14 (Liability & Indemnification), Article 16 (Governing Law & Dispute Resolution), Article 19 (Miscellaneous). 2.5 Applicability of the provisions of this Agreement 2.5.1 For the purpose of Availability, Target Availability and the computation of Availability, Incentive, Penalty, the provisions provided in this Agreement shall apply and any future modifications in the relevant Rules and Regulations shall not be applicable for this Project. 2.5.2 For the purposes of this Agreement for ISTS systems developed under the tariff based competitive bidding framework, the provisions relating to the definitions (Availability and COD), Article 3 (Contract Performance Guarantee and Conditions Subsequent), Article 5 (Construction of the Project), Article 6 (Connection and Commissioning of the Project), Article 8 (Target Availability and calculation of Availability), Article 11 (Force Majeure), Article 12 (Change in Law), Article 13 (Event of Default), Article 14 (Indemnification), Article 15 (Assignment and Charges), Articles 16.1, 16.2 and 16.4 (Governing Laws and Dispute Resolution) and Article 17 (representation and warranties of the ISTS Licensee) of this agreement shall supersede the corresponding provisions under Sharing Regulations. SPV (UNDER INCOPORATION) 19 ___, 2026Transmission Service Agreement ARTICLE: 3 3. CONDITIONS SUBSEQUENT 3.1 Satisfaction of conditions subsequent by the TSP 3.1.1 Within ten (10) days from the date of issue of Letter of Intent, the Selected Bidder, shall: a. Provide the Contract Performance Guarantee, and b. Acquire, for the Acquisition Price, one hundred percent (100%) equity shareholding of SPV (UNDER INCORPORATION) from PFC Consulting Limited, who shall sell to the Selected Bidder, the equity shareholding of SPV (UNDER INCORPORATION), along with all its related assets and liabilities. c. Execute this Agreement; The TSP shall, within five (5) working days from the date of acquisition of SPV by the Selected Bidder, undertake to apply to the Commission for the grant of Transmission License and for the adoption of tariff as required under section-63 of the Electricity Act. The Selected Bidder, on behalf of the TSP, will provide to the Central Transmission Utility of India Limited (being the Nodal Agency) the Contract Performance Guarantee for an amount of Rs.57.00 Crore (Rupees Fifty Seven Crore Only). 3.1.2 The Contract Performance Guarantee shall be initially valid for a period up to three (3) months after the Scheduled COD of the Project and shall be extended from time to time to be valid for a period up to three (3) months after the COD of the Project. In case the validity of the Contract Performance Guarantee is expiring before the validity specified in this Article, the TSP shall, at least thirty (30) days before the expiry of the Contract Performance Guarantee, replace the Contract Performance Guarantee with another Contract Performance Guarantee or extend the validity of the existing Contract Performance Guarantee until the validity period specified in this Article. 3.1.3 The TSP agrees and undertakes to duly perform and complete the following activities within six (6) months from the Effective Date (except for c) below), unless such completion is affected due to any Force Majeure Event, or if any of the activities is specifically waived in writing by the Nodal Agency: a. To obtain the Transmission License for the Project from the Commission; SPV (UNDER INCOPORATION) 20 ___, 2026Transmission Service Agreement b. To obtain the order for adoption of Transmission Charges by the Commission, as required under Section 63 of the Electricity Act 2003; c. To submit to the Nodal Agency, CEA & Independent Engineer, the Project Execution Plan, immediately after award of contract(s) and maximum within one hundred and twenty (120) days from the Effective Date. Also, an approved copy each of Manufacturing Quality Plan (MQP) and Field Quality Plan (FQP) would be submitted to Independent Engineer & Nodal Agency in the same time period. The TSP’s Project Execution Plan should be in conformity with the Scheduled COD as specified in Schedule 2 of this Agreement, and shall bring out clearly the organization structure, time plan and methodology for executing the Project, award of major contracts, designing, engineering, procurement, shipping, construction, testing and commissioning to commercial operation; d. To submit to the Nodal Agency, CEA & Independent Engineer a detailed bar (GANTT) chart of the Project outlining each activity (taking longer than one Month), linkages as well as durations; e. To submit to the Nodal Agency, CEA & Independent Engineer detailed specifications of conductor meeting the functional specifications specified in RFP; f. To achieve Financial Closure; g. To provide an irrevocable letter to the Lenders duly accepting and acknowledging the rights provided to the Lenders under the provisions of Article 15.3 of this Agreement and all other RFP Project Documents; h. To award the Engineering, Procurement and Construction contract (“EPC contract”) for the design and construction of the Project and shall have given to such Contractor an irrevocable notice to proceed; and i. To sign the Agreement(s) required, if any, under Sharing Regulations. 3.2 Recognition of Lenders’ Rights by the Nodal Agency 3.2.1 The Nodal Agency hereby accepts and acknowledges the rights provided to the Lenders as per Article 15.3 of this Agreement and all other RFP Project Documents. 3.3 Consequences of non-fulfilment of conditions subsequent 3.3.1 If any of the conditions specified in Article 3.1.3 is not duly fulfilled by the TSP even within three (3) Months after the time specified therein, then on and from the expiry of such period and until the TSP has satisfied all the conditions specified in Article 3.1.3, the TSP shall, on a monthly basis, be liable to furnish to SPV (UNDER INCOPORATION) 21 ___, 2026Transmission Service Agreement Central Transmission Utility of India Limited (being the Nodal Agency) additional Contract Performance Guarantee of Rs.5.70 Crore (Rupees Five Crore and Seventy Lakh Only) within two (2) Business Days of expiry of every such Month. Such additional Contract Performance Guarantee shall be provided to Central Transmission Utility of India Limited (being the Nodal Agency) in the manner provided in Article 3.1.1 and shall become part of the Contract Performance Guarantee and all the provisions of this Agreement shall be construed accordingly. Central Transmission Utility of India Limited (being the Nodal Agency) shall be entitled to hold and / or invoke the Contract Performance Guarantee, including such additional Contract Performance Guarantee, in accordance with the provisions of this Agreement. 3.3.2 Subject to Article 3.3.4, if: (i) the fulfilment of any of the conditions specified in Article 3.1.3 is delayed beyond nine (9) Months from the Effective Date and the TSP fails to furnish additional Contract Performance Guarantee to the Nodal Agency in accordance with Article 3.3.1 hereof; or (ii) the TSP furnishes additional Performance Guarantee to the Nodal Agency in accordance with Article 3.3.1 hereof but fails to fulfil the conditions specified in Article 3.1.3 within a period of twelve (12) months from the Effective Date, the Nodal Agency shall have the right to terminate this Agreement, by giving a Termination Notice to the TSP, in writing, of at least seven (7) days, with a copy to CEA and the Lenders’ Representative in order to enable the Lenders to exercise right of substitution in accordance with Article 15.3 of this Agreement. 3.3.3 If the Nodal Agency elects to terminate this Agreement as per the provisions of Article 3.3.2, the TSP shall be liable to pay to the Nodal Agency an amount of Rs.57.00 Crore (Rupees Fifty Seven Crore Only) as liquidated damages. The Nodal Agency shall be entitled to recover this amount of damages by invoking the Contract Performance Guarantee to the extent of liquidated damages, which shall be required by the Nodal Agency, and the balance shall be returned to TSP, if any. It is clarified for removal of doubt that this Article shall survive the termination of this Agreement. 3.3.4 In case of inability of the TSP to fulfil the conditions specified in Article 3.1.3 due to any Force Majeure Event, the time period for fulfilment of the condition subsequent as mentioned in Article 3.1.3, may be extended for a period of such Force Majeure Event. Alternatively, if deemed necessary, this Agreement may be terminated by the Nodal Agency by giving a Termination Notice to the TSP, in writing, of at least seven (7) days, with a copy to CEA and the Lenders’ Representative in order to enable the Lenders to exercise right of substitution in accordance with Article 15.3 of this SPV (UNDER INCOPORATION) 22 ___, 2026Transmission Service Agreement Agreement and the Contract Performance Guarantee shall be returned as per the provisions of Article 6.5.1. Provided, that due to the provisions of this Article 3.3.4, any increase in the time period for completion of conditions subsequent mentioned under Article 3.1.3, shall lead to an equal increase in the time period for the Scheduled COD. If the Scheduled COD is extended beyond a period of one hundred eighty (180) days due to the provisions of this Article 3.3.4, the TSP will be allowed to recover the interest cost during construction corresponding to the period exceeding one hundred eighty (180) days by adjustment in the Transmission Charges in accordance with Schedule 9. 3.3.5 Upon termination of this Agreement as per Articles 3.3.2 and 3.3.4, the Nodal Agency may take steps to bid out the Project again. 3.3.6 The Nodal agency, on the failure of the TSP to fulfil its obligations, if it considers that there are sufficient grounds for so doing, apart from invoking the Contract Performance Guarantee under para 3.3.3 may also initiate proceedings for blacklisting the TSP as per provisions of Article 13.2 of TSA. 3.4 Progress Reports The TSP shall notify the Nodal Agency and CEA in writing at least once a Month on the progress made in satisfying the conditions subsequent in Articles 3.1.3. SPV (UNDER INCOPORATION) 23 ___, 2026Transmission Service Agreement ARTICLE: 4 4. DEVELOPMENT OF THE PROJECT 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible: a. for procuring and maintaining in full force and effect all Consents, Clearances and Permits, required in accordance with Law for development of the Project; b. for financing, constructing, owning and commissioning each of the Element of the Project for the scope of work set out in Schedule 1 of this Agreement in accordance with: i. the Electricity Act and the Rules made thereof; ii. the Grid Code; iii. the CEA Regulations applicable, and as amended from time to time, for Transmission Lines and sub-stations:  the Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007;  Central Electricity Authority (Technical Standards for construction of Electrical Plants and Electric Lines) Regulation, 2010;  Central Electricity Authority (Grid Standard) Regulations, 2010;  Central Electricity Authority (Safety requirements for construction, operation and maintenance of Electrical Plants and Electrical Lines) Regulation, 2011;  Central Electricity Authority (Measures relating to Safety and Electricity Supply) Regulation, 2010;  Central Electricity Authority (Technical Standards for Communication System in Power System Operation) Regulations, 2020. iv. Safety/ security Guidelines laid down by the Government; SPV (UNDER INCOPORATION) 24 ___, 2026Transmission Service Agreement v. Prudent Utility Practices, relevant Indian Standards and the Law; not later than the Scheduled COD as per Schedule 2 of this Agreement; c. for entering into a Connection Agreement with the concerned parties in accordance with the Grid Code. d. for owning the Project throughout the term of this Agreement free and clear of any encumbrances except those expressly permitted under Article 15 of this Agreement; e. to co-ordinate and liaise with concerned agencies and provide on a timely basis relevant information with regard to the specifications of the Project that may be required for interconnecting the Project with the Interconnection Facilities; f. for providing all assistance to the Arbitrators as they may require for the performance of their duties and responsibilities; g. to provide to the Nodal Agency and CEA, on a monthly basis, progress reports with regard to the Project and its execution (in accordance with prescribed form) to enable the CEA to monitor and co-ordinate the development of the Project matching with the Interconnection Facilities; h. to comply with Ministry of Power Orders No. P45021/2/2017-PP (BE- II)-Part (4) Vol.II dated 19.07.2024 as well as other Guidelines issued by Govt. of India pertaining to this; i. to procure the products associated with the Transmission System as per provisions of Public Procurement (Preference to Make in India) orders issued by Ministry of Power vide orders No. P45021/2/2017- PP (BE-II)-Part (4) Vol.II dated 19.07.2024 for transmission sector, as amended from time to time read with Department for Promotion of Industry and Internal Trade (DPIIT) orders in this regard (Procuring Entity as defined in above orders shall deemed to have included Selected Bidder and/ or TSP). Also, to comply with Department of Expenditure, Ministry of Finance vide OM No. F.7/10/2021-PPD (1) dated 23.02.2023, as amended from time to time, regarding public procurement from a bidder of a country, which shares land border with India; SPV (UNDER INCOPORATION) 25 ___, 2026Transmission Service Agreement j. to submit to Nodal Agency information in the prescribed format [To be devised by Nodal Agency] for ensuring compliance to Article 4.1 i) above. k. to comply with all its obligations undertaken in this Agreement. 4.2 Roles of the Nodal Agency in implementation of the Project: 4.2.1 Subject to the terms and conditions of this Agreement, the Nodal Agency shall be the holder and administrator of this Agreement and shall inter alia: a. appoint an Independent Engineer within 90 days of the Effective Date b. provide letters of recommendation to the concerned Indian Governmental Instrumentality, as may be requested by the TSP from time to time, for obtaining the Consents, Clearances and Permits required for the Project; c. coordinate among TSP and upstream/downstream entities in respect of Interconnection Facilities; and d. monitor the implementation of the Agreement and take appropriate action for breach thereof including revocation of guarantees, cancellation of Agreement, blacklisting etc e. provide all assistance to the Arbitrators as required for the performance of their duties and responsibilities; and f. perform any other responsibility (ies) as specified in this Agreement. 4.3 Time for Commencement and Completion: a. The TSP shall take all necessary steps to commence work on the Project from the Effective Date of the Agreement and shall achieve Scheduled COD of the Project in accordance with the time schedule specified in Schedule 2 of this Agreement; b. The COD of each Element of the Project shall occur no later than the Scheduled COD or within such extended time to which the TSP shall be entitled under Article 4.4 hereto. 4.4 Extension of time: 4.4.1 In the event that the TSP is unable to perform its obligations for the reasons solely attributable to the Nodal Agency, the Scheduled COD shall be extended, by a ‘day to day’ basis, subject to the provisions of Article 13. SPV (UNDER INCOPORATION) 26 ___, 2026Transmission Service Agreement 4.4.2 In the event that an Element or the Project cannot be commissioned by its Scheduled COD on account of any Force Majeure Event as per Article 11, the Scheduled COD shall be extended, by a ‘day to day’ basis for a period of such Force Majeure Event. Alternatively, if deemed necessary, the Nodal Agency may terminate the Agreement as per the provisions of Article 13.4 by giving a Termination Notice to the TSP, in writing, of at least seven (7) days, with a copy to CEA and the Lenders’ Representative in order to enable the Lenders to exercise right of substitution in accordance with Article 15.3 of this Agreement. 4.4.3 If the Parties have not agreed, within thirty (30) days after the affected Party’s performance has ceased to be affected by the relevant circumstance, on how long the Scheduled COD should be deferred by, any Party may raise the Dispute to be resolved in accordance with Article 16. 4.5 Metering Arrangements: 4.5.1 The TSP shall comply with all the provisions of the IEGC and the Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended from time to time, with regard to the metering arrangements for the Project. The TSP shall fully cooperate with the CTU / STU / RLDC and extend all necessary assistance in taking meter readings. 4.6 Interconnection Facilities: 4.6.1 Subject to the terms and conditions of this Agreement, the TSP shall be responsible for connecting the Project with the interconnection point(s) specified in Schedule 1 of this Agreement. The Interconnection Facilities shall be developed as per the scope of work and responsibilities assigned in Schedule 1 of this Agreement. The Nodal Agency shall be responsible for coordinating to make available the Interconnection Facilities. 4.6.2 In order to remove any doubts, it is made clear that the obligation of the TSP within the scope of the project is to construct the Project as per Schedule-1 of this Agreement and in particular to connect it to the Interconnection Facilities as specified in this Agreement. SPV (UNDER INCOPORATION) 27 ___, 2026Transmission Service Agreement ARTICLE: 5 5. CONSTRUCTION OF THE PROJECT 5.1 TSP’s Construction Responsibilities: 5.1.1 The TSP, at its own cost and expense, shall be responsible for designing, constructing, erecting, testing and commissioning each Element of the Project by the Scheduled COD in accordance with the Regulations and other applicable Laws specified in Article 4.1 of this Agreement. 5.1.2 The TSP acknowledges and agrees that it shall not be relieved from any of its obligations under this Agreement or be entitled to any extension of time or any compensation whatsoever by reason of the unsuitability of the Site or Transmission Line route(s). 5.1.3 The TSP shall be responsible for obtaining all Consents, Clearances and Permits related but not limited to road / rail / river / canal / power line / crossings, Power and Telecom Coordination Committee (PTCC), defence, civil aviation, right of way / way-leaves and environmental & forest clearances from relevant authorities required for developing, financing, constructing, maintaining/ renewing all such Consents, Clearances and Permits in order to carry out its obligations under this Agreement in general and shall furnish to the Nodal Agency such copy/ies of each Consents, Clearances and Permits, on demand. Nodal Agency shall provide letters of recommendation to the concerned Indian Governmental Instrumentality, as may be requested by the TSP from time to time, for obtaining the Consents, Clearances and Permits required for the Project. 5.1.4 The TSP shall be responsible for: a) Acquisition of land for location specific substations, switching stations or HVDC terminal or inverter stations. Also, the actual location of Greenfield substations (Switching Stations or HVDC Terminal or Inverter Stations) in the scope of TSP:  For Generation Pooling Substation shall not be beyond 3 Km radius of the location proposed by BPC in their survey report.  For Load Serving Substation within the scope of TSP shall not be beyond 5 Km radius of the location proposed by the BPC in their Survey Report  For an Intermediate Substation shall not be beyond 10 Km radius of the location proposed by the BPC in their Survey Report. b) final selection of Site including its geo-technical investigation SPV (UNDER INCOPORATION) 28 ___, 2026Transmission Service Agreement c) Survey and geo-technical investigation of line route in order to determine the final route of the Transmission Lines; d) Seeking access to the Site and other places where the Project is being executed, at its own risk and costs, including payment of any crop, tree compensation or any other compensation as may be required. 5.1.5 In case the Project involves any resettlement and rehabilitation, the resettlement and rehabilitation package will be implemented by the State Government authorities, for which the costs is to be borne by the TSP and no changes would be allowed in the Transmission Charges on account of any variation in the resettlement and rehabilitation cost. The TSP shall provide assistance on best endeavour basis, in implementation of the resettlement and rehabilitation package, if execution of such package is in the interest of expeditious implementation of the Project and is beneficial to the Project affected persons. 5.2 Appointing Contractors: 5.2.1 The TSP shall conform to the requirements as provided in this Agreement while appointing Contractor(s) for procurement of goods & services. 5.2.2 The appointment of such Contractor(s) shall neither relieve the TSP of any of its obligations under this Agreement nor make the Nodal Agency liable for the performance of such Contractor(s). 5.3 Monthly Progress Reporting: The TSP shall provide to the CEA, Nodal Agency & Independent Engineer, on a monthly basis, progress reports along with likely completion date of each Element with regard to the Project and its execution (in accordance with prescribed form). The Nodal Agency/ CEA shall monitor the development of the Project for its timely completion for improving and augmenting the electricity system as a part of its statutory responsibility. 5.4 Quality of Workmanship: The TSP shall ensure that the Project is designed, built and completed in a good workmanship using sound engineering and construction practices, and using only materials and equipment that are new and manufactured as per the MQP and following approved FQP for erection, testing & commissioning and complying with Indian /International Standards such that, the useful life of the Project will be at least thirty five (35) years from the COD of the Project. SPV (UNDER INCOPORATION) 29 ___, 2026Transmission Service Agreement The TSP shall ensure that all major substation equipment / component (e.g. transformers, reactors, Circuit Breakers, Instrument Transformers (IT), Surge Arresters (SA), Protection relays, clamps & connectors etc.), equipment in terminal stations of HVDC installations including Thyristor/ IGBT valves, Converter Transformers, smoothing reactors, Transformer bushings and wall bushings, GIS bus ducts, towers and gantry structures and transmission towers or poles and line materials (conductors, earthwire, OPGW, insulator, accessories for conductors, OPGW & earthwires, hardware fittings for insulators, aviation lights etc), facilities and system shall be designed, constructed and tested (Type test, Routine tests, Factory Acceptance Test (FAT)) in accordance with relevant CEA Regulations and Indian Standards. In case Indian Standards for any particular equipment/ system/ process is not available, IEC/ IEEE or equivalent International Standards and Codes shall be followed. 5.5 Progress Monitoring & Quality Assurance: 5.5.1 The Project Execution Plan submitted by the TSP in accordance with Article 3.1.3 c) shall comprise of detailed schedule of all the equipment/items /materials required for the Project, right from procurement of raw material till the dispatch from works and receipt at the site. Further, it should also include various stages of the construction schedule up to the commissioning of the Project. 5.5.2 Nodal Agency, CEA & Independent Engineer shall have access at all reasonable times to the Site and to the Manufacturer’s works and to all such places where the Project is being executed. 5.5.3 Independent Engineer shall ensure conformity of the conductor specifications with the functional specifications specified in RFP. 5.5.4 The Independent Engineer shall monitor the following during construction of the Project: a) Quality of equipment, material, foundation, structures and workmanship etc. as laid down in Article 5.4 and 6.1.4 of the TSA. Specifically, quality of Sub-station equipment, transmission line material and workmanship etc. would be checked in accordance with the Article 5.4. b) Progress in the activities specified in Condition Subsequent c) Verification of readiness of the elements including the statutory clearances & completion of civil works, fixing of all components and finalisation of punch points (if any) prior to charging of the elements SPV (UNDER INCOPORATION) 30 ___, 2026Transmission Service Agreement d) Progress of construction of substation and Transmission Lines 5.5.5 The progress shall be reviewed by the Independent Engineer against the Project Execution Plan. The Independent Engineer shall prepare its report on monthly basis and submit the same to Nodal Agency highlighting the progress achieved till the end of respective month vis-à-vis milestone activities, areas of concern, if any, which may result in delay in the timely completion of the Project. Based on the progress, Nodal Agency and/ or CEA shall issue written instructions to the TSP to take corrective measures, as may be prudent for the timely completion of the Project. In case of any deficiency, the Nodal Agency would be at liberty to take action in accordance with the procedure of this Agreement. 5.5.6 For any delay in commissioning any critical Element(s), as identified in Schedule 1 & Schedule 2 of this Agreement, beyond a period of 45 days shall lead to a sequestration of 10% of the Contract Performance Guarantee. 5.6 Site regulations and Construction Documents The TSP shall abide by the Safety Rules and Procedures as mentioned in Schedule 3 of this Agreement The TSP shall retain at the Site and make available for inspection at all reasonable times, copies of the Consents, Clearances and Permits, construction drawings and other documents related to construction. 5.7 Supervision of work: The TSP shall provide all necessary superintendence for execution of the Project and its supervisory personnel shall be available to provide full-time superintendence for execution of the Project. The TSP shall provide skilled personnel who are experienced in their respective fields. 5.8 Remedial Measures: The TSP shall take all necessary actions for remedying the shortfall in achievement of timely progress in execution of the Project, if any, as intimated by the Independent Engineer and/ or CEA and/ or the Nodal Agency. However, such intimation by the Independent Engineer and/ or CEA and/ or the Nodal Agency and the subsequent effect of such remedial measures carried out by the TSP shall not relieve the TSP of its obligations in the Agreement. Independent Engineer and/ or CEA and/ or the Nodal Agency may carry out random inspections during the Project execution, as and when deemed necessary by it. If the shortfalls as intimated to the TSP are not remedied to the satisfaction of the CEA and/ or the Nodal Agency, this Agreement may be terminated by the Nodal Agency by giving a Termination Notice SPV (UNDER INCOPORATION) 31 ___, 2026Transmission Service Agreement to the TSP, in writing, of at least seven (7) days, with a copy to CEA and the Lenders’ Representative in order to enable the Lenders to exercise right of substitution in accordance with Article 15.3 of this Agreement. SPV (UNDER INCOPORATION) 32 ___, 2026Transmission Service Agreement ARTICLE: 6 6. CONNECTION AND COMMISSIONING OF THE PROJECT 6.1 Connection with the Inter-Connection Facilities: 6.1.1 The TSP shall give the RLDC(s), CTU, / STU, as the case may be, and any other agencies as required, at least sixty (60) days advance written notice of the date on which it intends to connect an Element of the Project, which date shall not be earlier than its Scheduled COD or Schedule COD extended as per Article 4.4.1 & 4.4.2 of this Agreement, unless mutually agreed to by Parties. Further, any preponing of COD of any element prior to Scheduled COD must be approved by the Nodal Agency. 6.1.2 The RLDC / SLDC (as the case may be) or the CTU / STU (as the case may be), for reasonable cause, including non-availability of Interconnection Facilities as per Article 4.2, can defer the connection for up to fifteen (15) days from the date notified by the TSP pursuant to Article 6.1.1, if it notifies to the TSP in writing, before the date of connection, of the reason for the deferral and when the connection is to be rescheduled. However, no such deferment on one or more occasions would be for more than an aggregate period of thirty (30) days. Further, the Scheduled COD would be extended as required, for all such deferments on “day to day” basis. 6.1.3 Subject to Articles 6.1.1 and 6.1.2, any Element of Project may be connected with the Interconnection Facilities when: a. it has been completed in accordance with this Agreement and the Connection Agreement; b. it meets the Grid Code, Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007 as amended from time to time and all other Indian legal requirements, and c. The TSP has obtained the approval in writing of the Electrical Inspector certifying that the Element is ready from the point of view of safety of supply and can be connected with the Interconnection Facilities. d. It has satisfactorily met all the testing requirements as per Articles 6.1.4. 6.1.4 Site Acceptance Test (SAT)/ pre-commissioning tests of all major substation equipment, component, system, facilities shall be successfully carried out before commissioning. The Type tests, FAT and SAT reports should be available at the substation / terminal station of HVDC installations for ready reference of operation and maintenance staff and has to be made available to the Independent Engineer SPV (UNDER INCOPORATION) 33 ___, 2026Transmission Service Agreement appointed for quality monitoring or their authorised representatives, as and when they wish to examine the same. 6.2 Commercial Operation: 6.2.1 An Element of the Project shall be declared to have achieved COD twenty four (24) hours following the connection of the Element with the Interconnection Facilities pursuant to Article 6.1 or seven (7) days after the date on which it is declared by the TSP to be ready for charging but is not able to be charged for reasons not attributable to the TSP subject to Article 6.1.2. Provided that an Element shall be declared to have achieved COD only after all the Element(s), if any, which are pre-required to have achieved COD as defined in Schedule 2 of this Agreement, have been declared to have achieved their respective COD. 6.2.2 Once any Element of the Project has been declared to have achieved deemed COD as per Article 6.2.1 above, such Element of the Project shall be deemed to have Availability equal to the Target Availability till the actual charging of the Element and to this extent, TSP shall be eligible for the Monthly Transmission Charges applicable for such Element. 6.3 Compensation for Direct Non Natural Force Majeure Event or Indirect Non Natural Force Majeure Event or Natural Force Majeure Event (affecting the Nodal Agency) 6.3.1 If the TSP is otherwise ready to connect the Element(s) of the Project and has given due notice, as per provisions of Article 6.1.1, to the concerned agencies of the date of intention to connect the Element(s) of the Project, where such date is not before the Scheduled COD, but is not able to connect the Element(s) of the Project by the said date specified in the notice, due to Direct Non Natural Force Majeure Event or Indirect Non Natural Force Majeure Event or Natural Force Majeure Event affecting the Nodal Agency, provided such Direct Non Natural Force Majeure Event or Indirect Non Natural Force Majeure Event or Natural Force Majeure Event affecting the Nodal Agency has continued for a period of more than three (3) continuous or non- continuous Months, the TSP shall, until the effects of the Direct Non Natural Force Majeure Event or of Indirect Non Natural Force Majeure Event or Natural Force Majeure Event affecting the Nodal Agency no longer prevent the TSP from connecting the Element(s) of the Project, be deemed to have achieved COD relevant to that date and to this extent, be deemed to have been providing Transmission Service with effect from the date notified, and shall be treated as follows: a. In case of delay due to Direct Non Natural Force Majeure Event, TSP is entitled for Transmission Charges calculated on Target Availability for the SPV (UNDER INCOPORATION) 34 ___, 2026Transmission Service Agreement period of such events in excess of three (3) continuous or non-continuous Months in the manner provided in (c) below. b. In case of delay due to Indirect Non Natural Force Majeure Event or Natural Force Majeure Event affecting the Nodal Agency, TSP is entitled for payment for debt service which is due under the Financing Agreements, subject to a maximum of Transmission Charges calculated on Target Availability, for the period of such events in excess of three (3) continuous or non-continuous Months in the manner provided in (c) below. c. In case of delay due to Direct Non Natural Force Majeure Event or Indirect Non Natural Force Majeure Event or Natural Force Majeure Event affecting the Nodal Agency, the TSP is entitled for payments mentioned in (a) and (b) above, after commencement of Transmission Service, in the form of an increase in Transmission Charges. These amounts shall be paid from the date, being the later of a) the date of cessation of such Indirect Non Natural Force Majeure Event or Natural Force Majeure Event affecting the Nodal Agency and b) the completion of sixty (60) days from the receipt of the Financing Agreements by the Nodal Agency from the TSP. Provided such increase in Transmission Charges shall be so as to put the TSP in the same economic position as the TSP would have been in case the TSP had been paid amounts mentioned in (a) and (b) above in a situation where the Force Majeure Event had not occurred. For the avoidance of doubt, it is clarified that the charges payable under this Article 6.3.1 shall be recovered as per Sharing Regulations. 6.4 Liquidated Damages for Delay in achieving COD of Project: 6.4.1 If the TSP fails to achieve COD of any Element of the Project or the Project, by the Element’s / Project’s Scheduled COD or such Scheduled COD as extended under Articles 4.4.1 and 4.4.3, then the TSP shall pay to the Nodal Agency, a sum equivalent to 3.33% of Monthly Transmission Charges applicable for the Element of the Project [in case where no Elements have been defined, to be on the Project as a whole] / Project, for each day of delay up to sixty (60) days of delay and beyond that time limit, at the rate of five percent (5%) of the Monthly Transmission Charges applicable SPV (UNDER INCOPORATION) 35 ___, 2026Transmission Service Agreement to such Element / Project, as liquidated damages for such delay and not as penalty, without prejudice to any rights of the Nodal Agency under the Agreement. 6.4.2 The TSP’s maximum liability under this Article 6.4 shall be limited to the amount of liquidated damages calculated in accordance with Article 6.4.1 for and up to six (6) months of delay for the Element or the Project. Provided that, in case of failure of the TSP to achieve COD of the Element of the Project even after the expiry of six (6) months from its Scheduled COD, the provisions of Article 13 shall apply. 6.4.3 The TSP shall make payment to the Nodal Agency of the liquidated damages calculated pursuant to Article 6.4.1 within ten (10) days of the earlier of: a. the date on which the applicable Element achieves COD; or b. the date of termination of this Agreement. The payment of such damages shall not relieve the TSP from its obligations to complete the Project or from any other obligation and liabilities under the Agreement. 6.4.4 If the TSP fails to pay the amount of liquidated damages to the Nodal Agency within the said period of ten (10) days, the Nodal Agency shall be entitled to recover the said amount of the liquidated damages by invoking the Contract Performance Guarantee. If the then existing Contract Performance Guarantee is for an amount which is less than the amount of the liquidated damages payable by the TSP to the Nodal Agency under this Article 6.3 and the TSP fails to make payment of the balance amount of the liquidated damages not covered by the Contract Performance Guarantee, then such balance amount shall be deducted from the Transmission Charges payable to the TSP. The right of the Nodal Agency to encash the Contract Performance Guarantee is without prejudice to the other rights of the Nodal Agency under this Agreement. 6.4.5 For avoidance of doubt, it is clarified that amount payable by TSP under this Article is over and above the penalty payable by TSP under Article 5.5.6 of this Agreement. 6.5 Return of Contract Performance Guarantee 6.5.1 The Contract Performance Guarantee as submitted by TSP in accordance with Article 3.1.1 shall be released by the Nodal Agency within three (3) months from the COD of the Project. In the event of delay in achieving Scheduled COD of any of the Elements by the TSP (otherwise than due to reasons as mentioned in Article 3.1.3 or Article 11) and consequent part invocation of the Contract Performance Guarantee SPV (UNDER INCOPORATION) 36 ___, 2026Transmission Service Agreement by the Nodal Agency, Nodal Agency shall release the Contract Performance Guarantee, if any remaining unadjusted, after the satisfactory completion by the TSP of all the requirements regarding achieving the Scheduled COD of the remaining Elements of the Project. It is clarified that the Nodal Agency shall also return / release the Contract Performance Guarantee in the event of (i) applicability of Article 3.3.2 to the extent the Contract Performance Guarantee is valid for an amount in excess of Rs.57.00 Crore (Rupees Fifty Seven Crore Only), or (ii) termination of this Agreement by the Nodal Agency as mentioned under Article 3.3.4 of this Agreement. 6.5.2 The release of the Contract Performance Guarantee shall be without prejudice to other rights of the Nodal Agency under this Agreement. SPV (UNDER INCOPORATION) 37 ___, 2026Transmission Service Agreement ARTICLE: 7 7. OPERATION AND MAINTENANCE OF THE PROJECT 7.1 Operation and Maintenance of the Project: The TSP shall be responsible for ensuring that the Project is operated and maintained in accordance with the regulations made by the Commission and CEA from time to time and provisions of the Act. SPV (UNDER INCOPORATION) 38 ___, 2026Transmission Service Agreement ARTICLE: 8 8. AVAILABILITY OF THE PROJECT 8.1 Calculation of Availability of the Project: Calculation of Availability for the Elements and for the Project, as the case may be, shall be as per Appendix –IV to Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024, as applicable on the Bid Deadline and as appended in Schedule 6 of this Agreement. 8.2 Target Availability: The Target Availability of each Element and the Project shall be 98%. Payment of monthly Transmission charges based on actual availability will be calculated as per para 1.2 of Schedule 4 of this Agreement. If the availability of any Element or the Project is below the Target Availability, for six consecutive months in a Contract Year, the DIC(s) or the Nodal Agency may issue a show cause notice to the TSP, asking them to show cause as to why the Transmission Service Agreement be not terminated, and if no satisfactory cause is shown it may terminate the Agreement. If the Nodal Agency is of the opinion that the transmission system is of critical importance, it may carry out or cause to carry the operation and maintenance of transmission system at the risk and cost of TSP. SPV (UNDER INCOPORATION) 39 ___, 2026Transmission Service Agreement ARTICLE: 9 9. INSURANCES 9.1 Insurance: 9.1.1 The TSP shall effect and maintain or cause to be effected and maintained during the Construction Period and the Operating Period, adequate Insurances against such risks, with such deductibles including but not limited to any third party liability and endorsements and co-beneficiary/insured, as may be necessary under a. any of the Financing Agreements, b. the Laws, and c. in accordance with Prudent Utility Practices. The Insurances shall be taken effective from a date prior to the date of the Financial Closure till the Expiry Date. 9.2 Evidence of Insurance cover: 9.2.1 The TSP shall furnish to the Nodal Agency copies of certificates and policies of the Insurances, as and when the Nodal Agency may seek from the TSP as per the terms of Article 9.1 9.3 Application of Insurance Proceeds: 9.3.1 Save as expressly provided in this Agreement, the policies of Insurances and the Financing Agreements, the proceeds of any insurance claim made due to loss or damage to the Project or any part of the Project shall be first applied to reinstatement, replacement or renewal of such loss or damage. 9.3.2 If a Natural Force Majeure Event renders the Project no longer economically and technically viable and the insurers under the Insurances make payment on a “total loss” or equivalent basis, the portion of the proceeds of such Insurance available to the TSP (after making admissible payments to the Lenders as per the Financing Agreements) shall be allocated only to the TSP. Nodal Agency and / or concerned Designated ISTS Customers shall have no claim on such proceeds of the Insurance. 9.3.3 Subject to the requirements of the Lenders under the Financing Agreements, any dispute or difference between the Parties as to whether the Project is no longer economically and technically viable due to a Force Majeure Event or whether that event was adequately covered in accordance with this Agreement by the Insurances shall be determined in accordance with Article 16. SPV (UNDER INCOPORATION) 40 ___, 2026Transmission Service Agreement 9.4 Effect on liability of the Nodal Agency / Designated ISTS Customers 9.4.1 The Nodal Agency and / or the Designated ISTS Customers shall have no financial obligations or liability whatsoever towards the TSP in respect of this Article 9. SPV (UNDER INCOPORATION) 41 ___, 2026Transmission Service Agreement ARTICLE: 10 10. BILLING AND PAYMENT OF TRANSMISSION CHARGES 10.1 Subject to provisions of this Article 10, the Monthly Transmission Charges shall be paid to the TSP, in Indian Rupees, on monthly basis as per the provisions of the Sharing Regulations, from the date on which an Element(s) has achieved COD until the Expiry Date of this Agreement, unless terminated earlier and in line with the provisions of Schedule 4 of this Agreement. 10.2 Calculation of Monthly Transmission Charges: The Monthly Transmission Charges for each Contract Year including Incentive & Penalty payment shall be calculated in accordance with the provisions of Schedule 4 of this Agreement. 10.3 Rebate & Late Payment Surcharge: The rebate and late payment surcharge shall be governed as per Sharing Regulations. 10.4 Disputed Bills, Default in payment by the Designated ISTS Customers & Annual Reconciliation: Any Disputed Bill, Default in payment by the Designated ISTS Customers & Annual Reconciliation shall be governed as per Sharing Regulations. SPV (UNDER INCOPORATION) 42 ___, 2026Transmission Service Agreement ARTICLE: 11 11. FORCE MAJEURE 11.1 Definitions 11.1.1 The following terms shall have the meanings given hereunder. 11.2 Affected Party 11.2.1 An Affected Party means any Party whose performance has been affected by an event of Force Majeure. 11.2.2 Any event of Force Majeure shall be deemed to be an event of Force Majeure affecting the TSP only if the Force Majeure event affects and results in, late delivery of machinery and equipment for the Project or construction, completion, commissioning of the Project by Scheduled COD and/or operation thereafter; 11.3 Force Majeure A ‘Force Majeure’ means any event or circumstance or combination of events and circumstances including those stated below that wholly or partly prevents or unavoidably delays an Affected Party in the performance of its obligations/ roles under this Agreement, but only if and to the extent that such events or circumstances are not within the reasonable control, directly or indirectly, of the Affected Party and could not have been avoided if the Affected Party had taken reasonable care or complied with Prudent Utility Practices: a) Natural Force Majeure Events: i. act of God, including, but not limited to drought, fire and explosion (to the extent originating from a source external to the Site), earthquake, volcanic eruption, landslide, flood, cyclone, typhoon, tornado, or exceptionally adverse weather conditions, which are in excess of the statistical measures for the last hundred (100) years; and ii. epidemic/ pandemic notified by Indian Governmental Instrumentality. b) Non-Natural Force Majeure Events: i. Direct Non–Natural Force Majeure Events  Nationalization or compulsory acquisition by any Indian Governmental Instrumentality of any material assets or rights of the Affected Party; or SPV (UNDER INCOPORATION) 43 ___, 2026Transmission Service Agreement  the unlawful, unreasonable or discriminatory revocation of, or refusal to renew, any Consents, Clearances and Permits required by the Affected Party to perform their obligations/ roles under the RFP Project Documents or any unlawful, unreasonable or discriminatory refusal to grant any other Consents, Clearances and Permits required for the development/ operation of the Project, provided that a Competent Court of Law declares the revocation or refusal to be unlawful, unreasonable and discriminatory and strikes the same down; or  any other unlawful, unreasonable or discriminatory action on the part of an Indian Governmental Instrumentality which is directed against the Project, provided that a Competent Court of Law declares the action to be unlawful, unreasonable and discriminatory and strikes the same down. ii. Indirect Non - Natural Force Majeure Events  act of war (whether declared or undeclared), invasion, armed conflict or act of foreign enemy, blockade, embargo, revolution, riot, insurrection, terrorist or military action; or  radio active contamination or ionising radiation originating from a source in India or resulting from any other Indirect Non Natural Force Majeure Event mentioned above, excluding circumstances where the source or cause of contamination or radiation is brought or has been brought into or near the Site by the Affected Party or those employed or engaged by the Affected Party; or  industry-wide strikes and labour disturbances, having a nationwide impact in India. 11.4 Force Majeure Exclusions 11.4.1 Force Majeure shall not include (i) any event or circumstance which is within the reasonable control of the Parties and (ii) the following conditions, except to the extent that they are consequences of an event of Force Majeure: (a) Unavailability, late delivery, or changes in cost of the machinery, equipment, materials, spare parts etc. for the Project; (b) Delay in the performance of any Contractors or their agents; (c) Non-performance resulting from normal wear and tear typically experienced SPV (UNDER INCOPORATION) 44 ___, 2026Transmission Service Agreement in transmission materials and equipment; (d) Strikes or labour disturbance at the facilities of the Affected Party; (e) Insufficiency of finances or funds or the Agreement becoming onerous to perform; and (f) Non-performance caused by, or connected with, the Affected Party’s: i. negligent or intentional acts, errors or omissions; ii. failure to comply with an Indian Law; or iii. breach of, or default under this Agreement or any Project Documents. (g) Any error or omission in the survey report provided by BPC during the bidding process. 11.5 Notification of Force Majeure Event 11.5.1 The Affected Party shall give notice to the other Party of any event of Force Majeure as soon as reasonably practicable, but not later than seven (7) days after the date on which such Party knew or should reasonably have known of the commencement of the event of Force Majeure. If an event of Force Majeure results in a breakdown of communications rendering it unreasonable to give notice within the applicable time limit specified herein, then the Party claiming Force Majeure shall give such notice as soon as reasonably practicable after reinstatement of communications, but not later than one (1) day after such reinstatement. Provided that, such notice shall be a pre-condition to the Affected Party’s entitlement to claim relief under this Agreement. Such notice shall include full particulars of the event of Force Majeure, its effects on the Party claiming relief and the remedial measures proposed. The Affected Party shall give the other Party regular reports on the progress of those remedial measures and such other information as the other Party may reasonably request about the Force Majeure. 11.5.2 The Affected Party shall give notice to the other Party of (i) the cessation of the relevant event of Force Majeure; and (ii) the cessation of the effects of such event of Force Majeure on the performance of its rights or obligations/ roles under this Agreement, as soon as practicable after becoming aware of each of these cessations. 11.6 Duty to perform and duty to mitigate To the extent not prevented by a Force Majeure Event, the Affected Party shall continue to perform its obligations/ roles as provided in this Agreement. The Affected Party shall use its reasonable efforts to mitigate the effect of any event of SPV (UNDER INCOPORATION) 45 ___, 2026Transmission Service Agreement Force Majeure as soon as practicable. 11.7 Available Relief for a Force Majeure Event Subject to this Article 11, (a) no Party shall be in breach of its obligations/ roles pursuant to this Agreement to the extent that the performance of its obligations/ roles was prevented, hindered or delayed due to a Force Majeure Event; (b) each Party shall be entitled to claim relief for a Force Majeure Event affecting its performance in relation to its obligations/ roles under Articles 3.3.4, 4.4.2 and 6.3.1 of this Agreement. (c) For the avoidance of doubt, it is clarified that the computation of Availability of the Element(s) under outage due to Force Majeure Event, as per Article 11.3 affecting the TSP shall be as per Appendix –IV to Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024 as on Bid Deadline. For the event(s) for which the Element(s) is/are deemed to be available as per Appendix –IV to Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024, then the Transmission Charges, as applicable to such Element(s), shall be payable as per Schedule 4, for the duration of such event(s). (d) For so long as the TSP is claiming relief due to any Force Majeure Event under this Agreement, the Nodal Agency may, if it so desires, from time to time on one (1) day notice, inspect the Project and the TSP shall provide the Nodal Agency’s personnel with access to the Project to carry out such inspections. (e) For avoidance of doubt, the TSP acknowledges that for extension of Scheduled COD a period up to one hundred eighty (180) days due to Force Majeure event, no compensation on the grounds such as interest cost, incident expenditure, opportunity cost will be made to the TSP. However, if Scheduled COD is extended beyond a period of one hundred eighty (180) days due to Force Majeure event, the TSP will be allowed to recover the interest cost during construction corresponding to the period exceeding one hundred eighty (180) days by adjustment in the Transmission Charges in accordance with Schedule 9. SPV (UNDER INCOPORATION) 46 ___, 2026Transmission Service Agreement ARTICLE: 12 12. CHANGE IN LAW 12.1 Change in Law 12.1.1 Change in Law means the occurrence of any of the following after the Bid Deadline resulting into any additional recurring / non-recurring expenditure by the TSP or any savings of the TSP:  the enactment, coming into effect, adoption, promulgation, amendment, modification or repeal (without re-enactment or consolidation) in India, of any Law, including rules and regulations framed pursuant to such Law, subject to the provisions under Article 12.1.2;  a change in the interpretation or application of any Law by any Indian Governmental Instrumentality having the legal power to interpret or apply such Law, or any Competent Court of Law;  the imposition of a requirement for obtaining any Consents, Clearances and Permits which was not required earlier;  a change in the terms and conditions prescribed for obtaining any Consents, Clearances and Permits or the inclusion of any new terms or conditions for obtaining such Consents, Clearances and Permits;  any change in the licensing regulations of the Commission, under which the Transmission License for the Project was granted if made applicable by such Commission to the TSP;  change in wind zone; or  any change in tax or introduction of any tax made applicable for providing Transmission Service by the TSP as per the terms of this Agreement. 12.1.2 Notwithstanding anything contained in this Agreement, Change in Law shall not cover any change: a) Taxes on corporate income; and b) Withholding tax on income or dividends distributed to the shareholders of the TSP. SPV (UNDER INCOPORATION) 47 ___, 2026Transmission Service Agreement 12.2 Relief for Change in Law 12.2.1 During Construction Period, the impact of increase/decrease in the cost of the Project on the Transmission Charges shall be governed by the formula given in Schedule 9 of this Agreement. 12.2.2 During the Operation Period: During the operation period, if as a result of Change in Law, the TSP suffers or is benefited from a change in costs or revenue, the aggregate financial effect of which exceeds 0.30% (zero point three percent) of the Annual Transmission Charges in aggregate for a Contract Year, the TSP may notify so to the Nodal Agency and propose amendments to this Agreement so as to place the TSP in the same financial position as it would have enjoyed had there been no such Change in Law resulting in change in costs or revenue as aforesaid. 12.2.3 For any claims made under Articles 12.2.1 and 12.2.2 above, the TSP shall provide to the Nodal Agency documentary proof of such increase / decrease in cost of the Project / revenue for establishing the impact of such Change in Law. In cases where Change in Law results in decrease of cost and it comes to the notice of Nodal Agency that TSP has not informed Nodal Agency about such decrease in cost, Nodal Agency may initiate appropriate claim. 12.3 Notification of Change in Law: 12.3.1 If the TSP is affected by a Change in Law in accordance with Article 12.1 and wishes to claim relief for such Change in Law under this Article 12, it shall give notice to Nodal Agency of such Change in Law as soon as reasonably practicable after becoming aware of the same. 12.3.2 The TSP shall also be obliged to serve a notice to the Nodal Agency even when it is beneficially affected by a Change in Law. 12.3.3 Any notice served pursuant to Articles 12.3.1 and 12.3.2 shall provide, amongst other things, precise details of the Change in Law and its estimated impact on the TSP. 12.4 Payment on account of Change in Law 12.4.1 The payment for Change in Law shall be through a separate Bill. However, in case of any change in Monthly Transmission Charges by reason of Change in Law, as determined in accordance with this Agreement, the Bills to be raised by the Nodal Agency after such change in Transmission Charges shall appropriately reflect the changed Monthly Transmission Charges. SPV (UNDER INCOPORATION) 48 ___, 2026Transmission Service Agreement ARTICLE: 13 13. EVENTS OF DEFAULT AND TERMINATION 13.1 TSP’s Event of Default The occurrence and continuation of any of the following events shall constitute a TSP Event of Default, unless any such TSP Event of Default occurs as a result of any non-fulfilment of its obligations as prescribed under this Agreement by the Nodal Agency or a Force Majeure Event: a. After having taken up the construction of the Project, the abandonment by the TSP or the TSP's Contractors of the construction of the Project for a continuous period of two (2) months and such default is not rectified within thirty (30) days from the receipt of notice from the Nodal Agency in this regard; b. The failure to commission any Element of the Project by the date falling six (6) months after its Scheduled COD unless extended by Nodal Agency as per provisions of this Agreement; c. If the TSP: i. assigns, mortgages or charges or purports to assign, mortgage or charge any of its assets or rights related to the Project in contravention of the provisions of this Agreement; or ii. transfers or novates any of its obligations pursuant to this Agreement, in a manner contrary to the provisions of this Agreement; Except where such transfer is in pursuance of a Law and  it does not affect the ability of the transferee to perform, and such transferee has the financial and technical capability to perform, its obligations under this Agreement;  is to a transferee who assumes such obligations under the Project and this Agreement remains effective with respect to the transferee; d. If: i. The TSP becomes voluntarily or involuntarily the subject of any bankruptcy or insolvency or winding up proceedings and such SPV (UNDER INCOPORATION) 49 ___, 2026Transmission Service Agreement proceedings remain uncontested for a period of thirty (30) days; or ii. any winding up or bankruptcy or insolvency order is passed against the TSP; or iii. the TSP goes into liquidation or dissolution or a receiver or any similar officer is appointed over all or substantially all of its assets or official liquidator is appointed to manage its affairs, pursuant to Law, Provided that a dissolution or liquidation of the TSP will not be a TSP’s Event of Default, where such dissolution or liquidation of the TSP is for the purpose of a merger, consolidation or reorganization with the prior approval of the Commission as per the provisions of Central Electricity Regulatory Commission (Procedure, terms and Conditions for grant of Transmission License and other related matters) Regulations, 2006 or as amended from time to time; or e. Failure on the part of the TSP to comply with the provisions of Article 19.1 of this Agreement; or f. the TSP repudiates this Agreement and does not rectify such breach even within a period of thirty (30) days from a notice from the Nodal Agency in this regard; or g. after Commercial Operation Date of the Project, the TSP fails to achieve monthly Target Availability of 98% for a period of six (6) consecutive months or within a non-consecutive period of six (6) months within any continuous aggregate period of eighteen(18) months except where the Availability is affected by Force Majeure Events as per Article 11; or h. any of the representations and warranties made by the TSP in Article 17 of this Agreement being found to be untrue or inaccurate. Further, in addition to the above, any of the undertakings submitted by the Selected Bidder at the time of submission of the Bid being found to be breached or inaccurate, including but not limited to undertakings from its Parent Company / Affiliates related to the minimum equity obligation; or i. the TSP fails to complete / fulfil all the activities / conditions within the specified period as per Article 3; or SPV (UNDER INCOPORATION) 50 ___, 2026Transmission Service Agreement j. except for the reasons solely attributable to Nodal Agency, the TSP is in material breach of any of its obligations under this Agreement and such material breach is not rectified by the TSP within thirty (30) days of receipt of notice in this regard from the Nodal Agency; or k. the TSP fails to take the possession of the land required for location specific substations, switching stations or HVDC terminal or inverter stations and / or fails to pay the requisite price to the parties and / or any State Government authority from whom the land is acquired, within twelve (12) months from the Effective Date. 13.2 Termination Procedure for TSP Event of Default a. Upon the occurrence and continuance of any TSP’s Event of Default under Article 13.1 the Nodal Agency may serve notice on the TSP, with a copy to the CEA and the Lenders’ Representative, of their intention to terminate this Agreement (a "Nodal Agency’s Preliminary Termination Notice"), which shall specify in reasonable detail, the circumstances giving rise to such Nodal Agency’s Preliminary Termination Notice. b. Following the issue of a Nodal Agency’s Preliminary Termination Notice, the Consultation Period shall apply and would be for the Parties to discuss as to what steps shall be taken with a view to mitigate the consequences of the relevant Event of Default having regard to all the circumstances. c. During the Consultation Period, the Parties shall, save as otherwise provided in this Agreement, continue to perform their respective obligations/ roles under this Agreement, and the TSP shall not remove any material, equipment or any part of the Project, without prior consent of the Nodal Agency. Following the expiry of the Consultation Period, unless the Parties shall have otherwise agreed to the contrary or the circumstances giving rise to Nodal Agency’s Preliminary Termination Notice shall have ceased to exist or shall have been remedied, this Agreement may be terminated by the Nodal Agency by giving a Termination Notice to the TSP, in writing, of at least seven (7) days, with a copy to CEA and the Lenders’ Representative in order to enable the Lenders to exercise right of substitution in accordance with Article 15.3 of this Agreement. Further, the Nodal Agency may also initiate proceedings to blacklist the TSP & its Affiliates from participation in any RFP issued by BPCs for a period of 5 years. SPV (UNDER INCOPORATION) 51 ___, 2026Transmission Service Agreement 13.3 Procedure for Nodal Agency’s non-fulfilment of Role a. Upon the Nodal Agency not being able to fulfil its role under Article 4.2, the TSP may serve notice on the Nodal Agency, with a copy to CEA and the Lenders’ Representative (a "TSP’s Preliminary Notice"), which notice shall specify in reasonable detail the circumstances giving rise to such non-fulfilment of role by the Nodal Agency. b. Following the issue of a TSP’s Preliminary Notice, the Consultation Period shall apply. c. The Consultation Period would be for the Parties to discuss as to what steps shall be taken with a view to mitigate the consequences of the relevant non-fulfilment of role by the Nodal Agency including giving time extension to TSP, having regard to all the circumstances. d. During the Consultation Period, both Parties shall, save as otherwise provided in this Agreement, continue to perform their respective obligations/ roles under this Agreement. 13.4 Termination due to Force Majeure 13.4.1 In case the Parties could not reach an agreement pursuant to Articles 3.3.4 and 4.4.2 of this Agreement and the Force Majeure Event or its effects continue to be present, the Nodal Agency shall have the right to cause termination of the Agreement. In case of such termination, the Contract Performance Guarantee shall be returned to the TSP as per the provisions of Article 6.5.1. 13.4.2 In case of termination of this Agreement, the TSP shall provide to the Nodal Agency the full names and addresses of its Contractors as well as complete designs, design drawings, manufacturing drawings, material specifications and technical information, as required by the Nodal Agency within thirty (30) days of Termination Notice. 13.5 Termination or amendment due to non-requirement of any Element or Project during construction 13.5.1 In case any Element or Project, which is under construction, is no longer required due to any reason whatsoever, the Nodal Agency may issue a notice to this effect to the TSP. 13.5.2 Nodal agency may also issue notice to the TSP seeking their response to the proposed termination/ amendment (as the case may be) of the Agreement. The Nodal Agency shall issue copy of such notice to Lenders. In the notice, Nodal Agency SPV (UNDER INCOPORATION) 52 ___, 2026Transmission Service Agreement shall also include an assessment of the physical progress made by TSP in the Element/ Project (as the case may be) that is no longer required. 13.5.3 The TSP shall neither carry out further investment nor carry out any work on the Element/ Project (as the case may be) that is no longer required after delivery of the notice. 13.5.4 After taking into account the comments of the TSP, the Nodal Agency may terminate the Agreement or amend it if both Parties agree to the amendment. 13.6 Revocation of the Transmission License 13.6.1 The Commission may, as per the provisions of the Electricity Act, 2003, revoke the Transmission License of the ISTS Licensee. Further, in such a case, the Agreement shall be deemed to have been terminated. 13.7 Termination Payment 13.7.1 If Agreement is terminated on account of Force Majeure Events, non-requirement of any Element or Project during Construction, Nodal Agency’s non-fulfilment of Role & TSP’s Event of Default, the TSP shall be entitled for Termination Payment equivalent to valuation of Project Assets. Upon payment, the Nodal Agency shall take over the Project Assets. SPV (UNDER INCOPORATION) 53 ___, 2026Transmission Service Agreement ARTICLE: 14 14. LIABILITY AND INDEMNIFICATION 14.1 Indemnity 14.1.1 The TSP shall indemnify, defend and hold the Nodal Agency harmless against: (a) any and all third party claims, actions, suits or proceedings against the Nodal Agency for any loss of or damage to property of such third party, or death or injury to such third party, arising out of a breach by the TSP of any of its obligations under this Agreement, except to the extent that any such claim, action, suit or proceeding has arisen due to a negligent act or omission, breach of this Agreement or non-fulfilment of statutory duty on the part of Nodal Agency; and (b) any and all losses, damages, costs and expenses including legal costs, fines, penalties and interest actually suffered or incurred by the Nodal Agency from third party claims arising by reason of: i. a breach by the TSP of any of its obligations under this Agreement, (provided that this Article 14 shall not apply to such breaches by the TSP, for which specific remedies have been provided for under this Agreement) except to the extent that any such losses, damages, costs and expenses including legal costs, fines, penalties and interest (together to constitute “Indemnifiable Losses”) has arisen due to a negligent act or omission, breach of this Agreement or non- fulfilment of statutory duty on the part of the Nodal Agency, or ii. any of the representations and warranties of the TSP under this Agreement being found to be inaccurate or untrue. 14.1.2 The Nodal Agency shall, in accordance with the Regulations framed by CERC in this regard, indemnify, defend and hold the TSP harmless against: (a) any and all third party claims, actions, suits or proceedings against the TSP, for any loss of or damage to property of such third party, or death or injury to such third party, arising out of any material breach by the Nodal Agency of any of their roles under this Agreement, except to the extent that any such claim, action, suit or proceeding has arisen due to a negligent act or omission, breach of this Agreement or breach of statutory duty on the part of the TSP, its Contractors, servants or agents; and SPV (UNDER INCOPORATION) 54 ___, 2026Transmission Service Agreement (b) any and all losses, damages, costs and expenses including legal costs, fines, penalties and interest (‘Indemnifiable Losses’) actually suffered or incurred by the TSP from third party claims arising by reason of: i. any material breach by the Nodal Agency of any of its roles under this Agreement (provided that, this Article 14 shall not apply to such breaches by the Nodal Agency, for which specific remedies have been provided for under this Agreement), except to the extent that any such Indemnifiable Losses have arisen due to a negligent act or omission, breach of this Agreement or breach of statutory duty on the part of the TSP, its Contractors, servants or agents or ii. any of the representations and warranties of the Nodal Agency under this Agreement being found to be inaccurate or untrue. 14.2 Patent Indemnity: 14.2.1 (a) The TSP shall, subject to the Nodal Agency’s compliance with Article 14.2.1 (b), indemnify and hold harmless the Nodal Agency and its employees and officers from and against any and all suits, actions or administrative proceedings, claims, demands, losses, damages, costs, and expenses of whatsoever nature, including attorney’s fees and expenses, which the Nodal Agency may suffer as a result of any infringement or alleged infringement of any patent, utility model, registered design, trademark, copyright or other intellectual property right registered or otherwise existing at the date of the Agreement by reason of the setting up of the Project by the TSP. Such indemnity shall not cover any use of the Project or any part thereof other than for the purpose indicated by or to be reasonably inferred from the Agreement, any infringement resulting from the misuse of the Project or any part thereof, or any products produced in association or combination with any other equipment, plant or materials not supplied by the TSP, pursuant to the Agreement. (b) If any proceedings are brought or any claim is made against the Nodal Agency arising out of the matters referred to in Article 14.2.1(a), the Nodal Agency shall promptly give the TSP a notice thereof, and the TSP shall at its own expense take necessary steps and attend such proceedings or claim and any negotiations for the settlement of any such proceedings or claim. The TSP shall promptly notify the Nodal Agency of all actions taken in such proceedings or claims. SPV (UNDER INCOPORATION) 55 ___, 2026Transmission Service Agreement (c) If the TSP fails to notify the Nodal Agency within twenty-eight (28) days after receipt of such notice from the Nodal Agency under Article 14.2.1(b) above, that it intends to attend any such proceedings or claim, then the Nodal Agency shall be free to attend the same on their own behalf at the cost of the TSP. Unless the TSP has so failed to notify the Nodal Agency within the twenty eight (28) days period, the Nodal Agency shall make no admission that may be prejudicial to the defence of any such proceedings or claims. (d) The Nodal Agency shall, at the TSP’s request, afford all available assistance to the TSP in attending to such proceedings or claim, and shall be reimbursed by the TSP for all reasonable expenses incurred in so doing. 14.2.2 (a) The Nodal Agency, in accordance with the Regulations framed by CERC in this regard, subject to the TSP’s compliance with Article 14.2.2(b) shall indemnify and hold harmless the TSP and its employees, officers from and against any and all suits, actions or administrative proceedings, claims, demands, losses, damages, costs and expenses of whatsoever nature, including attorney’s fees and expenses, which the TSP may suffer as a result of any infringement or alleged infringement of any patent, utility model, registered design, trademark, copyright or other intellectual property right registered or otherwise existing at the date of the Agreement by reason of the setting up of the Project by the TSP. (b) If any proceedings are brought or any claim is made against the TSP arising out of the matters referred to in Article 14.2.2 (a) the TSP shall promptly give the Nodal Agency a notice thereof, and the Nodal Agency shall at its own expense take necessary steps and attend such proceedings or claim and any negotiations for the settlement of any such proceedings or claim. The Nodal Agency shall promptly notify the TSP of all actions taken in such proceedings or claims. (c) If the Nodal Agency fails to notify the TSP within twenty-eight (28) days after receipt of such notice from the TSP under Article 14.2.2(b) above, that it intends to attend any such proceedings or claim, then the TSP shall be free to attend the same on its own behalf at the cost of the Nodal Agency. Unless the Nodal Agency has so failed to notify the TSP within the twenty (28) days period, the TSP shall make no admission that may be prejudicial to the defence of any such proceedings or claim. (d) The TSP shall, at the Nodal Agency request, afford all available assistance to SPV (UNDER INCOPORATION) 56 ___, 2026Transmission Service Agreement the Nodal Agency in attending to such proceedings or claim, and shall be reimbursed by the Nodal Agency for all reasonable expenses incurred in so doing. 14.3 Monetary Limitation of liability 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount Rs.3.80 Crore (Rupees Three Crore and Eighty Lakh Only). 14.4 Procedure for claiming indemnity 14.4.1 Where the Indemnified Party is entitled to indemnification from the Indemnifying Party pursuant to Articles 14.1 or 14.2 the Indemnified Party shall promptly notify the Indemnifying Party of such claim, proceeding, action or suit referred to in Articles 14.1 or 14.2 in respect of which it is entitled to be indemnified. Such notice shall be given as soon as reasonably practicable after the Indemnified Party becomes aware of such claim, proceeding, action or suit. The Indemnifying Party shall be liable to settle the indemnification claim within thirty (30) days of receipt of the above notice. Provided however that, if: i. the Parties choose to contest, defend or litigate such claim, action, suit or proceedings in accordance with Article 14.4.3 below; and ii. the claim amount is not required to be paid/deposited to such third party pending the resolution of the Dispute, the Indemnifying Party shall become liable to pay the claim amount to the Indemnified Party or to the third party, as the case may be, promptly following the resolution of the Dispute, if such Dispute is not settled in favour of the Indemnified Party. 14.4.2 The Indemnified Party may contest, defend and litigate a claim, action, suit or proceeding for which it is entitled to be indemnified under Articles 14.1 or 14.2 and the Indemnifying Party shall reimburse to the Indemnified Party all reasonable costs and expenses incurred by the Indemnified Party. However, such Indemnified Party shall not settle or compromise such claim, action, suit or proceedings without first getting the consent of the Indemnifying Party, which consent shall not be unreasonably withheld or delayed. 14.4.3 An Indemnifying Party may, at its own expense, assume control of the defence of any proceedings brought against the Indemnified Party if it acknowledges its obligation to indemnify such Indemnified Party, gives such Indemnified Party prompt notice of its intention to assume control of the defence, and employs an SPV (UNDER INCOPORATION) 57 ___, 2026Transmission Service Agreement independent legal counsel at its own cost that is reasonably satisfactory to the Indemnified Party. 14.5 Limitation on Liability 14.5.1 Except as expressly provided in this Agreement, neither the TSP nor the Nodal Agency nor their respective officers, directors, agents, employees or Affiliates (including, officers, directors, agents or employees of such Affiliates), shall be liable or responsible to the other Party or its Affiliates including its officers, directors, agents, employees, successors, insurers or permitted assigns for incidental, indirect or consequential, punitive or exemplary damages, connected with or resulting from performance or non-performance of this Agreement, or anything done in connection herewith, including claims in the nature of lost revenues, income or profits (other than payments expressly required and properly due under this Agreement), any increased expense of, reduction in or loss of transmission capacity or equipment used therefore, irrespective of whether such claims are based upon breach of warranty, tort (including negligence, whether of the Nodal Agency, the TSP or others), strict liability, contract, breach of statutory duty, operation of law or otherwise. 14.5.2 The Nodal Agency shall have no recourse against any officer, director or shareholder of the TSP or any Affiliate of the TSP or any of its officers, directors or shareholders for such claims excluded under this Article. The TSP shall also have no recourse against any officer, director or shareholder of the Nodal Agency, or any Affiliate of the Nodal Agency or any of its officers, directors or shareholders for such claims excluded under this Article. 14.6 Duty to Mitigate The party entitled to the benefit of an indemnity under this Article 14 shall take all reasonable measures to mitigate any loss or damage which has occurred. If the Party fails to take such measures, the other Party’s liabilities shall be correspondingly reduced. SPV (UNDER INCOPORATION) 58 ___, 2026Transmission Service Agreement ARTICLE: 15 15. ASSIGNMENTS AND CHARGES 15.1 Assignments: 15.1.1 This Agreement shall be binding upon, and inure to the benefit of the Parties and their respective successors and permitted assigns. This Agreement shall not be assigned by any Party, except as provided in Article 15.3. 15.2 Permitted Charges: 15.2.1 Neither Party shall create or permit to subsist any encumbrance over all or any of its rights and benefits under this Agreement. 15.2.2 However, the TSP may create any encumbrance over all or part of the receivables, or the Project Assets of the Project in favour of the Lenders or the Lenders’ Representative on their behalf, as security for amounts payable under the Financing Agreements and any other amounts agreed by the Parties. Provided that: i. the Lenders or the Lenders’ Representative on their behalf shall have entered into the Financing Agreements and agreed in writing to the provisions of this Agreement; and ii. any encumbrance granted by the TSP in accordance with this Article 15.2.2 shall contain provisions pursuant to which the Lenders or the Lender’s Representative on their behalf agrees unconditionally with the TSP to release from such encumbrances upon payment by the TSP to the Lenders of all amounts due under the Financing Agreements. 15.2.3 Article 15.2.1 does not apply to: a. liens arising by operation of law (or by an agreement evidencing the same) in the ordinary course of the TSP developing and operating the Project; SPV (UNDER INCOPORATION) 59 ___, 2026Transmission Service Agreement b. pledges of goods, the related documents of title and / or other related documents, arising or created in the ordinary course of the TSP developing and operating the Project; or c. security arising out of retention of title provisions in relation to goods acquired in the ordinary course of the TSP developing and operating the Project. 15.3 Substitution Rights of the Lenders 15.3.1 The TSP would need to operate and maintain the Project under the provisions of this Agreement and cannot assign the Transmission License or transfer the Project or part thereof to any person by sale, lease, exchange or otherwise, without the prior approval of the Nodal Agency. 15.3.2 However, in the case of default by the TSP in debt repayments or in the case of default by the TSP as per Article 13 of this Agreement during the debt repayments, the Commission may, on an application from the Lenders, assign the Transmission License to the nominee of the Lenders subject to the fulfilment of the qualification requirements and provisions of the Central Electricity Regulatory Commission (Procedure, terms and Conditions for grant of Transmission License and other related matters) Regulations, 2006 and as amended from time to time. SPV (UNDER INCOPORATION) 60 ___, 2026Transmission Service Agreement ARTICLE: 16 16. GOVERNING LAW AND DISPUTE RESOLUTION 16.1 Governing Law: This Agreement shall be governed by and construed in accordance with the Laws of India. Any legal proceedings in respect of any matters, claims or disputes under this Agreement shall be under the jurisdiction of appropriate courts in Delhi. 16.2 Amicable Settlement: 16.2.1 Either Party is entitled to raise any claim, dispute or difference of whatever nature arising under, out of or in connection with this Agreement, including its existence or validity or termination or whether during the execution of the Project or after its completion and whether prior to or after the abandonment of the Project or termination or breach of the Agreement by giving a written notice to the other Party, which shall contain: (i) a description of the Dispute; (ii) the grounds for such Dispute; and (iii) all written material in support of its claim. 16.2.2 The other Party shall, within thirty (30) days of issue of notice issued under Article 16.2.1, furnish: (i) counter-claim and defences, if any, regarding the Dispute; and (ii) all written material in support of its defences and counter-claim. 16.2.3 Within thirty (30) days of issue of notice by the Party pursuant to Article 16.2.1, if the other Party does not furnish any counter claim or defense under Article 16.2.2, or thirty (30) days from the date of furnishing counter claims or defence by the other Party, both the Parties to the Dispute shall meet to settle such Dispute amicably. If the Parties fail to resolve the Dispute amicably within thirty (30) days from the later of the dates mentioned in this Article 16.2.3, the Dispute shall be referred for dispute resolution in accordance with Article 16.3. 16.3 Dispute Resolution: All Disputes shall be adjudicated by the Commission. SPV (UNDER INCOPORATION) 61 ___, 2026Transmission Service Agreement 16.4 Parties to Perform Obligations: Notwithstanding the existence of any Dispute and difference referred to the Commission as provided in Article 16.3 and save as the Commission may otherwise direct by a final or interim order, the Parties hereto shall continue to perform their respective obligations/ roles (which are not in dispute) under this Agreement. SPV (UNDER INCOPORATION) 62 ___, 2026Transmission Service Agreement ARTICLE: 17 17. REPRESENTATION AND WARRANTIES 17.1 Representation and warranties of the Nodal Agency 17.1.1 The Nodal Agency hereby represents and warrants to and agrees with the TSP as follows and acknowledges and confirms that the TSP is relying on such representations and warranties in connection with the transactions described in this Agreement: a. It has all requisite powers and authority to execute and consummate this Agreement; b. This Agreement is enforceable against the Nodal Agency in accordance with its terms; c. The consummation of the transactions contemplated by this Agreement on the part of Nodal Agency will not violate any provision of nor constitute a default under, nor give rise to a power to cancel any charter, mortgage, deed of trust or lien, lease, agreement, license, permit, evidence of indebtedness, restriction, or other contract to which the Nodal Agency is a Party or to which the Nodal Agency is bound, which violation, default or power has not been waived; 17.2 Representation and Warranties of the TSP: 17.2.1 The TSP hereby represents and warrants to and agrees with the Nodal Agency as follows and acknowledges and confirms that the Nodal Agency is relying on such representations and warranties in connection with the transactions described in this Agreement: a. It has all requisite powers and has been duly authorized to execute and consummate this Agreement; b. This Agreement is enforceable against it, in accordance with its terms; c. The consummation of the transactions contemplated by this Agreement on the part of the TSP will not violate any provision of nor constitute a default under, nor give rise to a power to cancel any charter, mortgage, deed of trust or lien, lease, agreement, license, permit, evidence of indebtedness, restriction, or other contract to which the TSP is a Party or to which the TSP is bound which violation, default or power has not been waived; SPV (UNDER INCOPORATION) 63 ___, 2026Transmission Service Agreement d. The TSP is not insolvent and no insolvency proceedings have been instituted, nor threatened or pending by or against the TSP; e. There are no actions, suits, claims, proceedings or investigations pending or, to the best of the TSP’s knowledge, threatened in writing against the TSP at law, in equity, or otherwise, and whether civil or criminal in nature, before or by, any court, commission, arbitrator or governmental agency or authority, and there are no outstanding judgments, decrees or orders of any such courts, commission, arbitrator or governmental agencies or authorities, which materially adversely affect its ability to execute the Project or to comply with its obligations under this Agreement. 17.2.2 The TSP makes all the representations and warranties above to be valid as on the Effective Date of this Agreement. SPV (UNDER INCOPORATION) 64 ___, 2026Transmission Service Agreement ARTICLE: 18 18. INDEPENDENT ENGINEER 18.1 Appointment of Independent Engineer The Nodal Agency shall appoint an agency/ company as Independent Engineer as per framework provided in the Guidelines for Encouraging Competition in Development of Transmission Projects for selection of Independent Engineer. 18.2 Roles and functions of Independent Engineer The role and functions of the Independent Engineer shall include the following: a. Progress Monitoring as required under this Agreement; b. Ensuring Quality as required under this Agreement; c. determining, as required under the Agreement, the costs of any works or services and/or their reasonableness during construction phase; d. determining, as required under the Agreement, the period or any extension thereof, for performing any duty or obligation during construction phase; e. determining, as required under the Agreement, the valuation of the Project Assets. f. Assisting the Parties in resolution of Disputes and g. Undertaking all other duties and functions in accordance with the Agreement. 18.3 Remuneration of Independent Engineer The fee and charges of the Independent Engineer shall be paid by the Nodal Agency as per terms & conditions of appointment. 18.4 Termination of appointment 18.4.1 The Nodal Agency may, in its discretion, terminate the appointment of the Independent Engineer at any time, but only after appointment of another Independent Engineer. 18.4.2 If the TSP has reason to believe that the Independent Engineer is not discharging its duties and functions in a fair, efficient and diligent manner, it may make a written representation to the Nodal Agency and seek termination of the appointment of the SPV (UNDER INCOPORATION) 65 ___, 2026Transmission Service Agreement Independent Engineer. Upon receipt of such representation, the Nodal Agency shall hold a tripartite meeting with the TSP and Independent Engineer for an amicable resolution, and the decision of Nodal agency is final. In the event that the appointment of the Independent Engineer is terminated hereunder, the Nodal Agency shall appoint forthwith another Independent Engineer. 18.5 Authorised signatories The Nodal Agency shall require the Independent Engineer to designate and notify to the Nodal Agency up to 2 (two) persons employed in its firm to sign for and on behalf of the Independent Engineer, and any communication or document required to be signed by the Independent Engineer shall be valid and effective only if signed by any of the designated persons; provided that the Independent Engineer may, by notice in writing, substitute any of the designated persons by any of its employees. SPV (UNDER INCOPORATION) 66 ___, 2026Transmission Service Agreement ARTICLE: 19 19. MISCELLANEOUS PROVISIONS 19.1 Equity Lock-in Commitment: 19.1.1 The aggregate equity share holding of the Selected Bidder in the issued and paid up equity share capital of SPV (UNDER INCORPORATION) shall not be less than Fifty one percent (51%) up to a period of one (1) year after COD of the Project. Provided that, in case the Lead Member or Bidding Company is holding equity through Affiliate/s, Ultimate Parent Company or Parent Company, such restriction as specified above shall apply to such entities. Provided further, that in case the Selected Bidder is a Bidding Consortium, the Lead Member shall continue to hold equity of at least twenty six percent (26%) upto a period of one (1) year after COD of the Project and any Member of such Bidding Consortium shall be allowed to divest its equity as long as the other remaining Members (which shall always include the Lead Member) hold the minimum equity specified above. 19.1.2 If equity is held by the Affiliates, Parent Company or Ultimate Parent Company of the Selected Bidder, then, subject to the second proviso to Article 19.1.1, such Affiliate, Parent Company or Ultimate Parent Company shall be eligible to transfer its shareholding in SPV (UNDER INCORPORATION) to another Affiliate or to the Parent Company / Ultimate Parent Company of the Selected Bidder. If any such shareholding entity, qualifying as an Affiliate / Parent Company / Ultimate Parent Company, is likely to cease to meet the criteria to qualify as an Affiliate / Parent Company / Ultimate Parent Company, the shares held by such entity shall be transferred to another Affiliate / Parent Company / Ultimate Parent Company of the Selected Bidder. 19.1.3 Subject to Article 19.1.1, all transfer(s) of shareholding of SPV (UNDER INCORPORATION) by any of the entities referred to in Article 19.1.1 and 19.1.2 above, shall be after prior written intimation to the Nodal Agency. 19.1.4 For computation of effective Equity holding, the Equity holding of the Selected Bidder or its Ultimate Parent Company in such Affiliate(s) or Parent Company and the equity holding of such Affiliate(s) or Ultimate Parent Company in SPV (UNDER INCORPORATION) shall be computed in accordance with the example given below: If the Parent Company or the Ultimate Parent Company of the Selected Bidder A SPV (UNDER INCOPORATION) 67 ___, 2026Transmission Service Agreement directly holds thirty percent (30%) of the equity in SPV (UNDER INCORPORATION), then holding of Selected Bidder A in SPV (UNDER INCORPORATION) shall be thirty percent (30%); If Selected Bidder A holds thirty percent (30%) equity of the Affiliate and the Affiliate holds fifty percent (50%) equity in SPV (UNDER INCORPORATION), then, for the purposes of ascertaining the minimum equity/equity lock-in requirements specified above, the effective holding of Bidder A in SPV (UNDER INCORPORATION) shall be fifteen percent (15%), (i.e., 30% x 50%) 19.1.5 The provisions as contained in this Article 19.1 shall override the terms of the consortium agreement submitted as part of the Bid. 19.1.6 The TSP shall be responsible to report to Nodal Agency, within thirty (30) days from the occurrence of any event that would result in any change in its equity holding structure from that which existed as on the date of signing of the Share Purchase Agreement. In such cases, the Nodal Agency would reserve the right to ascertain the equity holding structure and to call for all such required documents / information / clarifications as may be required. 19.2 Commitment of maintaining Qualification Requirement 19.2.1 The Selected Bidder will be required to continue to maintain compliance with the Qualification Requirements, as stipulated in RFP Document, till the COD of the Project. Where the Technically Evaluated Entity and/or the Financially Evaluated Entity is not the Bidding Company or a Member in a Bidding Consortium, as the case may be, the Bidding Company or Member shall continue to be an Affiliate of the Technically Evaluated Entity and/or Financially Evaluated Entity till the COD of the Project. 19.2.2 Failure to comply with the aforesaid provisions shall be dealt in the same manner as TSP’s Event of Default as under Article 13 of this Agreement. 19.3 Language: 19.3.1 All agreements, correspondence and communications between the Parties relating to this Agreement and all other documentation to be prepared and supplied under the Agreement shall be written in English, and the Agreement shall be construed and interpreted in accordance with English language. 19.3.2 If any of the agreements, correspondence, communications or documents are prepared in any language other than English, the English translation of such agreements, correspondence, communications or documents shall prevail in SPV (UNDER INCOPORATION) 68 ___, 2026Transmission Service Agreement matters of interpretation. 19.4 Affirmation The TSP and the Nodal Agency, each affirm that: 1. neither it nor its respective directors, employees, or agents has paid or undertaken to pay or shall in the future pay any unlawful commission, bribe, pay-off or kick-back; and 2. it has not in any other manner paid any sums, whether in Indian currency or foreign currency and whether in India or abroad to the other Party to procure this Agreement, and the TSP and the Nodal Agency hereby undertake not to engage in any similar acts during the Term of Agreement. 19.5 Severability The invalidity or enforceability, for any reason, of any part of this Agreement shall not prejudice or affect the validity or enforceability of the remainder of this Agreement, unless the part held invalid or unenforceable is fundamental to this Agreement. 19.6 Counterparts This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which collectively shall be deemed one and the same Agreement. 19.7 Breach of Obligations/ Roles The Parties acknowledge that a breach of any of the obligations/ roles contained herein would result in injuries. The Parties further acknowledge that the amount of the liquidated damages or the method of calculating the liquidated damages specified in this Agreement is a genuine and reasonable pre-estimate of the damages that may be suffered by the non-defaulting Party in each case specified under this Agreement 19.8 Restriction of Shareholders / Owners Liability 19.8.1 Parties expressly agree and acknowledge that none of the shareholders of the Parties hereto shall be liable to the other Parties for any of the contractual obligations of the concerned Party under this Agreement. 19.8.2 Further, the financial liabilities of the shareholder(s) of each Party to this Agreement shall be restricted to the extent provided in the Indian Companies Act, 1956 / SPV (UNDER INCOPORATION) 69 ___, 2026Transmission Service Agreement Companies Act, 2013 (as the case may be). 19.9 Taxes and Duties: 19.9.1 The TSP shall bear and promptly pay all statutory taxes, duties, levies and cess, assessed/levied on the TSP, its Contractors or their employees that are required to be paid by the TSP as per the Law in relation to the execution of the Project and for providing Transmission Service as per the terms of this Agreement. 19.9.2 The Nodal Agency shall be indemnified and held harmless by the TSP against any claims that may be made against the Nodal Agency in relation to the matters set out in Article 19.9.1. 19.9.3 The Nodal Agency shall not be liable for any payment of, taxes, duties, levies, cess whatsoever for discharging any obligation of the TSP by the Nodal Agency on behalf of TSP or its personnel, provided the TSP has consented in writing to the Nodal Agency for such work, for which consent shall not be unreasonably withheld. 19.10 No Consequential or Indirect Losses The liability of the TSP shall be limited to that explicitly provided in this Agreement. Provided that, notwithstanding anything contained in this Agreement, under no event shall the Nodal Agency or the TSP claim from one another any indirect or consequential losses or damages. 19.11 Discretion: Except where this Agreement expressly requires a Party to act fairly or reasonably, a Party may exercise any discretion given to it under this Agreement in any way it deems fit. 19.12 Confidentiality 19.12.1 The Parties undertake to hold in confidence this Agreement and RFP Project Documents and not to disclose the terms and conditions of the transaction contemplated hereby to third parties, except: (a) to their professional advisors; (b) to their officers, contractors, employees, agents or representatives, financiers, who need to have access to such information for the proper performance of their activities; or (c) disclosures required under Law, SPV (UNDER INCOPORATION) 70 ___, 2026Transmission Service Agreement without the prior written consent of the other Parties. Provided that, the TSP agrees and acknowledges that the Nodal Agency, may, at any time, disclose the terms and conditions of the Agreement and the RFP Project Documents to any person, to the extent stipulated under the Law and the Competitive Bidding Guidelines. 19.13 Order of priority in application: Save as provided in Article 2.5, in case of inconsistencies between the terms and conditions stipulated in Transmission License issued by the Commission to the TSP, agreement(s) executed between the Parties, applicable Law including rules and regulations framed thereunder, the order of priority as between them shall be the order in which they are placed below:  terms and conditions of Transmission License;  applicable Law, rules and regulations framed thereunder;  this Agreement;  Agreement(s), if any, under Sharing Regulations. 19.14 Independent Entity: 19.14.1 The TSP shall be an independent entity performing its obligations pursuant to the Agreement. 19.14.2 Subject to the provisions of the Agreement, the TSP shall be solely responsible for the manner in which its obligations under this Agreement are to be performed. All employees and representatives of the TSP or Contractors engaged by the TSP in connection with the performance of the Agreement shall be under the complete control of the TSP and shall not be deemed to be employees, representatives, Contractors of the Nodal Agency and nothing contained in the Agreement or in any agreement or contract awarded by the TSP shall be construed to create any contractual relationship between any such employees, representatives or Contractors and the Nodal Agency. 19.15 Amendments: 19.15.1 This Agreement may only be amended or supplemented by a written agreement between the Parties. 19.16 Waiver: SPV (UNDER INCOPORATION) 71 ___, 2026Transmission Service Agreement 19.16.1 No waiver by either Party of any default or breach by the other Party in the performance of any of the provisions of this Agreement shall be effective unless in writing duly executed by an authorised representative of such Party. 19.16.2 Neither the failure by either Party to insist on any occasion upon the performance of the terms, conditions and provisions of this Agreement nor time or other indulgence granted by one Party to the other Parties shall act as a waiver of such breach or acceptance of any variation or the relinquishment of any such right or any other right under this Agreement, which shall remain in full force and effect. 19.17 Relationship of the Parties: This Agreement shall not be interpreted or construed to create an association, joint venture, or partnership or agency or any such other relationship between the Parties or to impose any partnership obligation or liability upon either Party and neither Party shall have any right, power or authority to enter into any agreement or undertaking for, or act on behalf of, or to act as or be an agent or representative of, or to otherwise bind, the other Party. 19.18 Entirety: 19.18.1 This Agreement along with its sections, schedules and appendices is intended by the Parties as the final expression of their agreement and is intended also as a complete and exclusive statement of the terms of their agreement. 19.18.2 Except as provided in this Agreement, all prior written or oral understandings, offers or other communications of every kind pertaining to this Agreement or the provision of Transmission Service under this Agreement to the Nodal Agency by the TSP shall stand superseded and abrogated. 19.19 Notices: 19.19.1 All notices or other communications which are required to be given under this Agreement shall be in writing and in the English language 19.19.2 If to the TSP, all notices or communications must be delivered personally or by registered post or facsimile or any other mode duly acknowledged to the addressee below: Address : Attention : Email : SPV (UNDER INCOPORATION) 72 ___, 2026Transmission Service Agreement Fax. No. : Telephone No. : 19.19.3 If to the Nodal Agency, all notices or communications must be delivered personally or by registered post or facsimile or any other mode duly acknowledged to the addresses below: (i) Central Transmission Utility of India Limited (Nodal Agency) Address : Attention : Email : Fax. No. : Telephone No. : 19.19.4 All notices or communications given by facsimile shall be confirmed by sending a copy of the same via post office in an envelope properly addressed to the appropriate Party for delivery by registered mail. All notices shall be deemed validly delivered upon receipt evidenced by an acknowledgement of the recipient, unless the Party delivering the notice can prove in case of delivery through the registered post that the recipient refused to acknowledge the receipt of the notice despite efforts of the postal authorities. 19.19.5 Any Party may by notice of at least fifteen (15) days to the other Party change the address and/or addresses to which such notices and communications to it are to be delivered or mailed. 19.20 Fraudulent and Corrupt Practices 19.20.1 The TSP and its respective officers, employees, agents and advisers shall observe the highest standard of ethics during the subsistence of this Agreement. Notwithstanding anything to the contrary contained in the Agreement, the Nodal Agency may terminate the Agreement without being liable in any manner whatsoever to the TSP, if it determines that the TSP has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice in the Bid process. In such an event, the Nodal Agency shall forfeit the Contract Performance Guarantee of the TSP, without prejudice to any other right or remedy that may be available to the Nodal Agency hereunder or subsistence otherwise. 19.20.2 Without prejudice to the rights of the Nodal Agency under Clause 19.20.1 hereinabove and the rights and remedies which the Nodal Agency may have under SPV (UNDER INCOPORATION) 73 ___, 2026Transmission Service Agreement this Agreement, if a TSP is found by the Nodal Agency to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bid process, or after the issue of Letter of Intent (hereinafter referred to as LoI) or after the execution of the agreement(s) required under Sharing Regulations, the Nodal Agency may terminate the Agreement without being liable in any manner whatsoever to the TSP. Further, the TSP & its Affiliates shall not be eligible to participate in any tender or RFP issued by any BPC for an indefinite period from the date such TSP is found by the Nodal Agency to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practices, as the case may be. 19.20.3 For the purposes of this Clause 19.20, the following terms shall have the meaning hereinafter respectively assigned to them: (a) “corrupt practice” means (i) the offering, giving, receiving, or soliciting, directly or indirectly, of anything of value to influence the actions of any person connected with the Bid process (for avoidance of doubt, offering of employment to or employing or engaging in any manner whatsoever, directly or indirectly, any official of the BPC who is or has been associated or dealt in any manner, directly or indirectly with the Bid process or the LoI or has dealt with matters concerning the RFP Project Documents or arising there from, before or after the execution thereof, at any time prior to the expiry of one year from the date such official resigns or retires from or otherwise ceases to be in the service of the BPC, shall be deemed to constitute influencing the actions of a person connected with the Bid Process); or (ii) engaging in any manner whatsoever, whether during the Bid Process or after the issue of the LoI or after the execution of the RFP Project Documents, as the case may be, any person in respect of any matter relating to the Project or the LoI or the RFP Project Documents, who at any time has been or is a legal, financial or technical adviser of the BPC in relation to any matter concerning the Project; (b)“fraudulent practice” means a misrepresentation or omission of facts or suppression of facts or disclosure of incomplete facts, in order to influence the Bid process; (c) “coercive practice” means impairing or harming, or threatening to impair or harm, directly or indirectly, any person or property to influence any person’s participation or action in the Bid process; (d) “undesirable practice” means (i) establishing contact with any person connected with or employed or engaged by the BPC with the objective of canvassing, lobbying SPV (UNDER INCOPORATION) 74 ___, 2026Transmission Service Agreement or in any manner influencing or attempting to influence the Bid process; or (ii) having a Conflict of Interest; and (e) “restrictive practice” means forming a cartel or arriving at any understanding or arrangement among Bidders with the objective of restricting or manipulating a full and fair competition in the Bid process; 19.21 Compliance with Law: Despite anything contained in this Agreement but without prejudice to Article 12, if any provision of this Agreement shall be in deviation or inconsistent with or repugnant to the provisions contained in the Electricity Act, 2003, or any rules and regulations made there under, such provision shall be deemed to be amended to the extent required to bring it into compliance with the aforesaid relevant provisions as amended from time to time. IN WITNESS WHEREOF, THE PARTIES HAVE CAUSED THIS AGREEMENT TO BE EXECUTED BY THEIR DULY AUTHORISED REPRESENTATIVES AS OF THE DATE AND PLACE SET FORTH ABOVE. 1. For and on behalf of TSP …………………………….. [Signature, Name, Designation and Address] 2. For and on behalf of Central Transmission Utility of India Limited (Nodal Agency) …………………………….. [Signature, Name, Designation and Address] WITNESSES: 1. For and on behalf of : BPC …………………………… [Signature] ............................................................... SPV (UNDER INCOPORATION) 75 ___, 2026Transmission Service Agreement [Insert, Name, Designation and Address of the Witness] 2. For and on behalf of : Nodal Agency …………………………… [Signature] ........................................................... [Insert Name, Designation and Address of the Witness] SPV (UNDER INCOPORATION) 76 ___, 2026Transmission Service Agreement SCHEDULES SPV (UNDER INCOPORATION) 77 ___, 2026Transmission Service Agreement Schedule: 1 Project Description and Scope of Project A. Description of the Transmission Scheme The transmission scheme comprises “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220 kV Fatehgarh-II PS”. As per the discussion of 71st NRPC meeting held on 20.01.2024, it was deliberated that RE power is being integrated at very fast pace and the to ensure grid stability and provide inertial support in RE Complex a committee of members from CEA, NRPC, NRLDC, CTU and STU was constituted to do the futuristic analysis for requirement of Synchronous Condensers based on the inertia considerations for Northern Region. Subsequently, various committee meetings were held highlighting various technological options available and suitability of SynCons under different system requirements. Further, a methodology was adopted to identify the optimal location for installation of SynCons, which includes low SCR (<5), proximity of HVDC station, dynamic compensation requirement, real time grid issues etc. Based on above criterion committee recommended SynCons at various RE pooling stations in Rajasthan incl. SynCon at Fatehgarh-II S/s. Grid India in 36th CMETS-NR meeting also highlighted that they have observed sustained oscillations on real time basis at Fatehgarh-II PS. The scheme includes the installation of 2 Nos. of Synchronous Condenser (SynCon) units (each unit of +300/-200 MVAr) at 400 kV level of 765/400/220 kV Fatehgarh-II PS along with the 2 Nos. of 400 kV bays. Above scheme has been discussed and agreed in 36th CMETS-NR meeting held on 15.01.2025, 55th TCC & 80th NRPC meeting held on 17-18th July 2025. Further, the transmission scheme was also discussed in 32nd NCT meeting held on 12th Aug’25 and later agreed in 33rd NCT meeting held on 16th September 2025. Subsequently, Ministry of Power, Government of India, vide its Gazette notification dated 03.11.2025 declared the establishment of “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” through tariff based competitive bidding route. B. Detailed Scope of Work S. Name of Transmission Element Scheduled No COD in . months from Effective Date 2 nos. of Synchronous Condensers (SynCon) units* at 400kV 30 months level of 765/400/220kV Fatehgarh-II PS along with 2 nos. of from the date 400kV bays. of allocation SPV (UNDER INCOPORATION) 78 ___, 2026Transmission Service Agreement S. Name of Transmission Element Scheduled No COD in . months from Effective Date  Synchronous Condenser units- 2 Nos.  400kV Bay- 2 Nos. *1 No. of SynCon unit comprises dynamic support of +300MVAr/-200MVAr (Minimum) & Short Circuit contribution at PCC of 1200MVA (Minimum) Notes: i. POWERGRID shall provide space (free of cost) for 2 Nos. (SynCon) units at Fatehgarh II PS along with 2 Nos. of 400 kV bays SPV (UNDER INCOPORATION) 79 ___, 2026Transmission Service Agreement C. Transmission Grid Map Transmission Grid Map indicating the location of the Project is as below. SPV (UNDER INCOPORATION) 80 ___, 2026Transmission Service Agreement LOCATION DETAILS OF EXISTING / PLANNED SUBSTATIONS a) Fatehgarh-II PS : 26°42'18.4" N, 71°16'34.4" E Note: It is to clarify that coordinates/location of S/s indicated is approximate nearby control room building. Exact coordinates for the corresponding bays/gantry for termination of the respective line shall be finalized by the bidder in coordination with site. SPV (UNDER INCOPORATION) 81 ___, 2026Transmission Service Agreement Annexure - A SPECIFIC TECHNICAL REQUIREMENTS FOR SUBSTATION Extension of 765/400/220 kV Fatehgarh-II PS shall be Air Insulated Switchgear (AIS) type generally conforming to the requirements of CEA (Technical Standards for Construction of Electrical Plants and Electric Lines) Regulations 2022, as amended from time to time. Other CEA Regulations/guidelines as amended up to date and MoP guidelines, as applicable, shall also be followed. A.1.0 Salient features of Substation Equipment and Facilities The design and specification of substation equipment are to be governed by the following factors: A.1.1 Insulation Coordination The system design parameters for substations/switchyards shall be as given below: S. Description of parameters Extn. of 765/400/220 kV No. Fatehgarh-II PS N 400 kV System 1. System Operating Voltage 400 kV 2. Maximum voltage of the system (rms) 420 kV 3. Rated Frequency 50 Hz 4. No. of Phases 3 5. Corona Extinction Voltage 320 kV 6. Max. radio interference voltage for frequency 1000 micro-volts at between 0.5 MHz and 2 MHz 266 kV rms 7. Minimum creepage distance for insulator string/ 13020 mm (31 mm/kV) longrod insulators/ outdoor bushings 8. Minimum creepage distance for switchyard 10500 mm (25 mm/kV) equipment 9. Max. fault current 63 kA 10. Duration of fault 1 Sec A.1.2 Switching Scheme The switching schemes, as mentioned below, shall be adopted at various voltage levels of substation/switchyard: Substation 400 kV side Extn. of 765/400/220kV Fatehgarh-II PS One and half breaker Notes: - SPV (UNDER INCOPORATION) 82 ___, 2026Transmission Service Agreement (i) For one and half breaker switching scheme, any double circuit line consisting of two numbers of feeders and originating from the same transmission or generating switchyard shall not be terminated in one diameter. (ii) A diameter in one and half breaker scheme is a set of 3 circuit breakers with associated isolators, earth switches, current transformers etc. for controlling 2 (two) numbers of feeders. (iii) In one and half breaker scheme, both main bay and tie bay shall be completed for controlling a feeder. Further, all associated interconnection work shall also be in the present scope of TSP. (iv) Augmentation of Fatehgarh-II PS : For installation of 2 Nos. Synchronous Condenser, one unit shall be installed in existing diameter and second unit shall be installed in new diameter at Fatehgarh-II PS. Accordingly, one number of main bay (bay No. 409) and one number half diameter consisting of Main and associated Tie Bay (412- Main Bay & 411- Tie Bay) shall be constructed under present scope at Fatehgarh-II PS. Bidder may refer the existing single line diagram (SLD) of Fatehgarh-II PS attached with the RfP. Additionally, the designated space (approx. 90 m 140 m) available for installation of 2 * (two) Nos. synchronous condensers is highlighted in red in the GA layout of Fatehgarh-II PS attached with the RfP. Further, all associated interconnection work shall also be in the present scope of TSP. A.2.0 Substation Equipment and facilities (Voltage level as applicable): The switchgear shall be designed and specified to withstand operating conditions and duty requirements. All equipment shall be designed considering the following capacity. S. Description of bay Extn. of 765/400/220 kV Fatehgarh-II PS No. 400 kV 1. Bus Bar As per existing 2. Synchronous Condenser Bay 3150 A A.2.1 400 kV AIS Substation equipment (as applicable) A.2.1.1 Circuit Breakers (AIS) The circuit breakers and accessories shall conform to IEC: 62271-100, IEC: 62271-1 and shall be of SF6 Type. The circuit breakers shall be of class C2-M2 (as per IEC) with regard to restrike probability during capacitive current breaking and mechanical endurance. The rated break time shall not exceed 40 ms for 400 kV circuit breakers. 400 kV Circuit breakers shall be provided with single phase and three phase auto reclosing. Each breaker would have two sets of trip circuits which would be connected to separate DC supplies for greater reliability. The short line fault capacity shall be same as the rated capacity, and this is proposed to be achieved without use of opening resistors. The controlled switching device shall be provided in Circuit breakers of switchable line reactor bay and in Main and Tie bay SPV (UNDER INCOPORATION) 83 ___, 2026Transmission Service Agreement circuit breakers of line with non-switchable line reactors, Bus Reactors and Transformers of voltage class 400 kV and above. A.2.1.2 Isolators (AIS) The Isolators shall comply with IEC 62271-102 in general. 400 kV Isolators shall be double break type. All Isolators and earth switches shall be motor operated. Earth switches shall be provided at various locations to facilitate maintenance. Isolator rated for 400 kV shall be of extended mechanical endurance class - M2 as per IEC-62271-102. Main blades and earth blades shall be interlocked, and interlock shall be fail safe type. 400 kV earth switch for line isolator shall be suitable for induced current switching duty as defined for Class-B. A.2.1.3 Current Transformers (AIS) Current Transformers shall comply with IEC 61869 in general. All ratios shall be obtained by secondary taps only. Generally, Current Transformers (CT) for 400 kV shall have six cores (four for protection and two for metering). The burden and knee point voltage shall be in accordance with the requirements of the system including possible feeds for telemetry. The Accuracy class for the protection core shall be PX and for the metering core it shall be 0.2S. The rated burden of cores shall be closer to the maximum burden requirement of metering and protection system (not more than 20 VA for metering core) for better sensitivity and accuracy. The instrument security factor shall be less than five (5) for CTs upto 400 kV voltage class. A.2.1.4 Capacitive Voltage Transformers (AIS) Capacitive Voltage transformers shall comply with IEC 61869 in general. These shall have three secondaries out of which two shall be used for protection and one for metering. Accuracy class for protection cores shall be 3P and for metering core shall be 0.2. The Capacitive voltage transformers on lines shall be suitable for Carrier Coupling. The Capacitance of CVT for 400 kV shall be of 4400/8800 pF depending on PLCC requirements. The rated burden of cores shall be closer to the maximum burden requirement of metering and protection system (not more than 50 VA for metering core) for better sensitivity and accuracy. A.2.1.5 Surge Arresters (AIS) 336 kV Station High (SH) duty gapless type Surge Arresters with thermal energy (Wth) of minimum 12 kJ/kV conforming to IEC 60099-4 in general shall be provided for 420 kV systems. Other characteristics of Surge arrester shall be chosen in accordance with system requirements. Surge Arresters shall be provided at line entrances, near transformers and reactor so as to achieve proper insulation coordination. Surge Arresters shall be provided with porcelain/ polymer housing fitted with pressure relief devices. A leakage current monitor with surge counter shall be provided with each surge arrester. A.2.2 Protection Relaying and Control System All main protective relays shall be numerical type with IEC 61850 communication interface and should have interoperability during integration of numerical relays to communicate over IEC61850 protocol with RTU/SAS/IEDs of different OEMs. All numerical relays shall have built in disturbance recording feature. SPV (UNDER INCOPORATION) 84 ___, 2026Transmission Service Agreement The protection circuits and relays shall be electrically and physically segregated into two groups each being independent and capable of providing uninterrupted protection even in the event of one of the protection groups failing, to obtain redundancy, and to take protection systems out for maintenance while the equipment remains in service. a) Bus bar Protection The high-speed low impedance type bus bar differential protection, which is essential to minimize the damage and maintain system stability at the time of bus bar faults, shall be provided for 400 kV. Duplicated bus bar protection is envisaged for 400 kV bus-bar protection. Bus bar protection scheme shall be such that it operates selectively for each bus and incorporate necessary features required for ensuring security. The scheme shall have complete bus bar protection for present as well as envisaged future bays i.e. input / output modules for future bays for the bus section under present scope shall also be provided. Bus Bar protection system for new substation shall be de-centralized (distributed) type. In case, the bus section is provided, then each side of bus section shall have separate set of bus bar protection schemes. Peripheral Units (PUs) shall be provided by the respective bay owners. For existing substations, the existing bus bar protection shall be augmented as per requirement. b) Local Breaker Back up Protection This shall be provided for each 400 kV circuit breakers and will be connected to de- energize the affected stuck breaker from both sides. Notes: 1. LBB and REF relays shall be provided separately from transformer differential relay. 2. LBB relay may also be provided as built-in protection function of distributed bus bar protection scheme; however, in such case separate LBB relay shall be provided for tie bays (in case of One and Half breaker scheme). 3. Over fluxing and overload protection can be provided as built-in feature of differential relay. 4. In 400 kV switchyard, if spare bay of half diameter is identified as future, Tie CB relay panel shall be with Auto-reclosure feature. A.2.3 Substation Automation System a) For all the new substations, state of art Substation Automation System (SAS) conforming to IEC-61850 shall be provided. The distributed architecture shall be used for Substation Automation System, where the controls shall be provided through Bay Control Units. The Bay Control Unit is to be provided bay wise for voltage level 220 kV and above. All Bay Control Units as well as protection units are normally connected through an Optical fiber high speed network. The control and monitoring of circuit SPV (UNDER INCOPORATION) 85 ___, 2026Transmission Service Agreement breaker, dis-connector, re-setting of relays etc. can be done from Human Machine Interface (HMI) from the Control Room. The functions of control, annunciation, disturbance recording, event logging and measurement of electrical parameters shall be integrated in the Substation Automation System. In the existing substations with a Substation Automation System (SAS), SynCon Station control and monitoring shall be integrated with SAS at the main Sub-station by the TSP. SynCon Station’s SCADA shall be connected with SAS through a Gateway and the database, configuration etc of the main substation. SAS shall be upgraded to incorporate SynCon Station events, alarms, Controls (both switchgear and control functions of SynCon Station like the setting of parameters etc.) so that SynCon Station can be effectively monitored and controlled from main substation SAS and shall be monitored from Load Dispatch Center (RLDC). A.3.0 Substation Support Facilities Certain facilities required for the operation and maintenance of substations as described below shall be provided at the new substation. In existing substation, these facilities have already been provided and will be extended/ augmented as per requirement. A.3.1 Fire Fighting System At existing substations, the fire-fighting systems as available shall be extended to meet the additional requirements. A.3.2 Illumination Normal and emergency AC and DC illumination shall be provided adequately in the control room and other buildings of the substation. The switchyard shall also be provided with adequate illumination. The lighting of the entire control room building, fire-fighting pump house, other building (if any) and switchyard shall be done by LED based low power consumption luminaries. A.3.3 Control Concept All the EHV circuit breakers in substation/switching stations shall be controlled and synchronized from the switchyard control room/remote control center. All the isolators shall have control from remote/local whereas the earth switches shall have local control only. A.4.0 General Facilities a) Line Gantry/Towers are envisaged for bays under the present scope only. SPV (UNDER INCOPORATION) 86 ___, 2026Transmission Service Agreement b) Bay extension works at existing substation shall be executed by TSP in accordance with the requirements/provisions mentioned above. However, interface points shall be considered keeping in view the existing design/arrangement at the substation. c) TSP has to arrange for construction power and water on its own. d) All outdoor steel structures including anchor/foundation bolts shall be fully galvanized. The weight of the zinc coating shall be at least 610 gm/m2 and 900 gm/m2 for coastal/ creek regions (if applicable). e) In 400 kV switchyard, if spare bay of half diameter is identified as future, all the equipment for Tie and Future Bay shall be designed considering the current rating of line bay i.e. 3150 A. f) All electrical equipment shall be installed above the Highest Flood Level (HFL) and where such equipment is not possible to be installed above Highest Flood Level, it shall be ensured that there is no seepage or leakage or logging of water. A.5.0 EXTENSION OF EXISTING SUBSTATION The following drawings/details of existing substation is attached with the RFP documents for further engineering by the bidder. Sl. Drawing Title Drawing No./Details Rev. No. No. A. Fatehgarh-II PS 1.0 Single Line Diagram PGCIL-FTH-II-SLD-00 -- 2.0 General Arrangement PGCIL-FTH-II-ELE-LAY-00 -- 3.0 Visual Monitoring System Make : SPARSH Model: SS-ES313P-20-33X 4.0 Bus Bar Protection Siemens 5.0 Substation Automation System Siemens (SAS) Bidders shall follow the RfP for scope of work. Actual site conditions may be different due to other schemes being executed or subsequent revisions by the developer. Thus, bidders are advised to visit the substation sites and acquaint themselves for details such as: (i) Actual site conditions, Layout, Topography (ii) Infrastructure such as roads, cable trench, drainage (iii) Soil investigation (iv) Fire hydrant layout (v) SAS architecture and IO list (vi) Boundary (vii) Design philosophy etc. SPV (UNDER INCOPORATION) 87 ___, 2026Transmission Service Agreement Annexure - B SPECIFIC TECHNICAL REQUIREMENTS FOR SYNCHRONOUS CONDENSER 1. INTRODUCTION This technical specification for Synchronous Condenser Stations consists of Synchronous Condenser (SynCon) units alternatively referred to as Synchronous Compensator where a SynCon unit consists of one synchronous condenser along with associated step-up transformer (s), cooling systems, flywheels (if applicable), auxiliary system and all associated switchgears. Synchronous Condenser shall provide Inertia, Short Circuit support, continuous and dynamic supply of reactive power (capacitive and inductive) support for the regulation and stabilization of the voltage of 400 kV at Point of Common Coupling (PCC) under normal and transient conditions. The station shall operate in the leading and lagging MVAr region, as required to meet the specified inertia, short circuit requirements and reactive power capability curve and dynamic performance criteria. The SynCon primarily shall be designed for continuous operation under varying grid conditions. The SynCon shall be equipped with a digital AVR (Automatic Voltage Regulator), Under/Over Excitation Limiters (UEL/OEL), V/Hz protection, and high inertia flywheels (if applicable) to enhance transient stability and damping. The SynCon Station may consist of multiple identical synchronous condenser units, each operating in parallel and connected to the 400 kV HV bus (PCC), as per the design and space available. The design shall ensure compliance with grid code requirements, and the provision of inertia and fault current to support reliable and stable system operation. 1.1 Definitions For the purpose of this specification, the following definitions / abbreviations are used: PCC (Point of Common Coupling): Point of Common Coupling (herein also called as Point of Interconnection (POI) is the connection point between the Synchronous Condenser (SynCon) Station/plant (HV Side of step-up transformer) and ISTS at which performance requirements are defined. Reference Voltage (Vref): The voltage set-point at the PCC where SynCon is expected to regulate voltage by injecting or absorbing reactive power while maintaining system stability. MV (Medium Voltage): The voltage level at the low-voltage side of the step-up transformer, where SynCon and associated equipment are connected. SynCon (Synchronous Condenser): SynCon is a DC-excited Synchronous machine that runs at no load and is used to control reactive power, which improves voltage stability and power factor in electrical grids In the entire document the notion synchronous condenser refers to the synchronous machine installed in the Synchronous Condenser unit. The synchronous condenser shall be connected to the step-up transformer via the generator circuit breaker by an Isolated Phase Bus duct. Following convention is used in this specification to define the reactive power output of the Synchronous condenser unit: SPV (UNDER INCOPORATION) 88 ___, 2026Transmission Service Agreement a) The notion capacitive reactive power (indicated as “+ MVAr”) is used when the Synchronous condenser unit is injecting reactive power to the grid, i.e. when the synchronous condenser is operating in the overexcited capability range. b) The notion inductive reactive power (indicated as “- MVAr”) is used when the Synchronous condenser unit is absorbing reactive power from the grid, i.e. when the synchronous condenser is operating in the under excited capability range. SynCon Unit (Synchronous Condenser Unit): In the entire document Synchronous condenser unit refers to the full scope of equipment working as one system at PCC. It includes but is not limited to: (i) Synchronous Condenser and its auxiliaries. (ii) Excitation System (Static/Brushless) (iii) Flywheel and its auxiliaries, if option chosen (iv) Step-up Transformers (v) Generator Circuit Breaker (GCB) (vi) Unit Transformer (Auxiliary Transformers) (vii) Isolated Phase Bus Duct (IPBD) connecting Generator and Step-up Transformer (viii) Lube Oil System (ix) Auxiliary Power Supply (medium voltage/ low voltage) (x) Equipment for control and protection of the equipment supplied under the specifications. (xi) Reactive Power Oscillation Damper (RPOD) (xii) Cooling System (xiii) Other auxiliary systems required for power operation of the Synchronous Condenser. (xiv) SynCon starting system (SFC/Pony motor) AVR (Automatic Voltage Regulator): A digital control system associated with each SynCon Unit responsible for regulating the field excitation to maintain the terminal voltage or reactive power output, always fully redundant, this is channel A and B in terms of control and power circuits, with hot standby and automatic switch functionalities. AVR shall include functionalities like: (a) UEL (Under Excitation Limiter): A protective function or control logic that prevents the SynCon from operating in unstable or under-excited regions of the capability curve, avoiding excessive reactive power absorption. (b) OEL / OVEL (Over Excitation Limiter): A protection system that limits the field current to prevent thermal damage to the field winding during overexcited operation (i.e., high reactive power generation). Flywheel: A rotating mechanical mass connected to the SynCon shaft to increase its inertia and provide additional damping and system strength benefits. Step-up Transformer: A Transformer connecting the SynCon (MV side) to the ISTS (400 kV side i.e. PCC), designed to match voltage levels and system impedance characteristics. Capability Curve: The operational envelope of the SynCon showing the permissible limits of reactive power generation or absorption with respect to voltage at PCC and stator current. Lagging Operation: Operation in which the SynCon absorbs capacitive reactive power (under-excited operation). SPV (UNDER INCOPORATION) 89 ___, 2026Transmission Service Agreement Leading Operation: Operation in which the SynCon generates capacitive reactive power (over-excited operation). Response Time: The duration from a step change in control signal until the voltage changes by 90% of its final change, before any overshoot. Settling Time: The duration from a step change in control signal input until the SynCon output settles to within +5% of required control output. Overshoot: The maximum system output minus the final settled value, divided by the actual change in system output (i.e., from its initial value to the final settled value), when the final settled value is within the defined settling band, expressed as a percentage. Excitation response ratio: It is called the excitation system nominal response and defined as the rate of increase of the excitation system output voltage determined from the excitation system voltage response curve, divided by the rated field voltage. This rate, if maintained constant (curve ac), would develop the same voltage-time area as obtained from the response (curve ab) over the first half-second interval (unless a different time interval is specified). The RR is a measure of the speed of response for the excitation system, the higher the RR, the faster the response Response ratio Reactive power oscillation damper (RPOD): A reactive power oscillation damper (RPOD) implemented through control strategy designed to damp low-frequency electromechanical oscillations (typically 0.2–2 Hz) in power systems by modulating the SynCon reactive power output (Q) in response to system oscillations. When equipped with an excitation control system and a power oscillation damping (POD) controller, it can also actively damp oscillations in the grid by modulating its reactive power. 1.2 APPLICABLE STANDARDS Unless otherwise specified herein, the plant shall be in accordance with the latest edition and amendments of Indian Electricity Grid Code (IEGC), CEA Technical Standards, appropriate International Electrotechnical Commission (IEC) and Institute of Electrical and Electronics Engineers (IEEE) standards operative at the Reference Date. In particular, the plant shall comply with the following Standards (as applicable): CEA (Technical Standards for Connectivity to the Grid) and as amended time to time IEC 60034 - Rotating Electrical Machines SPV (UNDER INCOPORATION) 90 ___, 2026Transmission Service Agreement IEC 60255-27 - Measuring relays and protection equipment (Product safety requirements) IEEE C50.13 - Cylindrical-rotor 50 Hz and 60 Hz Synchronous Generators 10 MVA and Above IEEE 115-Guides for Test Procedures for Synchronous Machines IEEE 43 - Recommended Practice for Testing Insulation Resistance of Electrical Machinery IEEE C37.013 - IEEE Standard for AC High-Voltage Generator Circuit Breakers Rated on a Symmetrical Current Basis IEEE 421.5-2016 (IEEE Recommended Practice for Excitation System Models for Power System Stability Studies) IEEE Std 1110-2019 - IEEE Guide for Synchronous Generator Modeling Practices and Parameter Verification IEEE PES TR (2020) - Dynamic Performance and Application of Synchronous Condensers for Renewable Integration. (A technical report (not standard), but it explicitly describes the use of reactive power modulation for oscillation damping, with control block examples). 2. SCOPE OF WORK The scope of works comprises the design, supply, factory testing, delivery, installation, commissioning and testing of the synchronous condenser unit (s), each of which comprises the key elements, but not limited to, the following: (a) One XX MVA synchronous condenser (or as close as possible to this size) including rotor, stator, shaft, bearings, and base frame in case of cylindrical rotor or stator frame sole plates in case of salient pole solution, Excitation System & Voltage Regulating Equipment including Automatic Voltage Regulator (AVR), Power System Stabilizer (QSS) and Field Circuit Breakers for steady-state and dynamic voltage support (b) Instrumentation, Monitoring and Control Systems including local and remote monitoring, diagnostic tools, and condition monitoring systems (c) Slip Rings and Carbon Dust Extraction System (if static excitation system) (d) One bank of three single phase transformer or three phase transformer XX MVA, xx / 400 kV step up transformer (size and secondary voltage to be finalised by the supplier, in accordance with the size of the offered synchronous condenser units) along with one spare (spare can be common for all the SynCon units), with secondary winding(s), complete with bushing CTs. Spare shall be of same rating as that of the main 1-ph or 3-ph transformer. The synchronous condensers step-up transformers are to have continuous ratings that support sustained operation at all operating points on the reactive power capability curve (e) 400 kV side bay equipment (f) Bus duct (isolated) between the power transformer and the synchronous condenser (g) Medium voltage generator circuit breaker complete with disconnectors, surge SPV (UNDER INCOPORATION) 91 ___, 2026Transmission Service Agreement arresters, earth switches and instrument transformers (voltage to be confirmed by the supplier, in accordance with the size of the synchronous condenser units) (h) Protection Systems including differential, overcurrent, under/overvoltage, out-of- step, loss-of-excitation, and backup protections. (i) Static frequency converter (SFC) as per requirement (j) Pony motor (s) for start–up (if required) and associated variable frequency drives (k) Fly wheel (s) for increased inertia (as per requirement) (l) One station transformer for auxiliary supplies in case one independent source of Auxiliary Power is a Station Transformer (this will be in common to all SynCon units) (m) Unit Transformer (Auxiliary Transformers) (n) LV auxiliary supply complete with back up supply (o) LV surge arresters (p) Control, SCADA and protection systems housed in a dedicated room inside the synchronous condenser building (q) Fire walls and enclosures – as required by the fire and oil/water containment, or noise mitigations (r) Any other equipment for completion of the complete installation of the synchronous condenser (s) SynCon Building (PEB - Pre-Engineered Building) – (Common machine hall for SynCons of all the SynCon Station is acceptable to reduce the requirement of the number of EOT Crane.) Each equipment shall be type tested. Further, in respect of type test, CEA’s ‘Guidelines for the Type Tests for Major Equipment of Power Sector’ shall be followed. 2.1 System Studies and Compliance The TSP shall be responsible for conducting system studies including steady-state, transient stability, dynamic simulations, and electromagnetic transient studies to evaluate the impact of Synchronous Condenser operation on the grid. The Grid data required for the studies shall be provided by CTU. All study files and reports shall be documented and submitted to CEA/CTU/GRID-INDIA as per regulatory requirements. SynCon unit shall be designed to operate at rated MVAr capacity upto an ambient temperature of 40o C. Beyond ambient temperature of 40o C, TSP shall provide the derating curve, however, derating rate shall not be more than 1% of rated MVAr per degree Centigrade. There shall not be any impact on rated Short circuit current and Inertia due to increase in ambient temperature beyond 40o C. OEM/TSP shall submit temperature to MVAr derating curves (continuous & time limited). The SynCon shall be designed to support grid operation within a voltage range of ±10% and a frequency range of 47.5 Hz to 52 Hz at the PCC. 2.1.1 System Studies The TSP/supplier of Synchronous Condensers unit shall carry-out system studies in order to verify and demonstrate that the synchronous condensers units shall meet the specified performance requirements. SPV (UNDER INCOPORATION) 92 ___, 2026Transmission Service Agreement Load flow studies shall be performed in the initial stage to determine the optimal synchronous condensers units operating point for different system conditions. The TSP/supplier of Synchronous Condensers unit shall perform studies to determine and confirm the design ratings and requirements of all plant and material to be supplied under this RfP. The TSP/Supplier Synchronous Condensers may also refer IEEE Std 1110-2019 - IEEE Guide for Synchronous Generator Modelling Practices and Parameter Verification System studies shall be performed as per the requirement. Studies are required to demonstrate that the synchronous condensers units shall meet all specified performance criteria. When performing the designs, the following shall be considered: 1. All modes of operation specified in these specifications; and 2. The worst-case system conditions up to and including first contingency outage in the network. The load flow and dynamic file shall be provided to the TSP in PSS/E 36 or newer version format. PSS/E files are provided based on the data available at the time of issuance of RfP. TSP is required to validate the data before carrying out simulation. However, clarification, if any, may be sought before the bid submission. CEA/CTU shall endeavour to give clarification to the extent possible. In case of any discrepancy observed/non-availability of data for any of the machines and other control devices, typical values may be used in the studies with the intimation to CEA/CTU. The final tuning of generic parameters for various applicable scenarios shall be under the scope of TSP of the subject cited project. TSP after SPV transfer shall do the final tuning in consultation with CEA, CTU and Grid-India and share the converged dynamic files with CEA, CTUIL & Grid-India. RMS & EMT Models shall be submitted in the format stipulated by CTUIL/ Grid-India. 2.1.2 Steady state operation study The TSP/Supplier of Synchronous Condensers unit shall carry out such electrical studies and basic design studies as are required to design the synchronous condensers units. They shall perform design and verification studies to ensure adequate design and operation of the system. This study comprises the verification of the design of the synchronous condenser units with respect to the steady-state performance. The steady-state operating points of the synchronous condenser units shall be simulated at the specified voltage range. The main purpose of the steady state studies shall be: 1) Confirm short circuit capability including transformer 2) Confirm design of transformer OLTC and control settings 3) Demonstrate reactive capability including transformer under range of operating conditions The operating points shall be represented as voltage/MVAR diagram. The load flow study points shall be also graphically included to determine the reactive power capability chart for the synchronous condenser units as built at the high voltage side of the step-up SPV (UNDER INCOPORATION) 93 ___, 2026Transmission Service Agreement transformers. Additionally, steady-state voltages, currents and power through main components shall be demonstrated. The worst-case stresses of the individual components which occur on the operating points are input parameters for the component specification. In addition to above following study shall also be carried out. 1) Open circuit and short-circuit characteristics tests 2) Negative sequence impedance tests. Following test as indicated in “IEEE 115-Guides for Test Procedures for Synchronous Machines” shall also be carried out. Test Test Name Purpose / Determination Key No. Reference (IEEE 115- 2019) 1 Visual & Mechanical Inspection Verify nameplate data, connections, physical Clause 6.1 condition, alignment, cooling system, bearing, and mechanical integrity. 2 Insulation Resistance & Measure stator and field insulation condition Clause 6.2 Polarization Index using a megger test (1 min and 10 min readings). 3 Measurement of DC Resistance Determine stator winding resistance (per phase) Clause 6.3 and field winding resistance for copper loss calculation. 4 No-Load Saturation Curve (Open- Plot generated voltage vs. field current at rated Clause 7.1 Circuit Characteristic, OCC) speed — defines excitation requirements and saturation. 5 Short-Circuit Characteristic (SCC) Plot armature current vs. field current at rated Clause 7.2 speed with terminals shorted — used with OCC to compute synchronous reactance. 6 Synchronous Impedance and From OCC and SCC — obtain per-phase Clause 7.3 Reactance Determination synchronous reactance Xs = Eoc/Isc. 7 Zero Power Factor (ZPF) or Potier For large machines — determine leakage Clause 7.4 Test reactance and field current for rated voltage at full-load condition. 8 Load (Performance) Test Operate under various loads and power factors Clause 8.1 to measure efficiency, voltage regulation, and temperature rise. 9 Efficiency Test (Direct or Indirect) Compute efficiency using segregation of losses Clause 8.2 or input–output method. 10 Temperature Rise Test Verify compliance with permissible temperature Clause 8.3 rise limits under rated load conditions (stator, rotor, bearings). 11 Excitation System Performance Measure field current, voltage, and reactive Clause 9.1 Test (Steady-State) power under rated voltage conditions. 12 Field Discharge and De-excitation Confirm safe decay of field energy upon trip or Clause 9.2 Check fault. 13 Magnetic Balance / Unbalanced Verify current and voltage symmetry among Clause 10.1 Loading Test phases. SPV (UNDER INCOPORATION) 94 ___, 2026Transmission Service Agreement Test Test Name Purpose / Determination Key No. Reference (IEEE 115- 2019) 14 Loss Segregation Tests Separate core loss, friction & windage, and stray- Clause 8.2.3 load losses for efficiency evaluation. 15 Voltage Regulation Test From OCC and SCC, determine regulation under Clause 7.3.2 (Calculated) various power factors using synchronous impedance or Potier method. 16 Armature Reaction Test Assess effect of armature current on main field Clause 7.5 under lagging/leading conditions. 17 Open-Circuit and Short-Circuit Compute short-circuit ratio (SCR = field current Clause 7.6 Ratio Tests (SCR) for rated voltage / field current for rated short- circuit current). 18 V-Curve (for Synchronous Plot stator current vs. field current at constant Clause 8.4 Condenser) terminal voltage; determines stability margin and reactive power range. 19 Reactive Capability Curve Test (for Determine leading and lagging VAR capability vs. Clause 8.5 Condenser/Generator Mode) field current and stator current limits. 2.1.3 Transient and stability study Transient and stability studies shall be used to demonstrate the synchronous condenser unit control system performance, and, if applicable, to optimize the controller parameters of synchronous condenser unit during system disturbances, such as major faults or voltage changes at the PCC. Such studies shall be performed using the PSS/E and PSCAD software applying dynamic simulations, using a full PSS/E and PSCAD case. List of contingencies performed is attached in Annexure-F. The transient and stability studies shall be analysed in the following cases. These studies should demonstrate compliance with the relevant Performance requirements as per network configuration: 1. Analysis of the synchronous condensers unit’s system response to step changes in the point of common coupling voltage or in the reference voltage, which can be performed in a single machine infinite bus case as relevant for the scenario. 2. Analysis of the synchronous condenser unit system response for faults for a range of system short-circuit power levels, to demonstrate compliance. 3. The following fault scenarios shall be analysed: a) A range of three-phase faults as specified (e.g. different duration, fault locations, retained voltage, network configuration). b) A range of unbalanced faults as specified (e.g. different duration, fault locations, retained voltage, network configuration). c) Control for the synchronous condenser units according to the requirement, i.e. Q-Control or U-Control 4. Analysis of the synchronous condenser unit system response for frequency disturbances. 5. V/Hz study and demonstration of stable operation of the V/Hz limiter SPV (UNDER INCOPORATION) 95 ___, 2026Transmission Service Agreement The design shall ensure the adequacy of the synchronous condensers units in order to ensure stability during system transient, dynamic and fault conditions. This is inclusive of synchronous condenser units’ response time (rise time and settling time) and of the synchronous condensers units’ behaviour and contribution to the system’s recovery from faults and network disturbances. 2.1.4 Small signal stability studies 1. Voltage Step/impulse response— +/- 5% step tests for Voltage control set points and then quantify rise time, overshoot, settling time for relevant control loops, and obtain frequency response (gain/phase margins) for critical control loops. 2. Off-line frequency sweep (transfer function) tests for AVR and PSS: Frequency response of the excitation system to be assessed over a frequency bandwidth of at least 0.01 – 10.0 Hz by injecting sinusoidal signals with the specific bandwidth into the control blocks. The gain and phase variations with frequency of each measured transfer function are then compared with those obtained from the model 3. Controller interaction studies — evaluate interaction between synchronous condenser control loops (AVR, PSS/filter, reactive control, power/frequency control) and other nearby plant controllers (conventional generators, HVDC/FACTS, large converter plants). Include frequency-domain (Bode/Nyquist) and time-domain cross-validated tests as required. 4. Oscillation Rejection Test: This is a control and response sensitivity test. It is expected that SynCon model maintains a stable operation for all voltage modulated frequencies and for measured responses to be consistent with the changes. Grid voltage shall be modulated at following modulation frequencies through model playback or similar feature in SMIB model: (a) 0.1 Hz (b) 0.3 Hz (c) 0.6 Hz (d) 0.9 Hz (e) 1 Hz (f) 2 Hz (g) 3 Hz (h) 4 Hz (i) 8 Hz (j) 10 Hz (k) Or any other frequency based on requirement 2.1.5 Software simulation models The TSP shall provide the latest PSCAD (V 5.0 or above) and PSSE simulation model(s) (V36.0 or above) and parameters to CEA/CTU/GRID-INDIA along with detailed SPV (UNDER INCOPORATION) 96 ___, 2026Transmission Service Agreement documentation for the purpose of future simulation to adequately represent and model the proposed SynCon system in the respective software: For the simulation of SynCon unit in the PSS/E file (load flow and dynamic) and PSCAD (Transient), a model for SynCon unit is required for the study. TSP will share SynCon unit models with CEA, CTU and Grid-India along with detailed documentation for the above study purposes and simulations. For PSS/E, both Generic and User-defined models shall be shared by the TSP with the CEA, CTU and Grid-India. Generic model (PSS/E) response shall be benchmarked with user- defined model (PSS/E and PSCAD) to the extent possible by the TSP. Generic models can be shared by the CEA, CTU and Grid-India with the concerned stakeholders/external party(ies) e. g. STUs etc. on need basis. For User Defined model (UDM), confidentiality shall be maintained by the CEA, CTU and Grid-India. Both UDM (PSCAD and PSS/E) and Generic model (PSCAD and PSS/E) shall be provided by OEMs to CEA/CTU/GRID-INDIA without any NDA (Non-Disclosure Agreement). RMS & EMT Models shall be submitted in the format stipulated by CTUIL/GRID-INDIA. Model documentation shall include the following details of the model: a) The transfer function block diagram must include all functional controllers and physical plant that materially affect the performance of the model. b) Instructions on how the model should be set up and used. c) The models of the controllers and items of SynCon unit must be easily identifiable. d) Dynamic data must be provided as ‘per unit’ quantities on the machine megavolt amperes (MVA) base. e) Shortest time constant (name, use and identifiable in the control block diagram) confirmed for both PSS/E models and also PSCAD models. Model quality test of EMT & PDT model: f) The submitted EMT & RMS (UDM) model shall be the representative of SynCon unit l with actual controls. g) The EMT & RMS model should work appropriately within the PCC SCR range of 3 to 10 and X/R range of 3 to 14. h) The applicable protections shall be appropriately modelled in the UDM Models. i) EMT model should work appropriately on a range of simulation time step within 10- 20us. j) PDT (RMS) model work appropriately with a simulation time step of 1ms to 10 ms. k) Submitted EMT model should have pre-compiled libraries and there should not be any need for loading dependent library/other files. l) EMT model should initialize and complete the flat run in 5 sec. PSCAD & PSS/E models must allow stable initialisation and steady state run up to 5 minute. m) Models must be initialised successfully for the entire intended plant operating range i.e reactive power set point from minimum to rated. n) PSCAD models must have snapshot capability. o) For User Define Model (UDM) EMT of SynCon unit, the complete model shall not be black-boxed and there shall be a full visibility/accessibility of passive components. TSP may black box the control/other parts wherein their Intellectual Property (IP) rights are involved. SPV (UNDER INCOPORATION) 97 ___, 2026Transmission Service Agreement p) For UDM models, TSP shall submit the schematics/block diagrams and its descriptions. q) The RMS & EMT model used guide should contain the description of each parameter. r) The range of parameters shall be mentioned in the PSS/E and PSCAD model user guide. s) TSP shall specify the configurable and non-configurable parameters in the model user guide (PSS/E and PSCAD) for both Generic as well as UDM. t) Model structure to be contained within its own module block including its plots. u) PSCAD transformer model should include transformer specific saturation data where available (and not default model library provided settings) v) EMT Models shall be compatible with  Intel 15 Update 5 and newer (64-bit) and Visual Studio 2015 and newer  Model should works across a range of time steps and does not require a specific time step  These models must not be dependent on a specific Intel Visual FORTRAN version and should not have dependencies on additional external commercial software. TSP shall fulfil and submit the technical connection data including models/data sheets etc. as per Grid India First Time Energization process & CTUIL Connection details process. 2.2 Functional Requirements The Synchronous Condenser unit shall:  Provide dynamic and steady-state reactive power support (both capacitive and inductive).  Contribute to voltage stability, grid inertia, and short-circuit strength.  Assist in damping of power oscillations and mitigation of sub-synchronous oscillations, if any.  Assist in damping of reactive power oscillations and mitigation of oscillations, if any.  Be capable of continuous operation during worst-case voltage and frequency conditions. 2.2.1 Design Considerations  The Synchronous Condenser shall be designed with inertia specified to enhance system strength and frequency stability.  Dedicated & coordinated control systems shall be provided in case of multiple SynCon units to ensure selective operation and avoid simultaneous tripping under common disturbances. 3. REQUIREMENT, RATINGS AND DESIGN INFORMATION 3.1 SynCon building The SynCon station shall have independent building (PEB type) including a separate control room different from the main control room building of the main Substation. The building shall comprise of SynCons unit(s), EoT crane, control room, LT Switchgear room, SPV (UNDER INCOPORATION) 98 ___, 2026Transmission Service Agreement Battery room, workshop space, Document/Library and general facilities etc. Adequate space shall be provided for smooth unloading and maintenance purposes of all the equipment in the SynCon building. The SynCon Building shall comprise of following facilities: 1. Control & Relay Panel room 2. Excitation Room 3. ACDB & DCDB room 4. Battery room 5. Service Room cum workshop space 6. Conference room 7. SynCon unit(s) 8. Lobby 9. Corridor with minimum width of 1600 mm 10. Portico 11. Toilet facilities 12. Provision of shaft for electrical, sanitary, water supply facilities 13. Other facilities as per functional requirement of building 14. AHU Room 4. Ambient Condition The following environmental data shall be considered (Table-1): Table 1 Sr. No. System Parameters Values 1 Max/min Ambient temperature (dry 50 deg C max bulb one-hour average) 0 (Zero) deg C min Max dry bulb 24 hr. average 40 deg C 2 Relative Humidity (%, max) 100 3 Average annual rainfall As per rainfall map of IMD 4 Iso-keraunic level As applicable 5 Wind Zone As per National Building Code 2016 6 Seismic Level As per Seismic zone of the site 7 Altitude above sea level <1000 m 8 Pollution level (IEC 60815) Heavy 5. POWER SYSTEM REQUIREMENTS The following AC Power System characteristics apply at the point of connection i.e. point of common coupling in this case (PCC). SynCon Station operation is required within the parameter value and duration given in following table: Table 2 Sl. No Power System Characteristic Value unit 1. Nominal ac system voltage, line-to-line 400 kV 2. Maximum continuous ac system voltage, line-to-line 440 kV 3. Minimum continuous ac system voltage, line-to-line 360 kV 4. Maximum short-term ac system voltage, line-to-line As per HVRT Table SPV (UNDER INCOPORATION) 99 ___, 2026Transmission Service Agreement Sl. No Power System Characteristic Value unit 5. Maximum duration of item 4 6. Minimum short-term ac system voltage, line-to-line As per LVRT Curve 7. Maximum duration of item 6 8. Nominal ac system frequency 50 Hz 9. Maximum continuous ac system frequency 52 Hz 10. Minimum continuous ac system frequency 47.5 Hz 11. Lightning Impulse Withstand Voltage (LIWV) 1550 kV peak 12. Switching Impulse Withstand Votlage (SIWV) 1175 kV peak 13. Power Frequency Withstand Voltage 630 kV 14. 1) Maximum three-phase fault current a) for performance requirements 1 a) 50 kA b) for rating of SynCon 1 b) 50 kA for 1s 2) X/R (Positive/Negative Seq)* 2) 29 3) X/R (Zero Seq)* 3) 14 4) Clearing time - normal 4) 0.10 s 5) Clearing time – backup 5) 0.75 s 15. 1) Maximum three-phase fault current (with IBR kA 51 contribution)* 2) Maximum three-phase fault current (without IBR kA 44 contribution)* 16. Minimum three-phase fault current (without IBR contribution)* -for performance requirements 35 kA -for safe operation 35 kA 17. 1) Maximum single-phase fault current (with IBR kA 30 contribution) * kA 2) Maximum single-phase fault current (without IBR 23 contribution) * 18. Minimum single-phase fault current(without IBR 18 kA contribution)* 19. Power System Phase Rotation CCW 20. Rated voltage at SynCon terminals (to be selected by xx kV the Contractor) 21. Capacitive capability on PCC at 1.0 p.u. voltage +300 MVAr 22. Inductive capability on PCC at 1.0 p.u. voltage -200 MVAr 23. Capacitive & Inductive capability on PCC at different See below capability diagram Voltages (p.u.) 24. HV Side rated Voltage (at PCC) 400 kV 25. Voltage variation at unit step-up transformer high- ±10 % voltage side (for normal operation) 26. Stored Energy - Inertia at Machine Terminal >3000 MWs 27. Short Circuit Contribution (SCC) on PCC at 1.0 p.u. >1200 MVA voltage (calculation of SCC as per section 6) 28. SynCon rated power factor Zero 29. Rated frequency 50 Hz 30. Maximum Overspeed shall not be more than % (of 20 % rated speed) SPV (UNDER INCOPORATION) 100 ___, 2026Transmission Service Agreement Sl. No Power System Characteristic Value unit 31. Sub transient ratio xq’’/xd’’ < 1.1 32. Start-up and synchronization time (Contractor may 30 Minutes offer lower times based on the SFC rating selected and overall Inertia of the SynCon & Flywheel) 33. Shut-down time to complete standstill 45 Minutes 34. Stator winding connection Wye 35. Neutral Grounding High resistance grounding through Neutral Grounding Transformer with secondary loading Resistor 36. Sound pressure level (SPL) when measured at ≤95 dB approximately 1 m distance from the Synchronous condenser surface during normal operation at rated ratings & ambient conditions. 37. THD of L-L voltages ≤ 3% 38. Temperature rise over 40°C cold air Stator winding (installed RTDs) 85 K Rotor winding (resistance method) 90 K 39. Unbalanced load Maximum value for continuous operation (I 2/I n) 10 % Maximum short term unbalanced load (I 2/I n)2.t 20 s *values calculated as per studies 6. Technical Requirements 6.1 General Requirements a) Under design maximum ambient temperature conditions, all the SynCon units in a SynCon Station, combinedly, shall have a nominal reactive power capability of not less than +300 MVAr at 0.9 p.u. voltage and -200 MVAr at 1.1 p.u. voltage, as measured at PCC, including all tolerances for components for the equipment installed inside the building such as the synchronous condensers, the pony motor, the fly wheel and the generator circuit breaker and for the equipment installed outdoor such as the step-up power transformers, the TEWAC cooling system, the station transformers, the isolated phase bus duct etc. The expected availability of the synchronous condenser unit shall be not less than 97%. b) Indicative schematic diagram of a SynCon unit and typical capability curve of a SynCon Station (+300 MVAr/ - 200 MVAr) are given below SPV (UNDER INCOPORATION) 101 ___, 2026Transmission Service Agreement PCC Figure-1: Conceptual Indicative Schematic diagram of SynCon Unit Note: On x-axis, the base rating is taken as 300 MVAr Figure-2: Capability Curve of SynCon Station c) The Terminal Voltage of SynCon shall be in the range of 10 kV to 28 kV. d) Insulation of SynCon shall be thermal class F for Stator and Rotor Winding as per relevant International Electrotechnical Commission with temperature rise limited corresponding to thermal class B insulation. SPV (UNDER INCOPORATION) 102 ___, 2026Transmission Service Agreement e) The construction of the generator shall be such that the rotor poles and stator coils can be handled out or in without removal of the rotor and without disturbing the upper bearing bracket in case of vertically installed SynCon. 6.2 Voltage and Frequency The synchronous condenser unit shall cope with voltage and frequency variation and stay in connection with the system for at least the minimum times as per Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007 and amendments. The following ranges of voltage and frequency are applicable: 1) Nominal voltage shall be 400 kV (1.0 p.u.) phase to phase 2) Minimum continuous voltage of 0.9 p.u. 3) Maximum continuous voltage of 1.1 p.u. 4) Max negative sequence voltage during normal operation of 1% measured at the HV side of the step-up transformer over a 10-minute averaging period 5) Nominal frequency of 50 Hz 6) Maximum continuous frequency of 52 Hz 7) Minimum continuous frequency of 47.5 Hz. The synchronous condenser unit shall be capable of withstanding frequency variation and maintain continuous uninterrupted operation for frequency ranges of 47.5 Hz to 52 Hz within a voltage range of ±10%. Further, the Synchronous Condensers Unit shall be capable of unrestricted and uninterrupted continuous operation for the following frequency ranges. Table: Frequency Variations Withstand Requirements for Unrestricted Operation Sl. No. Frequency Range (Hz) Duration 1. 49.5 to 50.5 Continuous 2. 49.0 to 49.5 10 Minutes 3. 50.5 to 51 10 Minutes 4. 47.5 to 49 5 Minutes 5. 51 to 52 5 Minutes The Synchronous Condenser Units shall be capable of continuous uninterrupted operation for Rate of Change of Frequency (ROCOF) up to 4Hz/second for 0.25 seconds and 3Hz/second for 1 second. Rate of change of frequency (ROCOF) is calculated as the average rate of change for multiple calculated system frequencies for a time period of greater than or equal to 0.1 second The measurement of the rate of change of frequency shall not react to the sudden changes in the waveform of voltage caused by disturbance in the system i.e. during fault occurrence or clearance. SPV (UNDER INCOPORATION) 103 ___, 2026Transmission Service Agreement Provided that Frequency should be calculated over a window of time. Instantaneous calculated frequency should not be used for protection; this calculation should occur over a time window. Typical window/filtering lengths are three to five cycles (60–100 ms). The SynCon Station shall continue to absorb reactive power during HVRT Conditions in a controlled manner as per the following for symmetrical and asymmetrical cases: Table-3 Minimum time for remaining connected to the Grid Nominal Voltage (pu) and providing reactive power support (absorption) V > 1.50 Instantaneous trip 1.50 ≥ V > 1.30 100 milli seconds 1.30 ≥ V > 1.10 10 seconds V ≤ 1.10 Continuous # 1 pu = 400 kV (3 phase RMS voltage at POI) SynCon Station may be tripped if the respective temporary over voltages as mentioned above persist for more than its respective mentioned duration. The SynCon Station shall remain connected to the grid and shall be able to operate at rated reactive power capability at PCC when the applicable voltage at the interconnection point dips up to the level depicted by the thick lines in the following curve (for specified time): V : Actual Voltage; V : Nominal Voltage T n Figure-3: LVRT Curve The synchronous condenser Station shall remain connected to the grid for a series of up to 10 voltage disturbance below 0.9 p.u within any 5-minute period as per the LVRT capability. Provided that during such period synchronous condenser Station shall remain connected for at least 06 voltage disturbance below 0.5 p.u. Provided further that during the multiple LVRT conditions, the SynCon Station shall meet the performance requirements specified in LVRT conditions. SPV (UNDER INCOPORATION) 104 ___, 2026Transmission Service Agreement TSP shall include the simulation tests to demonstrate the LVRT & HVRT compliance of SynCon and shall include the following simulations tests in the study reports on both Generic and UDM of PDT (RMS) and EMT models as per Annexure-F: Validation of AVR & PSS response: In order to validate the AVR and PSS response, TSP shall carry out the testing of such controller(s) either through Hardware In Loop (HIL) test or in a laboratory as applicable. Based on the AVR controller response (open loop and closed loop) and PSS response received from HIL, the TSP shall benchmark such results with simulation-based results. 6.3 Continuous Ratings 1) The Synchronous Condensers Units shall be capable of operating continuously without tripping at the Voltage level from 0.9 p.u. to 1.1 p.u. at PCC in the specified ambient conditions. There are additional requirements for operation for periods of time beyond the 0.9 and 1.1 p.u. Voltage as described in Table 3. The Synchronous Condenser Units shall confirm that they are capable of operating in accordance with these requirements. For the Voltage under 0.9 p.u. SynCon Units shall be capable to operate as per Figure- 3. 2) The supplier of Synchronous Condensers shall select the nominal operating voltage for the low voltage side of the step-down transformers, to optimize the design of the Synchronous Condensers Unit(s) 3) The nominal continuous operating capability of SynCon Station shall be no less than 300 MVAr capacitive at 0.9 p.u. to no less than 200 MVAr inductive at 1.1 p.u. voltage as measured at PCC, including all tolerances for components upto designed temperature. Component tolerances shall be considered, when designing against the requirement for continuous rating and considering design ambient temperature conditions. Beyond design maximum ambient temperature, TSP shall provide the derating curve, however, derating rate shall not be more than 1% of rated MVAr per degree Centigrade. OEM/TSP shall submit temperature to MVAr derating curves (continuous & time limited). There shall not be any impact on rated short circuit current and Inertia due to increase in ambient temperature beyond design maximum ambient temperature. 4) The Synchronous Condensers Units shall be capable of continuous uninterrupted operation for system frequencies in the ranges of 47.5 Hz to 52 Hz. 5) The voltage reference for the voltage control at the point of connection should be continuously (or using steps of negligible size) controllable in the interval 0.9 p.u. to 1.1 p.u. 6) The Supplier of Synchronous Condensers shall confirm that the synchronous condensers will be rated and capable to operate for all the frequency ranges listed. 6.4 Voltage and reactive power control SPV (UNDER INCOPORATION) 105 ___, 2026Transmission Service Agreement Voltage and reactive power control capabilities shall be as per requirement specified. The Synchronous Condenser unit shall be able to control the reactive power and voltage at the PCC by the excitation system and by use of unit step up transformer on-load tap changer (OLTC) regulation range as appropriate. 7. SHORT CIRCUIT CONTRIBUTION The Synchronous condenser unit for project /substation shall be able to supply a short circuit power (Short-circuit power must be calculated according to IEEE 551-2006, using saturated sub-transient reactance and transformer impedance). Calculation of short circuit contribution (SCC) shall be done according to following formula: 𝑺 𝑺𝑪 𝑺𝑪𝑪= 𝑺 (𝑿 "+ 𝑺𝑪 𝒖 ) 𝒅 𝑺 𝒌 𝑻 𝑆 = rated S [MVA] of SynCon 𝑆𝐶 𝑆 = rated S [MVA] of transformer 𝑇 𝑋 "= subtransient direct−axis reactance (saturated) in p.u. 𝑑 𝑢 = 𝑢𝑛𝑖𝑡 𝑠𝑡𝑒𝑝−𝑢𝑝 𝑡𝑟𝑎𝑛𝑠𝑓𝑜𝑟𝑚𝑒𝑟 impedance in p.u. 𝑘 8. SYNCHRONOUS CONDENSER DESIGN AND CONSTRUCTION FEATURES The Synchronous condenser unit installed shall be based on either salient pole (or) non- salient pole with air-cooling or water cooling. Hydrogen-cooled SynCon will not be accepted. 8.1 General Design Requirements The synchronous condenser shall be totally enclosed water-air cooled (TEWAC) with air- water heat exchangers connected to a closed water-cooling system shall also be provided (as per system requirements). The pipework shall be marked with colours and arrows to show which fluid is circulating which way in the respective pipe. All necessary auxiliaries (lube oil system, cooling system), foundation plates and bolts, covers, air and oil coolers with adjacent piping shall be included (if applicable). Suitable arrangement shall be mounted inside the synchronous condenser enclosure to prevent condensation during shut-down periods. Sensors, detectors, and instrumentation necessary for supervision and control shall be installed. Detectors to provide signals for the speed measurement shall be installed. These detectors are also used for overspeed protection. A vibration monitoring/protection system shall be provided. Relative shaft vibration - monitoring; absolute bearing casing vibration – protection shall also be provided. SPV (UNDER INCOPORATION) 106 ___, 2026Transmission Service Agreement The synchronous condenser shall be designed for continuous operation and 10,000 starts/stops in its lifetime (35 years). 8.2 Inertia Requirement If the specified inertia requirements as mentioned in the Table-2 cannot be achieved with the rotor only, the TSP shall consider the installation of an additional flywheel. 8.3 Stator 8.3.1 Stator Frame and Core The stator frame shall be of welded construction and equipped with suitably arranged braces to ensure structural rigidity. The interior of the stator casing/stator frame partly forms the cooling ducts and therefore the braces in the stator frame shall be arranged in such a manner that an optimum air flow will be obtained. For easier transportation (if required) the stator casing/stator frame can be split up into two sections. The sections of the iron core and of the stator casing shall be clamped together by means of liberally dimensioned bolts. Care will be taken to avoid vibrations at the insulated joints. The stack of laminations shall form the active part of the Synchronous condenser and shall be made of silicon alloy steel sheets. The segments shall be coated with an insulating varnish of good thermal and mechanical properties on both sides and stacked interleaved. The core shall be clamped between non-magnetic pressure plates. A certain number of through bolts to be provided for an adequate and permanent compression of the active core. The compression fingers integrated in the pressure plates, distributing the pressure over the whole surface of the core uniformly. The pressure fingers, plates and the core beams shall be designed to give stable and equal distributed pressure on the lamination. The enclosure shall have openings to inspect the core and the windings. All steelworks shall be thoroughly protected against corrosion. Welded steel constructions shall follow relevant ISO standards. 8.3.2 Stator Core Tests Before the stator winding is installed, the stator core shall be subjected to stator core loop test with high flux density (minimum 1T). 8.3.3 Stator Winding The stator winding shall be three-phase with 6 terminals brought out from the synchronous condenser enclosure. Neutral of SynCon star point shall be earthed in NGT panel through dry type distribution transformer with secondary loaded with a resistor. All material inside the slot and the winding insulation shall be of thermal class F. No kind of magnetic material, such as for slot wedges, is permitted within the slots. The winding must be capable of being easily substituted by removing a few adjacent coils or bars (as applicable). The end windings must be suitably braced and supported by rings SPV (UNDER INCOPORATION) 107 ___, 2026Transmission Service Agreement of non-magnetic materials to withstand any forces caused by short circuit at the terminals of the machine in grounded or ungrounded operation. The stator winding insulation shall be made of thermosetting epoxy resin impregnated mica tape system and shall be equipped with corona protection systems suitable for the selected rated voltage. 8.4 Rotor The shaft shall be forged of steel and sufficiently rigid. It shall have an ample margin of strength and be provided with a forged coupling to Flywheel or other (if applicable) and specified in the technical specification. For cylindrical rotor design, the shaft shall be machined from a single alloy steel forging to give the required mechanical, metallurgical and magnetic characteristics. Rotor shall have an adequate margin between critical speed and the operating range of speed to ensure smooth running. The rotor shaft and rotor itself shall be designed to withstand all the operating conditions as well as overspeed. For salient pole construction, poles shall have claws to fit in matching claw slots accurately machined on the rim/ Rotor body. The pole along with field coil shall be properly secured in the slots and wedged there properly. The rotor assembly shall be of such design that the assembling and dismantling can easily be done at site. 8.5 Damper Winding A low resistance damper winding made of full-length copper rods or copper rotor wedges shall be provided on all the poles to dampen rotor oscillations. They shall be short circuited at the ends by a completely connected ring on either side. The damper windings shall be strong enough to withstand all the electrical and mechanical stresses occurring during operation. All contacts shall either be brazed or safely pressed by means of bolts and elastic elements. Contact surfaces of pressed contacts shall be protected against oxidization and corrosion, i.e. by appropriate galvanization. 8.6 Collector rings and brushes (if applicable) The collector rings shall be insulated from the shaft system by epoxy glass laminations and spaced sufficiently apart and the brushes arranged to eliminate the possibility of accidental short circuit while changing or adjusting the brushes. The brush gear for the collector shall be mounted on insulated studs from the top of the exciter brush gear housing. The slip ring housing shall have sufficient space for maintenance purposes. There shall be provision for the replacement of brushes while the machine is in operation, without interrupting the excitation or normal operation of the machine. Carbon dust collection system shall be provided to remove carbon dust generated from carbon brushes. The filters used shall be metallic and washable type having high efficiency. The piping should be routed in a way to optimize spaces. 8.7 Rotor Winding/ Poles The rotor winding shall have an insulation that fully conforms to thermal class 155 or higher. SPV (UNDER INCOPORATION) 108 ___, 2026Transmission Service Agreement For salient pole type construction, the field poles shall be of laminated construction and the material used shall be of high strength. On both ends, end plates of high-grade steel shall bebe fitted. The pole core and the pole end plates shall be clamped together by screwed bolts. The insulation materials used shall provide sufficient mechanical strength. 8.8 Instrumentation All temperature sensors shall be Resistance temperature detectors (RTDs) of duplex type and be wired to a terminal box with shielded cables. 8.8.1 Stator winding/Core Detection / measurements shall be provided by means of RTDs; i.e. at least 3 (three) active RTDs and 1 (one) spare RTD per phase and per circuit distributed between phases and circuits around the stator bore, located between the upper and lower bar in the same slot; at least 3 (three) RTDs in the core located at each end and in the middle. 8.8.2 Rotor winding Rotor winding temperature shall be be measured using the resistance method as per IEC 60034-1. Sufficient number (at least 12) of Duplex RTDs shall be provided, distributed as per OEM design to monitor the temperature. 8.9 Terminal Boxes Terminal boxes shall be of weatherproof construction to eliminate entry of dust, vermin and water with a degree of protection IP54. The terminal boxes on the SynCon shall be suitable to connect cable size required. The phase terminal of the windings shall be brought out of stator frame by appropriate means and interfaced to insulated phase bus of adequate size & capacity. The leads on the neutral side shall be brought out of the stator frame and shorted through a suitable size bus bar. Provision shall be made on the main (Phase) side & neutral side of the SynCon for mounting of required no of CTs for AVR, control, protection & metering. The phase terminals or a fitted cubicle shall be suitable for IPB termination. Insulated protective cage cover connection between stator and bus duct for line terminals shall be provided for safety of O&M and personnel. A suitable neutral grounding cubicle shall be fitted to the neutral terminals. The cubicle shall allow for installation of all required CTs, neutral earthing via neutral earthing transformer and resistor. Terminal boxes shall be provided for termination of the following signals/ terminals: • Instrumentations • Space heaters • Temperature detectors 8.10 Bearings The bearings shall be designed for the weight of the rotor of the synchronous condenser as well as for additional loads owing to abnormal service conditions. The bearing pedestals may be a cast or welded structure, in any case providing the required strength and stiffness. To avoid the formation of shaft currents one pedestal is SPV (UNDER INCOPORATION) 109 ___, 2026Transmission Service Agreement insulated from the foundation frame, pipe connections, etc. Suitable protection shall be provided to avoid the escape of oil and oil vapor via the shaft. If the grid connection is tripped the synchronous condenser bearings shall be fed by the emergency DC pump from oil supply system until the synchronous condenser is on standstill (0 rpm). The bearings shall withstand a defined overspeed of 10% during start-up. A central oil mist extractor shall be present in the oil system to evacuate oil mist from the bearing housing. The contractor shall ensure complete protection, control, and measurement for the bearing’s safety and diagnosis, consisting of RTDs, at least one triple element per bearing, to monitor bearing metal temperature. 8.11 Lube oil system The flood lubricating system of the bearings shall be separately mounted. The oil plant shall comprise the bearing/oil container, the oil/water cooler for frictional heat dissipation, the flood-lubrication pump, as well as all necessary fittings, pipes, filters and supervisory instruments. 8.12 Lube oil pumps A high-pressure oil system shall be provided for the bearing to avoid mixed friction at a low speed. A high-pressure pump with non-return valve shall take the oil from the sump and presses it between the lower part of the bearing and the shaft. The arrangement in the shell of the oil-jacked bearing ensures that no pressurized oil can infiltrate between the bearing lining and the shell. The lube oil system shall have redundant (2 x 100%) oil pumps to supply lube oil to the bearings. They shall be fed by AC power supply. An automatic change-over from main to back-up AC pump shall occur in case of loss of lube oil pressure. An emergency DC pump of sufficient capacity shall pump the oil until the synchronous condenser has come to a complete standstill in case of the grid connection is tripped. The DC pump shall be fed from the station battery. 8.13 Cooling system To reduce the complexity of the synchronous condenser unit, the synchronous condenser shall be air-cooled. H2-cooling is not permissible. Extraction of losses shall be via water-to-air heat exchangers (TEWAC cooling scheme). The secondary cooling system i.e water to air heat exchanger, shall be a redundant type such that it shall be possible to take out 10% (minimum one number) of the cooler module (fan unit) of secondary cooling system without affecting the rated performance of SynCon unit. In case of Water cooled Stator Winding, Stator water cooling System shall be closed loop type with 2x100% AC motor driven circulating water pumps, 2x100% de-mineralised water heat exchangers, 2x100% filters, one mixed bed de-mineraliser and one alkalizer unit (as applicable). The scope of this system shall include but is not limited to: a) a Pump skid with all relevant components and measurement devices b) a Set of outdoor coolers (chillers). SPV (UNDER INCOPORATION) 110 ___, 2026Transmission Service Agreement c) an Expansion tank (installed on the pump skid) d) a Refill unit (installed on the pump skid) e) Connecting pipe system including pipe supports and interface flange connections f) a Cooling system cabling, excluded cabling to the outdoor coolers and the outdoor temperature sensor. g) an outdoor temperature sensor h) all necessary foundation bolts for the cooling system and piping i) Junction boxes for termination of control cables The water-cooling system shall be connected to:  the heat exchangers of the synchronous condenser to evacuate the heat generated by the machine.  (if applicable) the fly-wheel’s heat extraction system The use of the coolant shall be adapted on the environmental condition listed in this specification. The coolant shall be a mixture of ethylene or propylene glycol and water (with corrosion inhibitors as additives). If ambient conditions allow (ambient air permanently above freezing point) water with corrosion inhibitors can be used. 8.14 Monitoring sub-systems Following On-Line monitoring sub-systems shall be provided for Synchronous Condenser: 8.14.1 Vibration Monitoring System A continuous on-line vibration monitoring system complete with sensors, input/output module, control/processor unit, relays, junction boxes, cabling and associated accessories for measuring, monitoring and data acquisition of shaft vibration/run-out shall be provided. The systems should be fully integrated with control system (SCADA) to facilitate shutdown and alarming, trending the values in SCADA for diagnosis. 8.14.2 Shaft Current online Monitoring of Synchronous condenser A low-voltage ring type current transformer in a parted form of construction shall be used for measurement of shaft current. The current transformers design shall be suitable for the intended installation location (i.e. ambient conditions). Thus, the shaft current relay shall detect a transient current in the synchronous condenser shaft. 8.15 Flywheel system (if applicable) The flywheel shall be coupled to the synchronous condenser rotor. The design shall enable a safe emergency run-down in case of total power loss (grid black- out). The required bearing lubrication during emergency run down shall be ensured by battery-powered DC pump, defined, and sized depending on unit specific parameters. The main components of the flywheel assembly are the forged flywheel body and shall be coupled to synchronous condenser either directly or by means of attached shafts. The whole flywheel shall be supported by pedestal bearings. The safe operation of the flywheel shall be covered by the standard protection concept for rotating power generation equipment, including overspeed, bearing temperatures and vibration limits. SPV (UNDER INCOPORATION) 111 ___, 2026Transmission Service Agreement 8.16 Bearing and Shaft Vibration Measurement / Protection System Two Proximity sensors (90º apart) and necessary provisions for the monitoring of shaft vibration amplitudes shall be installed on each bearing. The vibration measurement system for the bearing shall be integrated with the vibration system provided for SynCon. At least two accelerometers per bearing shall be installed to monitor bearing casing vibration. 9. EXCITATION SYSTEM 9.1 General Microprocessor based excitation system with thyristor control shall be provided to suit the Synchronous condenser characteristics. The excitation system shall comply with the requirements of IEC 60034-3 unless otherwise specified. The excitation system may be offered as either:  Static Excitation System (SEE) using controlled power electronic converters, or  Brushless Excitation System (BES) using a shaft-mounted AC exciter and rotating rectifier assembly. In case of SEE, the AC power required for the excitation shall be tapped from the SynCon terminal, stepped down by means of excitation transformers and rectified by fully controlled thyristor bridges and then fed to the SynCon field thereby controlling the voltage output. In case of Brushless Excitation System, the excitation power shall be supplied by a shaft-mounted AC exciter after rectification through a rotating diode bridge. The offered excitation system shall be capable of delivering desired synchronous condenser terminal voltage and reactive power within the specified limits during all the steady-state and transient operating conditions. Any change in the SynCon terminal voltage shall be sensed by the voltage regulator which shall automatically control the field excitation to restore the setpoint. The temperature of the field shall be determined by the resistance method. 9.2 Static Excitation System (SEE) In case of SEE, it shall consist of following: a) Excitation transformer. b) A Set of Thyristor converters (fully redundant Thyristor bridges) of suitable numbers shall be provided. Power thyristor converter shall be fully controlled three phase, full wave bridge type with fast and high ceiling performance. The converter shall have ‘N+1’ redundancy where N is the number of bridges required to deliver rated excitation current and the ceiling voltage or current and '+1' provides redundancy such that the failure of one power section does not lead to any operational limitations. c) Facilities to ensure excitation power supply during starting d) Field breaker and field discharge and suppression equipment. 9.3 Brushless Excitation System: In case of BEE, it shall consist of following: (a) Shaft-mounted three-phase AC exciter with stationary field and rotating armature (b) Rotating rectifier assembly using high-reliability diodes with surge protection and SPV (UNDER INCOPORATION) 112 ___, 2026Transmission Service Agreement with either complete bridge as redundant or at least one redundant parallel branch in each of the six arms of the bridge. (c) No slip rings or brushes for main field current supply. (d) Field flashing equipment shall be provided for voltage build-up and recovery under low residual conditions. (e) Monitoring of rotating rectifier health via indirect measurement of exciter current, voltage, and unbalance detection. (f) High ceiling performance with minimum 160% ceiling field voltage. 9.4 Regulator and sequencer TSP shall provide Digital Controller and AVR having automatic voltage regulator mode (AVR) and field current regulator mode (Manual Mode), as well as the required sequencing and communication to the plant control system. It shall be according to following.  Number of independent regulators: 2 (full N+1 redundancy, completely doubled hardware)  Voltage Controller of PID-type/ PI type,  Manual (field current) regulator, common hardware with AVR  Bump less switch between voltage regulator and field current regulator  Digital sequencer as part of the software  Digital setpoint interface  Synchronous condenser voltage and current sensing: 1 or 3-phase measurement.  Reactive load compensation: raising/falling characteristic selectable  Field current limitation including: + Maximum limiter undelayed + Maximum limiter delayed + Minimum limiter undelayed  Stator current limitation  Over fluxing (Volts/Hertz) limiter  Reactive power regulator  Automatic generator voltage  Thyristor conduction supervision via AC thyristor current measurement or detection of field voltage shape  Soft start-up (provides smooth SynCon voltage increase according to required ramp)  Interface to control system via suitable protocol.  Power System Stabilizer  Provision to connect to LAN and NTP time server.  All Alarms and messages with timestamp.  Fault recorder which records and stores curves in case of alarms or trips. Auxiliary power supply to excitation control and protection shall include suitable redundancy such that failure of one auxiliary source shall not affect excitation system operation. Operation and monitoring: SPV (UNDER INCOPORATION) 113 ___, 2026Transmission Service Agreement Following Local operation and monitoring shall be provided via touch panel integrated in the front door of the control cabinet. Local operation Touch panel shall be Password protected. − excitation ON/OFF − setpoint RAISE/LOWER − AUTO, MANUAL selection − Voltage-/reactive power regulator or power factor regulator selection − Alarms acknowledgement − Indication shall include:  Measurement Values (SynCon Voltage and Current, Field current, SynCon active power, SynCon reactive power, SynCon power factor, etc.)  Event and Alarm lists  Other local functions All alarms of the excitation system are stored and indicated on SOE list in correct time sequence. Furthermore, the two alarms “Excitation Alarm” and “Excitation Trip” are wired to the terminal strip for external use. Further included components: − 1 precision Shunt for field current sensing − All MCBs with supervision contact − Real measuring, analogue Meters in regulators cabinet front door, for field current, field voltage, stator current and stator voltage − 4-20 mA signal for remote indication of excitation current − 4-20 mA signal for remote indication of excitation voltage 9.5 Closed-Loop Control The set points will be adjusted via the automatic follow-up function. Each automatic channel shall have its own manual controller for field current control and its own voltage and current transformer for the processing of the SynCon terminal voltage and terminal current. The excitation system shall provide three modes of operation:  Manual mode: the excitation current is modified locally via the Human Machine Interface (HMI) installed in the excitation panel, the automatic voltage control functions and the limiters are deactivated (test mode or commissioning mode).  Automatic Mode local: The automatic voltage control is active and the control setpoint for the terminal voltage control shall be modified via the HMI screen installed in the excitation panel.  Automatic Mode remote: The automatic voltage control is active and the control setpoint for the terminal voltage control shall be modified via plant operation and control interface. SPV (UNDER INCOPORATION) 114 ___, 2026Transmission Service Agreement The excitation system shall be electrically and thermally capable of delivering continuously up to 110 % of the rated field current required at design ambient temperature. The initial response ceiling voltage of the excitation system shall be adequate to meet the step response conditions as verified by Contractor/TSP - Synchronous Condensers design. The SEE shall be able to deliver a ceiling field voltage of minimum 160% of the rated field voltage (field voltage applicable at rated field current, rated SynCon terminal voltage and defined rated reactive power rating of the SynCon). The limiting functions of the automatic channel ensure that the SynCon is operated within its capability limits during grid operation. The following limiting and control functions shall be included:  Stator current limitation  Maximum field current limitation (field forcing)  Over excitation limitation (field current)  Under excitation limitation  V/f limitation The excitation system shall be provided with strategic spare parts. The Excitation System shall have following step response characteristics: Description Time Response time The duration from a step change in control Minimum 1 sec signal until the voltage changes by 90% of its final change, before any overshoot. Settling time With the Syncol Unit unsynchronised Maximum 1.5 sec following a disturbance equivalent to a 5% step change in the sensed Syncol Unit terminal voltage With the Syncol Unit Maximum 2.5 sec Following any disturbance which causes an Maximum 5sec excitation limiter to operate. 9.6 Power System Stabilizers Power System Stabilizers (PSS) are used to enhance damping of power system oscillations through excitation control(s). TSP shall implement PSS controls in line with IEEE Standards 421. The PSS controller shall have configurable range of frequency (to damp) to have a flexibility during the operation phase. 9.7 Power Supply In case of SEE, the excitation transformer shall be connected to SynCon isolated phase bus duct between generator circuit breaker and unit step up transformer or shall be supplied from the MV-busbar system. The excitation transformer shall be a three-phase, two- winding converter transformer. In the case of a Brushless Excitation System, the SynCon shall be provided with a shaft-mounted Permanent Magnet Generator (PMG) to supply independent power to the Excitation System, while the main rotor field excitation power shall be derived from the shaft-mounted AC exciter through rotating rectifiers. SPV (UNDER INCOPORATION) 115 ___, 2026Transmission Service Agreement 9.8 Operating Aspects The communication interface between the Excitation System and the plant operating control system shall have redundant connection. Signal exchange to the Excitation System shall comprise all commands for Excitation System and SFC operation and the set-point values for different Excitation System closed loop controls. The opposite direction from the Excitation System to the Synchronous Condenser unit control system shall include the feedback signals, actual values, and several alarm signals. An operator control panel shall be installed on the front door of the control cabinet. Local or remote operation can be selected by using the key switch at the control cabinet door. The operator control panel shall provide all required software tools to configure, maintain, and troubleshoot the excitation systems. 10. STARTING SYSTEM The machine starting system shall be supplied as a complete system including all equipment, control and power part, hardware and software, to perform, control and supervise the actual start-up process. The static frequency converter (SFC) shall be provided to accelerate the synchronous condenser from any speed to the nominal speed, so as to allow the synchronous condenser units connection to the network. Specifically, if any synchronous condenser is freewheeling (e.g. following a trip), the synchronous condenser shall be able to be accelerated by the SFC, without the need of having the synchronous condenser come to a complete rest. In addition to this the drive shall have the capability to decelerate the synchronous condenser following GCB opening. The synchronous condenser, the excitation system, the start-up system, the start supply transformer etc. shall not be overloaded in any respect; thermally, over fluxed, high currents / voltages or torque etc. The normal start sequence duration shall be approximatively 30 min. (estimated time, required starting time< 30min) from the first rotation to required overspeed for successful synchronization. At standstill, at the initialization of a sequence, the excitation shall be activated and supplying an excitation current to the rotor winding of the machine. The SFC equipment will increase the frequency of the compensator until a running speed required for successful synchronization is achieved. At this running speed of the SFC equipment, excitation is disconnected, and the exciting system of the compensator shall be activated. The compensator achieves rated voltage and is synchronized into the grid. If the synchronizing is unsuccessful, 2 further attempts shall be allowed. 11. Noise Levels The overall noise level of the Synchronous Condensers Units yard shall be no greater than 85 dB(A) when measured at a distance of one metre and at a height of 1.5 metre from any equipment except SynCon. In case of SynCon, the noise level when measured at approximately 1 m distance from the Synchronous condenser surface during normal SPV (UNDER INCOPORATION) 116 ___, 2026Transmission Service Agreement operation at rated ratings & ambient conditions shall not be more than 90 dB(A). 12. Step-up Power Transformer The TSP shall provide single phase step-up transformers to operate as 3- phase bank with one unit as a common spare for stepping up the voltage from a suitable medium voltage value to 400 kV system as required for replacing any one of the faulty phase units. Alternatively equivalent 3-ph transformer can also be provided, in which case spare transformer of same rating shall also be provided. TSP can have a common spare as mentioned above for all such SynCon Units whose Step up Transformer rating is same. Step up Transformer shall conform to CEA’s “Standard Specifications and Technical Parameters for Transformers and Reactors (66 kV and above voltage class)” as amended up to date available on CEA website. The Transformer shall be designed with the aim to achieve operation according to the overall performance requirements of the SynCon Station. The transformer should be designed and rated to carry complete capacitive and inductive reactive loading as specified for SynCon Station as well as harmonic currents associated with the most onerous operating conditions of SynCon Station, without loss of life. The transformer shall be designed in accordance with the most up-to-date experience in SynCon application and shall incorporate the latest improvements of design currently employed in the industry. The Comprehensive design review of the Transformer of SynCon Station shall be carried out by the TSP. 12.1 General Requirements The Step-up Power transformer shall be designed electrically and mechanically for operating conditions peculiar to SynCon Station operation, which shall include, but not be limited to the following: a) The transformer and all its accessories like Bushings, CTs etc. shall be designed to withstand without damage, the thermal and mechanical effects of any external short circuit to earth and of a short circuit across the terminals of any winding for a period of 3 seconds. The short circuit level of the 400 kV system to which the transformer shall be connected, will be as per the maximum short circuit level of the main substation. Short Circuit level of the Transformer shall be as per the Short Circuit level of the respective Substation. Short circuit level for HV bushing shall be 63 kA for 1 Sec. b) The transformer shall be capable of being loaded in accordance with IEC 60076 or the overload conditions as specified whichever is the worst. There shall be no limitation imposed by bushings during its terminal fault. c) The transformer shall be capable of withstanding the mechanical stresses caused by symmetrical or asymmetrical faults on any winding. d) All protection class Current Transformers in the transformer shall be of PX/PS type. Other details of these Current Transformers shall be as per protection/metering requirements and shall be decided during detailed engineering. However, the parameters of the Winding Temperature Indicator (WTI) of Current Transformer for each winding shall be as per the Transformer manufacturer. SPV (UNDER INCOPORATION) 117 ___, 2026Transmission Service Agreement e) Transformers shall be capable of operating under natural cooled conditions up to the specified load. The forced cooling equipment shall come into operation by pre- set contacts of winding temperature indicator and the transformer shall operate as a forced cooling unit initially as Oil Natural Air Forced (ONAF) up to a specified load and then as Oil Forced Air Forced (OFAF). Cooling shall be so designed that during total failure of power supply to cooling fans and oil pumps, the transformer shall be able to operate at full load for at least ten (10) minutes without the calculated winding hot spot temperature exceeding 140° (degree) Celsius. Transformers fitted with two coolers, each capable of dissipating 50 percent of the heat due to losses at the continuous maximum rating, shall be capable of operating for 20 minutes in the event of failure of the oil circulating pump or blowers associated with one cooler without the calculated winding hot spot temperature exceeding 140° degree Celsius at continuous maximum rating. f) The transformer shall be free from any electrostatic charging tendency (ECT) under all operating conditions when all oil circulation systems are in operation. In general, the oil flow speed shall not exceed 1.0 m/sec within winding in the oil flow system of the transformers. The manufacturer shall ensure that there is no electrostatic charging tendency in the design. The Technical Parameters of the Transformer shall be as below Table 3 Sl. No. Description Unit Technical Parameters 1.1 Rated Capacity HV MVA To meet the performance MV MVA requirement and ratings of SynCon. The transformer shall be suitable for 100% reactive loading 1.2 Voltage ratio (Line to Line) XX (*)/400 kV 1.3 Single / Three Phase Design Single phase/Three phase 1.4 Applicable Standard IEC 60076 1.5 Rated Frequency Hz 50 1.6 Cooling and Percentage Rating at ONAN/ONAF/(OFAF or different cooling ODAF): 60% / 80%/100% OR ONAN/ONAF1/ONAF2: 60% /80%/100% OR OFAF (with 5 x 25% unit cooler if required) 1.7 Impedance at 75oC (in percentage) HV–MV To suit the design requirements. 1.8 Tolerance on Impedance (HV-MV) % As per IEC 1.9 Service Outdoor 1.10 Duty Continuous Reactive loading 1.11 Overload Capacity IEC-60076-7 1.12 Temperature rise over 50 oC ambient Temp SPV (UNDER INCOPORATION) 118 ___, 2026Transmission Service Agreement Sl. No. Description Unit Technical Parameters i) Top oil measured by thermometer 0C 50 ii) Average winding measured by 0C 55 resistance Method 1.13 Windings i) System Fault level HV kA 63 MV kA To suit the design requirements. ii) Lightning Impulse withstand Voltage HV kVp 1425 MV kVp * Neutral kVp 170 iii) Switching Impulse withstand Voltage HV kVp 1175 iv) One Minute Power Frequency withstand Voltage HV kVrms 630 MV kVrms * Neutral kVrms 70 v) Neutral Grounding Solidly grounded vi) Insulation HV Graded MV Uniform vii) Tan delta of winding % < 0.5 1.14 Vector Group (3 – ph) YNd* (unless specified differently elsewhere) 1.15 Tap Changer * 1.16 Bushing i) Rated voltage HV kV 420 MV kV * Neutral kV 36 ii) Rated current (Min.) HV A * MV A * Neutral A * iii) Lightning Impulse withstand Voltage HV kVp 1550 MV kVp * Neutral kVp 170 iv) Switching Impulse withstand Voltage HV kVp 1175 v) One Minute Power Frequency withstand Voltage HV kVrms 750 MV kVrms * SPV (UNDER INCOPORATION) 119 ___, 2026Transmission Service Agreement Sl. No. Description Unit Technical Parameters Neutral kVrms 77 vi) Minimum total creepage distances HV mm/kV 31 MV mm/kV 31 Neutral mm/kV 31 vii) Tan delta of bushings HV % Refer Note 2 MV % Refer Note 2 viii) Max Partial discharge level at Um HV pC 10 MV pC 10 Neutral - 1.17 Max Partial discharge level at 1.58 * pC 100 Ur /√3 1.18 Max Noise level at rated voltage and dB 80 at principal tap at no load and all cooling Active 1.19 Maximum Permissible Losses of Transformers i) Max. No Load Loss at rated voltage kW To suit the design requirements. and Frequency ii) Max. Load Loss at maximum kW To suit the design requirements. continuous current and at 75O C iii) Max. Auxiliary Loss at rated voltage kW To suit the design requirements. and Frequency Notes: 1. No external or internal Transformers / Reactors are to be used to achieve the specified HV/MV impedances. 2. The criteria for Transformer losses shall be “Copper Loss (Load Loss) > Iron Loss (No Load Loss) > Cooler Loss (Auxiliary Loss)”. (*) marked parameters shall be decided based on SynCon manufacturer’s requirement 13. Generator Circuit Breaker The Circuit Breaker shall in general be of G2/M2 class and comply to IEC/IEEE 62271-37- 013:2021. They shall satisfy the General Technical Requirements and shall be designed to operate in the environmental conditions specified in this specification. 14. Bus duct (a) The generator bus duct shall comply with the requirements of the latest versions of relevant Indian Standards or International Electrotechnical Commission standards. (b) The bus duct shall be designed to carry maximum continuous current under normal site conditions without exceeding temperature rise limits. Based on these requirements standard size of bus duct as per relevant Indian Standards or International Electrotechnical Commission standards shall be used. (c) Generator bus duct shall be segregated or isolated phase type. Bus duct rated more SPV (UNDER INCOPORATION) 120 ___, 2026Transmission Service Agreement than 3150 Amperes shall be isolated phase type. The isolated phase ducts shall be preferred over the segregated phase bus ducts. The bus duct rated more than 6000 Amp shall be continuous isolated phase type. (d) A hot air blowing system or air pressurization system shall be provided to prevent moisture deposition in case of isolated phase busducts while space heaters may be provided in case of other bus ducts. 15. Selection of Insulation Levels 15.1 Surge Arrestors Protective levels of arresters connected to the 400 kV AC Bus Bars of the SynCon Station shall be coordinated with the insulation and surge arrester Characteristics of the 400 kV AC systems to which the SynCon Station is to be connected. The specification and characteristics of the surge arresters installed in 400 kV AC system is given in Substation specification. The front of wave (FWWL), lightning impulse (LIWL) and switching impulse (SIWL) withstand levels shall be determined by the following margins: a) A SIWL at least 1.15 times the switching impulse protection level. b) A LIWL which is an IEC standard level corresponding to the SIWL and shall be at least 1.25 times the lightning impulse protection level. c) A FWWL which is at least 1.25 times the front of wave protection level. In addition to above minimum basic requirement the various insulations level of 400 kV equipment shall be as below. The SynCon Station equipment, Step-up Transformers etc. shall be co- ordinated accordingly. SIWL LIWL All equipment other than Transformer Bushing 1175 kVp 1550 kVp and winding 15.2 Air clearances The air clearances shall be determined by the TSP based on the required withstand levels for all waveforms in order to limit the probability of flashover within the SynCon Station to a target value of one flashover in 15 years. 15.3 Switchyard The air clearances for switchyard equipment shall be equal to or greater than minimum values as specified in IEC-60071. Altitude correction factor (if any) shall also be considered as per IEC. 15.4 Leakage distances The Creepage/leakage distance across insulation shall be determined by the TSP and shall be adequate to ensure that under condition of heavy pollution, the probability of a flash over of an insulator does not exceed one in 15 years. However, the leakage distance for all AC insulators for outdoor installation shall not be less than 25 mm/kV of the maximum operating phase to earth rms voltage at the insulator. The leakage distance of equipment connected to 400 kV systems shall not be less than 10500 mm. Specific creepage distance for outdoor bushings, insulator strings and long rod insulators shall be minimum 31mm/kV. SPV (UNDER INCOPORATION) 121 ___, 2026Transmission Service Agreement 16. PROTECTION SYSTEM The synchronous condenser unit shall have a protection system with necessary back-ups to protect the equipment from critical failures and faults. The protection systems shall be secure and reliable to minimize any damage due to faults in the system. Protection relays shall be numerical type. The mechanical protection (overtemperature, vibration) should be implemented in SynCon control panel system. 16.1 General Protection Concept The function of the protective equipment is the detection of faults and the minimization of further damages. The selected protective system must ensure that faults are detected fast, selectively acted upon, and announced to the owner of the station. The protection system must ensure correct behavior during normal operation of the synchronous condenser unit even in case of faults outside the protected zone. The protective systems shall be independent of other equipment according to the protection philosophy. The protection equipment must be designed with a comprehensive monitoring function to provide a high level of reliability and to avoid unnecessary shutdowns due to protection equipment malfunction. The monitoring system must elicit an alarm and block protection in case of internal defects. A redundancy concept of the protection system design shall apply to the SynCon and the machine transformer consistently throughout by duplicating all the essential components. All implemented protection functions shall be doubled in the main A and main B protection relays. The redundancy starts with separate instrument transformer cores and continues through the protection relays and trip signal, which must pass through separate DC voltage paths to switchgear with 2 circuit-breaker trip coils. All protection zones shall have overlapping zones by using different CT’s or CT cores. The protection relays shall be mounted in separate panels for A and B protection. The auxiliary transformers shall be protected with overcurrent protection function. 16.2 Protection zones The protection system for the synchronous condenser unit must be divided into various protection zones: - Protection for the high voltage side of machine transformers - Protection for the machine transformer included the isolated phase bus - Protection for the synchronous condenser - Protection for the MV/Auxiliary transformer For the main protection zones common tripping relays must be used for protection A and B. All types of faults that shall be detected by the protection system. - Heavy short circuit faults (2 / 3 phase- and double earth fault) based on differential (ANSI 87) and overcurrent measuring (ANSI 50/51) principle. - Single earth faults at the SynCon side of the transformer and IPB system by displacement voltage detection without selection where the fault happened. 16.3 Protection Functions SPV (UNDER INCOPORATION) 122 ___, 2026Transmission Service Agreement A. Minimum Synchronous Condenser Protection Functions Function Main A Main B Biased SynCon Differential Protection (87 G) Y Y 95% Stator Earth Fault Protection (64 G1) Y N 100% Stator Earth Fault Protection (64 G2) N Y Loss of Field Protection (40G) Y Y Backup Impedance Protection (21G) G)(21GProtection) Y Y Overvoltage Protection (59G) Y Y Negative Phase Sequence Current Protection (46G) Y Y Under Frequency Protection (81G) Y Y Overload Protection for SynCon (51G) Y Y Rotor Earth Fault Protection (64R) Y Y Under Excitation Protection Y Y Bearing Current Protection (50SC) Y Y SynCon Pole slipping protection (98G) Y Y Excitation System Overcurrent Protection (50/51 EXE) Y Y Dead machine (27/50G) Y Y B. Step Up Transformer Protection Functions Function Main A Main B Biased Differential Y Y Overcurrent Protection Y Y Over fluxing Protection Y Y Low Side Neutral Voltage Displacement Protection Y Y Buchholz Protection Y N Explosion Vent Protection N Y LV Winding Temperature Protection N Y HV Winding Temperature Protection Y N C. Unit Transformer Protection Functions (Auxiliary Transformers) Function Main A Main B HV High set Overcurrent Protection Y Y HV Overcurrent Protection Y Y Over fluxing Protection Y Y Buchholz Protection Y N Explosion Vent Protection N Y LV Winding Temperature Protection Y N HV Winding Temperature Protection N Y D. Pony Motor Protection Functions (if applicable) Function Main A Main B Overcurrent Y N Overload / Thermal Protection Y N Undercurrent Protection Y N No of Starts Limiter Y N SPV (UNDER INCOPORATION) 123 ___, 2026Transmission Service Agreement E. Generator Circuit Breaker Function Main A Main B Current Checked Circuit Breaker Failure Protection Y N Trip Circuit Supervision Y Y Synchronizing Y N F. Breaker Failure Protection a) High voltage circuit breaker Each trip to the high voltage circuit breaker must simultaneously initiate a breaker failure start in the high voltage feeder protection system. This signal must be integrated in the high voltage feeder protection relay, which executes the breaker failure protection. b) Generator circuit breaker In case the generator circuit breaker does not open after a trip command, the breaker failure function in the SynCon protection relay must send an inter-trip signal to the high voltage circuit breaker. The start of the breaker failure protection shall be realized over a signal from the trip relays to a binary input to the protection relays. This ensures that all trip signals will start the breaker failure function. The breaker failure protection supervises the current and the auxiliary contacts of the circuit breaker. Generator Circuit Breaker Control The control of the generator circuit breaker and the related disconnectors/earthing switches shall be implemented in synchronizing device. Interlocking The electrical interlocking shall be implemented in the software logic of the control device. The interlocking shall be realized with hardwired release signals. The release signal of the earthing switch and disconnector to and from the HV switchgear will be send as electrical signal. The earthing switch on the SynCon side must be interlocked with a release signal from the SynCon control system (it is only possible to close the earthing switch if the SynCon is stopped). Synchronizing the SynCon For the Synchronous condenser synchronizing a synchronizing relay shall be used. This synchronizing relay must work as a synchronizer. The synchronization of the SynCon to the grid shall be part of the start sequence of the SynCon control. In the synchronization step, synchronizing device monitor the voltage, the frequency, and the phase angle on both sides of the generator circuit breaker. The synchronization device will send increase or decrease commands to the excitation system until the Synchronous condenser voltage matches the grid voltage. If the voltage, frequency, and phase angle are within the set limits the close command to the generator circuit breaker will be issued by the synchronizing device. SPV (UNDER INCOPORATION) 124 ___, 2026Transmission Service Agreement 16.4 Control and Protection SFC-MV Switchgear The control of the medium voltage feeder for the SFC can be implemented in multifunctional control & protection relays. 16.5 Control of Auxiliary System The control of the auxiliary system shall be implemented in the SynCon control panel. 16.6 Voltage Regulator for the Tap Changer The control of the voltage regulator of the Main Transformer (On Load Tap-Changer) and monitor auxiliary transformer (Off Load Tap-Changer) shall be implemented in a SynCon control panel. 16.7 Communication and Time Synchronization Communication to Control System The protection and control devices shall be connected to the plant control system through an optical Ethernet communication network configured in a ring or other redundant topology. Communication shall be based on the IEC 61850 standard. All protection and control signals, including trip signals, shall be transmitted to and processed within the plant control system and shall be displayed and monitored through the HMI system.. Time synchronization must be realized over the same interface. Time synchronization to protection devices shall be over network time protocol. TSP shall follow CEA (Cyber Security in Power Sector) Guidelines, 2021. 16.8 Specific Requirement for Phasor Measurement Units (PMUs) TSP shall supply, install and commission required No. of Phasor Measurement Units (PMUs) as per the “Guidelines on Unified Philosophy for placement of PMUs in Indian Grid” issued vide CEA letter No. CEA-PS-14-12/9/2024-PSETD Division dated 19.03.2025 for the SynCon. The PMUs shall be provided with LAN switch and shall connect with LAN switch of control room of respective substations/ generating stations with Fibre Optic cable. The PMUs shall be connected with the FOTE at Substation/ generating stations for onwards data transmission to the PDC (Phasor Data Concentrator) located at respective RLDC. Configuration work in existing PDC at RLDC for new PMU integration shall be done by respective RLDC, however all the necessary support in this regard shall be ensured by TSP. The maintenance of all the PMUs and associated equipment shall be the responsibility of TSP. Note: Existing Station owner/s to provide necessary support to integrate different equipment and applications of new extended bays with the existing substation e.g. Communication (through FOTE), Voice etc. for smooth operation and monitoring of new added grid elements. 16.9 Fault Recorder Devices The integral fault recorder function of the protection relay shall be used for recording of the current, the voltage and the trip signals during a fault in the electrical system. If a trip occurs anywhere within the system, all fault recorders of all protection relays shall be triggered by a hardwired binary signal. This ensures that all relevant binary and analogue signals of the whole system will be recorded in case of a fault. For testing and monitoring purpose, a manual trigger of the fault recorders must be foreseen. SPV (UNDER INCOPORATION) 125 ___, 2026Transmission Service Agreement Data Storage The transfer of the fault/ disturbance records should be performed over the communication interface and the IEC61850 protocol. Fault Analyses Evaluation and analyses of the fault records take place on the engineering workstation. 16.10 Generator Disturbance Recorder (DR) a) One No. microprocessor-based Disturbance Recorder (DR) shall be provided for each synchronous condenser to record graphic form of instantaneous values of voltage and current in all three phases and neutral, open and closed positions of relay contacts and breaker during disturbances. b) It shall have the facility for slow and fast scan to record transient and dynamic performance of the system. c) Both slow and fast scan facility shall have atleast 8 analog and 16 digital inputs. d) The slow scan facility shall be provided with the following minimum features - The input shall be MW, MVAR, field voltage, frequency and generator terminal voltage etc. Any transducers, if required for interfacing, shall be provided. - It shall be suitable to record the frequency excursions and response of generator field and governor control on system fluctuations. - It shall have options to select the scan rate in the range having a min. of 10Hz suitable to facilitate capture of low frequency waveforms in the range of 0.5 - 3Hz. - The non-volatile memory shall be suitable for recording for a minimum of 15 minute at scan rate corresponding to selected pre-fault zone of recording. e) The fast scan facility shall be provided with the following minimum features - The input shall be voltages and current etc. Any transducers, if required for interfacing, shall be provided. - It shall have scan rate of 1000 Hz or better for sampling each of the analog channel having fundamental frequency of 50 Hz. The frequency response for these channels shall be DC on the lower side to 500 Hz or better on the upper side. Any interposing devices provided shall be suitable for this frequency response. - The pre and post fault recording time shall be atleast 200 ms and 5s respectively. f) All external and internal faults in the DR equipment such as power supply fail, printer faults, paper exhausting, processor failure, memory failure etc. are to be indicated by means of light emitting diodes on the front of the panel of restitution unit. The DR shall be provided with a MMI (man machine interface) through a PC with VDU, keyboard and printer. g) The internal clock of the system shall be synchronized through the GPS. The output shall be in IEEE/ COMTRADE format. The format shall be compatible for dynamic SPV (UNDER INCOPORATION) 126 ___, 2026Transmission Service Agreement protection Relay Test Kit Necessary interfacing and software for analysis shall also be provided. h) The amplitude resolution of the analog channels shall not be less than 16 bit and event resolution for digital channels shall be 1ms or better. 16.11 Metering Operational Metering The unit operational metering is measured by multifunction meter and linked to synchronous condenser control system for operation and control purposes. 16.12 SynCon Station Auxiliary Power Supply The auxiliary supply of SynCon Station shall conform with the system requirements relating to reliability, availability, and redundancy, performing continuously to help ensure that the complete SynCon Station operates as per the requirements. SynCon Station Auxiliary supply including all necessary switchgear (viz. AC/DC, lighting boards etc.) shall be completely separate from the main 765/400/220 kV substation auxiliary supply, all loads of SynCon station shall be fed from this supply. The auxiliary supply provides power to the excitation system, starting system, controllers, cooling system, station supplies, and various other essential and non-essential loads. All essential loads are connected to the DC system of the SynCon Station which is also to be provided separately from the DC system of the main 765/400/220 kV substation. The auxiliary supply system shall be able to provide a stable supply for the SynCon Station during system faults such as single-phase faults, phase-to-phase faults, and three-phase faults and LVRT (Low Voltage Ride Through) to allow continuous operation of the SynCon Station during these transient events. Auxiliary Supply System of SynCon Station shall be fed from two independent sources as per CEA (Technical Standards for Connectivity to the Grid) Regulations, 2007. In addition to this one emergency incomer from DG set shall also be there. DG set of SynCon Station shall be separate from DG set of Main Substation. 16.13 Power and control cables, and cabling (i) For essential auxiliaries, the power and control cables shall be of fire survival type. All other Power and control cables shall be of flame retardant low smoke (FRLS) type. (ii) Cables to be directly buried shall be essentially armoured type. (iii) Flame retardant low smoke cables and fire survival cables shall meet test requirements as per relevant American Society of Testing and Materials, International Electrotechnical Commission, Institute of Electrical and Electronics Engineers and Swedish Standards. (iv) Derating factors for site ambient and ground temperatures, grouping and soil resistivity shall be considered while determining the size of cables. (v) Cable installation shall be carried out as per relevant IS and other applicable standards. (vi) Power cables and control cables shall be laid on separate tiers. The laying of different voltage grade cables shall be on different tiers according to the voltage grade of the cables with higher voltage grade cables in topmost tier and control cables in SPV (UNDER INCOPORATION) 127 ___, 2026Transmission Service Agreement bottommost tier. (vii) All cables associated with one unit shall preferably be segregated from cables of other units. (iv) Cable routes for one set of auxiliaries of same unit shall be segregated from the other set. 16.14 Fire Protection System for SynCon Station: Necessary fire protection for SynCon units and Step-up Transformer shall be required. The main features of these protections are as under. A) Fire Detection and Alarm System: Suitable fire detection system using smoke detectors and/or heat detectors shall be provided in SynCon Station for all room and areas. These smoke fire detection systems shall be connected to a separate Fire annunciation system clearly identifying the zone. B) Hydrant System: The hydrant system shall be extended from fire-fighting system of the substation in the yard. Suitable number of hydrants shall be provided for protection of SynCon Station equipment in the yard namely Step-up Transformers etc. as applicable for the station. Further suitable number of hydrants shall also be provided for SynCon Station building HVW System: HVW (High Velocity Water) Spray system shall be provided for Step-up transformers. The tapping for HVW system shall be done from nearby transformer/Reactor or any other suitable point of the main substation fire-fighting line. Fire protection system shall be provided in accordance with the Central Electricity Authority (Measures relating to Safety and Electric Supply) Regulations, 2023. 17. VISUAL MONITORING SYSTEM FOR WATCH AND WARD OF SynCon STATION Visual monitoring system (VMS) for effective watch and ward of SynCon station premises covering the areas of entire switchyard, SynCon building, Step-up Transformer, Cooling Towers and Main gate, shall be provided. The TSP shall design, supply, erect, test and commission the complete system including cameras, Digital video recorder system, mounting arrangement for cameras, cables, LAN Switches, UPS and any other items/accessories required to complete the system. System with Colour IP Cameras for VMS surveillance would be located at various locations including indoor areas and outdoor switchyard. The VMS data partly/completely shall be recorded (minimum for 15 days) and stored on network video recorder. Features of VMS system shall be as those specified for main substation. The number of cameras and their locations shall be decided in such a way that any location covered in the area can be scanned. The cameras shall be located in such a way to monitor at least: a) Step-up Transformers. b) SynCon Cooling System, Electrical and Mechanical Auxiliary area. c) Entrance to SynCon Station. SPV (UNDER INCOPORATION) 128 ___, 2026Transmission Service Agreement d) All other Major Equipments (such as CB, CT, VT, SA etc.) The cameras can be mounted on structures, buildings or any other suitable mounting arrangement. Advisory on deployment of CCTV issued by Ministry of Electronics and Information Technology (MEITY) shall be followed. 18. Spares, Special Tools and Tackles Considering high technology proprietary equipment of the SynCon TSP shall ensure necessary spares are procured to maintain the necessary reliability and availability of SynCon Station. Further all necessary special tools and tackles required for erection, testing, commissioning and maintenance of equipment shall also be taken. 19. Losses 19.1 Calculation of losses The TSP must guarantee total losses of less than 2% of highest reactive power output of SynCon Station at PCC for complete Synchronous Condenser Station, under the following conditions: a) At 40oC ambient temperature for specified Short Circuit Contribution at Point of Common Coupling b) Specified rated frequency & voltage at Point of Common Coupling The TSP shall calculate the total losses of the Synchronous Condenser Unit at each operating point specified below which must meet the guaranteed total losses mentioned above. The calculation of guarantee total losses shall include losses of all the components up to the PCC including losses of the synchronous condenser, flywheel (if applicable), IPB, transformer and the relevant auxiliary systems like pumps, fans, excitation system, building HVAC etc., whether conducting currents or not, based on the above assumptions. The operating points shall be as follows: i) Maximum Capacitive Output. ii) Maximum Inductive Output; and iii) Zero MVAr Output. The actual losses shall be measured during SAT. 19.2 Loss measurement Procedure according to IEC 60034-2-2 using the retardation method: Losses will be determined by measurement of partial losses using retardation method according to the ITP and as specified in IEC 60034-2.1, chapter 7.1.1, method 2-1-2C: Summation of separate losses without a full load test. Short circuit test for the determination of the additional load losses to be applied for one type of synchronous machine per plant. 20. Availability and Reliability 20.1 Availability The percentage availability of Synchronous Condenser is defined as follows: SPV (UNDER INCOPORATION) 129 ___, 2026Transmission Service Agreement 𝑇𝑜𝑡𝑎𝑙 𝑡𝑖𝑚𝑒 𝑆𝑦𝑛𝐶𝑜𝑛 𝑖𝑠 𝑎𝑏𝑙𝑒 𝑡𝑜 𝑃𝑒𝑟𝑓𝑟𝑜𝑚 𝑠𝑝𝑒𝑐𝑖𝑓𝑖𝑒𝑑 𝐷𝑢𝑡𝑦 % 𝐴𝑣𝑎𝑖𝑙𝑎𝑏𝑖𝑙𝑖𝑡𝑦 = 𝑥 100 𝑇𝑜𝑡𝑎𝑙 𝑡𝑖𝑚𝑒 𝑃𝑒𝑟𝑖𝑜𝑑 Synchronous Condenser shall be considered to be available for service only if it is able to perform the whole of the specified duty. Operation with limited control functions or within a limited range of outputs (any parameters i.e. Inertia, Short Circuit MVA and Capacitive and Inductive MVAr) due to a subsystem failure shall be treated as unscheduled servicing downtime. The period basis for availability calculation shall be 12 months (365 days). The total time period during which the SynCon Station is not able to perform the specified duty shall include Planned Outage hours (POH), Maintenance Outage Hours (MOH) and Forced Outage Hours (FOH). Planned Outage (POH = Planned Outage Hours) is the state where the Equipment is unavailable due to Planned Maintenance activities (Scheduled Routine Maintenance, Scheduled Annual and Biennial Maintenance, Small Revisions and Major Revisions) that require the shutdown of the Equipment. Such activities leading to a Planned Outage. Unplanned Outage Unplanned Outage is the state where the Equipment is unavailable but is not in the Planned Outage state. The Unplanned Outage can be due to Forced Outage Hours (FOH = Forced Outage Hours) or due to Maintenance Outage Hours (MOH = Maintenance Outage Hours) Forced Outage is considered as an outage that requires removal of the Equipment from the Available State immediately or within 7 days maximum. Maintenance Outage is considered an outage that does not require immediate removal from the Available State but requires the Equipment to be removed from the Available State before the next Planned Outage. This is scheduled at least 7 days in advance (otherwise it’s classified as FOH). 20.2 Reliability In the assessment of reliability, the following events shall also be considered to constitute a SynCon Station outage: i) A SynCon Station shut down. ii) A reduction of SynCon Station capacity (any parameters i.e. Inertia, Short Circuit MVA and Capacitive and Inductive MVAr) due to an outage of any component of SynCon Station The calculated reliability of the complete SynCon Station shall be equal to or exceed the following design target values. Design target for Max acceptable Guaranteed SynCon Station value for SynCon Station Total Number of Forced 3 5 Outages Here definition of Forced Outage shall be considered as same as given in the “20.1 Availability”. The period basis for availability calculation shall be 12 months (365 days). SPV (UNDER INCOPORATION) 130 ___, 2026Transmission Service Agreement 21. Training on Synchronous Condenser As a part of project, it shall be under the scope of TSP to provide the training regarding design, manufacturing, construction, testing, control & protection aspects of Synchronous Condenser at Manufacturer’s works and training on operation & maintenance at some commissioned Project of the manufacturer for atleast 10 man-months to officials from CEA/CTU/Grid India in addition to its own manpower for the project. SPV (UNDER INCOPORATION) 131 ___, 2026Transmission Service Agreement ANNEXURE-C Contingency Cases for Fatehgarh-II SYNCON A) N-1 Contingency Contingency at 765 kV level 1. Three Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) (fault persist for 100 ms) 2. Single Phase to Ground Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) 3. Three Phase Fault close to 765 kV bus of Bhadla-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) (fault persist for 100 ms) 4. Single Phase to Ground Fault close to 765 kV bus of Bhadla-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) 5. Three Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) (fault persist for 100 ms) 6. Single Phase to Ground Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) 7. Three Phase Fault close to 765 kV bus of Bhadla-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) (fault persist for 100 ms) 8. Single Phase to Ground Fault close to 765 kV bus of Bhadla-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) 9. Three Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS–Bhadla (PG) 765 kV D/c line (fault persist for 100 ms) 10. Single Phase to Ground Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla (PG)765 kV D/c line 11. Three Phase Fault close to 765 kV bus of Bhadla (PG) followed by tripping of one circuit of Fatehgarh-II PS–Bhadla (PG)765 kV D/c line (fault persist for 100 ms) 12. Single Phase to Ground Fault close to 765 kV bus of Bhadla (PG) followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS–Bhadla (PG)765 kV D/c line Contingency at 400 kV level SPV (UNDER INCOPORATION) 132 ___, 2026Transmission Service Agreement 13. Three Phase Fault close to 400 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line (fault persist for 100 ms) 14. Single Phase to Ground Fault close to 400 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line 15. Three Phase Fault close to 400 kV bus of Fatehgarh-III (Sec-1) followed by tripping of one circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line (fault persist for 100 ms) 16. Single Phase to Ground Fault close to 400 kV bus of Fatehgarh-III (Sec-1) followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line 17. Three Phase Fault close to 400 kV bus of Fatehgarh-II PS followed by tripping of one circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) (fault persist for 100 ms) 18. Single Phase to Ground Fault close to 400 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) 19. Three Phase Fault close to 400 kV bus of Fatehgarh-I followed by tripping of one circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) (fault persist for 100 ms) 20. Single Phase to Ground Fault close to 400 kV bus of Fatehgarh-I followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. tripping of one circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) B) N-1-1 Contingency Contingency at 765 kV level 21. Case 1 + Single Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) 22. Case 3 + Single Phase Fault close to 765 kV bus of Bhadla-II followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (1st D/c) 23. Case 5 + Single Phase Fault close to 765 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) 24. Case 7 + Single Phase Fault close to 765 kV bus of Bhadla-II followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla-II 765 kV D/c line (2nd D/c) SPV (UNDER INCOPORATION) 133 ___, 2026Transmission Service Agreement 25. Case 9 + Single Phase Fault close to 765 kV bus of Fatehgarh-II PS (Sec-2) followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla (PG) 765 kV D/c line 26. Case 11 + Single Phase Fault close to 765 kV bus of Bhadla (PG) followed by single pole opening (100 ms) of the faulted phase and successful re-closure (dead time 1 second) of 2nd circuit of Fatehgarh-II PS–Bhadla (PG) 765 kV D/c line Contingency at 400 kV level 27. Case 13+ Single Phase Fault close to 400 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. 2nd circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line 28. Case 15+ Single Phase Fault close to 400 kV bus of Fatehgarh-III (Sec-1) followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. 2nd circuit of Fatehgarh-II PS –Fatehgarh-III (Sec-1) 400 kV D/c line 29. Case 17+ Single Phase Fault close to 400 kV bus of Fatehgarh-II PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. 2nd circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/C line (ch. at 765 kV level) 30. Case 19+ Single Phase Fault close to 400 kV bus of Fatehgarh-I PS followed by single pole opening (100 ms) of the faulted phase and unsuccessful re-closure (dead time 1 second) followed by 3-pole opening (100 ms) of the faulted line i.e. 2nd circuit of Fatehgarh-II PS –Fatehgarh-I 400 kV D/c line (ch. at 765 kV level) Contingency at 400 kV and 220 kV level (Generation) 31. Three phase fault close to 220 kV Fatehgarh-II PS bus with Tripping of 500MW generation at 220KV Fatehgarh-II PS bus 32. Three phase fault close to 400 kV Fatehgarh-II PS PS bus, with Tripping of 1000MW generation at 400 kV Fatehgarh-II PS bus 33. Three phase fault close to 400 kV Fatehgarh-I PS PS bus, with Tripping of 1200MW generation at 400 kV Fatehgarh-I PS bus Contingency of STATCOM 34. Outage of one unit of STATCOM (+300MVAr, 2x125MVAr MSC, 1X125MVAr MSR) Note: 1. In the ‘N-1-1’ as stated above, if there is a temporary fault, the system shall not lose the second element after clearing of fault but shall successfully survive the disturbance. SPV (UNDER INCOPORATION) 134 ___, 2026Transmission Service Agreement 2. In case of permanent fault, the system shall lose the second element as a result of fault clearing and thereafter, shall asymptotically reach to a new steady state without losing synchronism. In this new state, the system parameters (i.e. voltages and line loadings) shall not exceed emergency limits, however, there may be requirement of load shedding / rescheduling of generation so as to bring system parameters within normal limits. 3. All contingency cases to be performed in all study files provided by BPC to respective TSP Simulation tests to demonstrate the LVRT & HVRT compliance of other requirements of Syncon Duration of Pre - fault To be done in To be done in Test PCC Target Nature of voltage dip Reactive Power PSCAD PSS/E (Generic No. Voltage (pu) voltage dip (sec) dispatch (pu) (Generic & UDM) & UDM) 1.0 (Under 1 1 No Flat run (60s) Yes Yes excited) 0.1 (Under 2 1 No Flat run (60s) Yes Yes excited) 1.0 (Over 3 1 No Flat run (60s) Yes Yes excited) 0.1 (Over 4 1 No Flat run (60s) Yes Yes excited) LVRT 5 0.85 3.0 Yes Yes 6 0.5 1.65 Balanced Yes Yes 7 0.15 0.3 Three phase Yes Yes 8 0.85 3.0 Yes No 1.0 (Under 9 0.5 1.65 Unbalanced Yes No excited) 10 0.15 0.3 (LL) Yes No 11 0.85 3.0 Yes No 12 0.5 1.65 Unbalanced Yes No 13 0.15 0.3 (LG) Yes No 14 0.85 3.0 Yes Yes 15 0.5 1.65 Balanced Yes Yes 16 0.15 0.3 Three phase Yes Yes 17 0.85 3.0 0.5 (Under Yes No 18 0.5 1.65 excited) Unbalanced Yes No 19 0.15 0.3 (LLG) Yes No 20 0.85 3.0 Yes No 21 0.5 1.65 Unbalanced Yes No 22 0.15 0.3 (LG) Yes No 23 0.85 3.0 Yes Yes 24 0.5 1.65 Balanced Yes Yes 25 0.15 0.3 Three phase Yes Yes 26 0.85 3.0 Yes No 0.25 (Under 27 0.5 1.65 Unbalanced Yes No excited) 28 0.15 0.3 (LLG) Yes No 29 0.85 3.0 Yes No 30 0.5 1.65 Unbalanced Yes No 31 0.15 0.3 (LG) Yes No SPV (UNDER INCOPORATION) 135 ___, 2026Transmission Service Agreement Duration of Pre - fault To be done in To be done in Test PCC Target Nature of voltage dip Reactive Power PSCAD PSS/E (Generic No. Voltage (pu) voltage dip (sec) dispatch (pu) (Generic & UDM) & UDM) 32 0.85 3.0 Yes Yes 33 0.5 1.65 Balanced Yes Yes 34 0.15 0.3 Three phase Yes Yes 35 0.85 3.0 Yes No 1.0 (Over 35 0.5 1.65 Unbalanced Yes No excited) 36 0.15 0.3 (LL) Yes No 37 0.85 3.0 Yes No 38 0.5 1.65 Unbalanced Yes No 39 0.15 0.3 (LG) Yes No 40 0.85 3.0 Yes Yes 41 0.5 1.65 Balanced Yes Yes 42 0.15 0.3 Three phase Yes Yes 43 0.85 3.0 0.5 (Over Yes No 44 0.5 1.65 excited) Unbalanced Yes No 44 0.15 0.3 (LL) Yes No 45 0.85 3.0 Yes No 46 0.5 1.65 Unbalanced Yes No 47 0.15 0.3 (LG) Yes No 48 0.85 3.0 Yes Yes 49 0.5 1.65 Balanced Yes Yes 50 0.15 0.3 Three phase Yes Yes 51 0.85 3.0 Yes No 0.25 (Over 52 0.5 1.65 Unbalanced Yes No excited) 53 0.15 0.3 (LLG) Yes No 54 0.85 3.0 Yes No 55 0.5 1.65 Unbalanced Yes No 56 0.15 0.3 (LG) Yes No HVRT Duration of Pre - fault To be done in To be done in Test PCC Target Nature of voltage swell Reactive Power PSCAD PSS/E (Generic No. Voltage (pu) voltage dip (sec) dispatch (pu) (Generic & UDM) & UDM) 57 1.5 0.1 Yes Yes Balanced 58 1.3 10 Yes Yes Three phase 59 1.1 Continuous 1.0 Yes Yes 60 1.5 0.1 (Under excited) Yes No 61 1.3 10 Single phase Yes No 62 1.1 Continuous Yes No 63 1.5 0.1 Yes Yes Balanced 64 1.3 10 Yes Yes 0.5 (Over Three phase 65 1.1 Continuous Yes Yes excited) 66 1.5 0.1 Yes No 67 1.3 10 Single phase Yes No 68 1.1 Continuous Yes No 69 1.5 0.1 0.25 (Over Balanced Yes Yes 70 1.3 10 excited) Three phase Yes Yes SPV (UNDER INCOPORATION) 136 ___, 2026Transmission Service Agreement Duration of Pre - fault To be done in To be done in Test PCC Target Nature of voltage dip Reactive Power PSCAD PSS/E (Generic No. Voltage (pu) voltage dip (sec) dispatch (pu) (Generic & UDM) & UDM) 71 1.1 Continuous Yes Yes 72 1.5 0.1 Yes No 73 1.3 10 Single phase Yes No 74 1.1 Continuous Yes No 75 1.5 0.1 Yes Yes Balanced 76 1.3 10 Yes Yes Three phase 77 1.1 Continuous 1.0 Yes Yes 78 1.5 0.1 (Under excited) Yes No 79 1.3 10 Single phase Yes No 80 1.1 Continuous Yes No 81 1.5 0.1 Yes Yes Balanced 82 1.3 10 Yes Yes 0.5 (Under Three phase 83 1.1 Continuous Yes Yes excited) 84 1.5 0.1 Yes No 85 1.3 10 Single phase Yes No 86 1.1 Continuous Yes No 87 1.5 0.1 Yes Yes Balanced 88 1.3 10 Yes Yes Three phase 89 1.1 Continuous 0.25 Yes Yes 90 1.5 0.1 (Under excited) Yes No 91 1.3 10 Single phase Yes No 92 1.1 Continuous Yes No Effectiveness of PSS Pre - fault PSS (In To be done in To be done in Test Reactive Nature of fault service/Wo PSCAD PSS/E (Generic No. Power service) (Generic & UDM) & UDM) dispatch (pu) 93 1.0 (Under With PSS Yes Yes 94 excited) W/o PSS Yes Yes 3-phase bolted 95 1.0 (Over With PSS Yes Yes 96 excited) W/o PSS Yes Yes Excitation System Limiter Testing Test Target Pre - fault Reactive Power Description No. Voltage (pu) dispatch (pu) 0.1 (Under excited) -5% step of 97 (Within the generator’s OEL & UEL models to be considered Vref capability curve) 0.1 (Over excited) +5% step of 98 Vref (Within the generator’s OEL & UEL models to be considered capability curve) 99. Excitation System Step Response Testing (Open & Close loop) 100. RoCof Testing (ROCOF) up to 4 Hz/second for 0.25 seconds 101. RoCof Testing (ROCOF) up to 3 Hz/second for 1 second 102. Impedance/frequency scan for a frequency range of 0-2500Hz (on SMIB) SPV (UNDER INCOPORATION) 137 ___, 2026Transmission Service Agreement Duration of Pre - fault To be done in To be done in Test PCC Target Nature of voltage dip Reactive Power PSCAD PSS/E (Generic No. Voltage (pu) voltage dip (sec) dispatch (pu) (Generic & UDM) & UDM) 103. Oscillation Rejection Test (on SMIB) for 0.1, 0.3, 0.6, 0.9, 1.0,2.0, 3, 4, 8 & 10 Hz SPV (UNDER INCOPORATION) 138 ___, 2026Transmission Service Agreement Schedule: 2 Scheduled COD C o [Note: As referred to in the definition of “Element”, “Scheduled COD”, and in Articles n t 3.1.3 (c), 4.1 (b) and 4.3 (a) of this Agreement] r o l S. No. Name of the Transmission Element Tentative Percentage of Element(s) which r Implementation Quoted are pre-required for o Bay kiosk o Timeframe Transmission declaring the m Optical Charges commercial interface recoverable on operation (COD) of 400/220kV Scheduled COD the respective Paradeep GIS h of the Element of Element (OPTCL) S/s the Project 1 1 nos. of Synchronous 30 months 100% N.A. Condensers (SynCon) units* at from the date of allocation 400 kV level of 765/400/220 kV Fatehgarh-II PS along with 2 nos. of 400 kV bays *1 No. of SynCon unit comprises dynamic support of +300MVAr/-200MVAr (Minimum) & Short Circuit contribution at PCC of 1200MVA (Minimum) Note: POWERGRID shall provide space (free of cost) for 2 Nos. (SynCon) units at Fatehgarh II PS along with 2 Nos. of 400 kV bays SPV (UNDER INCOPORATION) 139 ___, 2026Transmission Service Agreement SPV (UNDER INCOPORATION) 140 ___, 2026Transmission Service Agreement Schedule: 3 Safety Rules and Procedures [Note: As referred to in Articles 5.6 of this Agreement] 1. Site Regulations and Safety: The TSP shall establish Site regulations within sixty (60) days from fulfilment of conditions subsequent, as per Prudent Utility Practices setting out the rules to be observed till expiry of the Agreement at the Site and shall comply therewith. Such Site regulations shall include, but shall not be limited to, rules in respect of security, safety of the Project, gate control, sanitation, medical care, and fire prevention, public health, environment protection, security of public life, etc. Copies of such Site regulations shall be provided to the Nodal Agency and the CEA for the purpose of monitoring of the Project. 2. Emergency Work: In cases of any emergency, the TSP shall carry out all necessary remedial work as may be necessary. If the work done or caused to be done by any entity, other than the TSP, the TSP shall, reimburse the actual costs incurred, to the other Party carrying out such remedial works. 3. Site Clearance: In the course of execution of the Agreement, the TSP shall keep the Site reasonably free from all unnecessary obstruction, storage, remove any surplus materials, clear away any wreckage, rubbish and temporary works from the Site, and remove any equipment no longer required for execution of the Agreement. After completion of all Elements of the Project, the TSP shall clear away and remove all wreckage, rubbish and debris of any kind from the Site, and shall leave the Site clean and safe. 4. Watching and Lighting: The TSP shall provide and maintain at its own expense all lighting, fencing, and watching when and where necessary for the proper construction, operation, maintenance / repair of any of the Elements of the Project, or for the safety of the owners and occupiers of adjacent property and for the safety of the public, during such maintenance / repair. SPV (UNDER INCOPORATION) 141 ___, 2026Transmission Service Agreement Schedule: 4 Computation of Transmission Charges 1.1 General The Monthly Transmission Charges to be paid to the TSP for providing Transmission Service for any Contract Year during the term of the Agreement shall be computed in accordance with this Schedule and paid as per Sharing Regulations. Illustration regarding payment of Transmission Charges under various scenarios (considering definitions of Contract Year, Expiry Date & Monthly Transmission Charges above) is as below: - Illustration-1: In case the Project Elements achieve COD as per Schedule Quoted Transmission Charges: Rs. 140 Million Completion Schedule: Element Completion Scheduled CoD Actual CoD of the % Charges No. Schedule in of the Element Element recoverable on Months Scheduled CoD of the Element Element 1 28 1-Feb-2018 1-Feb-2018 25% Element 2 38 1-Dec-2018 1-Dec-2018 75% Tariff Payable as follows: SPV UNDER INCORPORATION 142 |___, 2026Transmission Service Agreement Transmission Charges for Element 1 Transmission Charges for Element 2 1-Feb-18 to 140 X 25% X 5.65 -- 0.00 31-Mar-18 ((28+31)/365) 1-Apr-18 to 140 X 25% X 23.39 -- 0.00 30-Nov-18 (244/365) 1-Dec-18 to 140 X 100% X (121/365) 46.41 31-Mar-19 2 140 X 100% X 1 140 3 140 X 100% X 1 140 4 140 X 100% X 1 140 5 140 X 100% X 1 140 ……………. …………….. 36 140 X 100% X (244/365) 93.59 (1-Apr to 30- Nov) Illustration-2: In case of extension of Scheduled COD as per Article 4.4.1 & 4.4.2 of this Agreement Quoted Transmission Charges: Rs. 140 Million Completion Schedule: Element No. Completion Scheduled CoD Actual CoD of the % Charges Schedule in of the Element Element recoverable on Months Scheduled CoD of the Element Element 1 20 1-Feb-2018 1-Jul-2018 25% Element 2 28 1-Oct-2018 1-Dec-2018 75% Tariff Payable as follows: Transmission Charges for Element 1 Transmission Charges for Element 2 1-Feb-18 to -- 0.00 -- 0.00 31-Mar-18 1-Apr-18 to -- 0.00 -- 0.00 30-Jun-18 1-Jul-18 to 140 X 25% X 14.67 -- 0.00 30-Nov-18 (153/365) SPV UNDER INCORPORATION 143 |___, 2026Transmission Service Agreement 1-Dec-18 to 140 X 100% X (121/365) 46.41 31-Mar-19 2 140 X 100% X 1 140 3 140 X 100% X 1 140 4 140 X 100% X 1 140 5 140 X 100% X 1 140 ……………. …………….. 36 140 X 100% X (244/365) 93.59 (1-Apr to 30- Nov) Illustration-3: In case of delay in achieving COD of Project & all individual Elements (COD of the Project achieved in Contract Year 1) Quoted Transmission Charges: Rs. 140 Million Completion Schedule: Element No. Completion Scheduled CoD Actual CoD of the % Charges Schedule in of the Element Element recoverable on Months Scheduled CoD of the Element Element 1 20 1-Feb-2018 1-Dec-2018 25% Element 2 28 1-Oct-2018 1-Dec-2018 75% Tariff Payable as follows: Transmission Charges for Element 1 Transmission Charges for Element 2 1-Feb-18 to -- 0.00 -- 0.00 31-Mar-18 1-Apr-18 to -- 0.00 -- 0.00 30-Sept-18 1-Oct-18 to -- 0.00 1-Oct-18 to -- 0.00 30-Nov-18 30-Nov-18 1-Dec-18 to 140 X 100% X (121/365) 46.41 31-Mar-19 2 140 X 100% X 1 140 3 140 X 100% X 1 140 4 140 X 100% X 1 140 SPV UNDER INCORPORATION 144 |___, 2026Transmission Service Agreement 5 140 X 100% X 1 140 ……………. …………….. 36 140 X 100% X (244/365) 93.59 (1-Apr to 30- Nov) Illustration-4: In case of delay in achieving COD of Project & all individual Elements (COD of the Project achieved in Contract Year other than Contact Year 1) Quoted Transmission Charges: Rs. 140 Million Completion Schedule: Element No. Completion Scheduled CoD Actual CoD of the % Charges Schedule in of the Element Element recoverable on Months Scheduled CoD of the Element Element 1 38 1-Oct-2019 1-May-2020 25% Element 2 38 1-Oct-2019 1-May-2020 75% Tariff Payment to be paid as: Transmission Charges for Element 1 Transmission Charges for Element 2 1-Oct-19 to -- 0.00 1-Oct-19 to -- 0.00 31-Mar-20 31-Mar-20 1-Apr-20 to - 0.00 1-Apr-20 to - 0.00 30-Apr-20 30-Apr-20 1-May-20 to 140 X 100% X (335/365) 128.49 31-Mar-21 2 140 X 100% X 1 140 3 140 X 100% X 1 140 4 140 X 100% X 1 140 5 140 X 100% X 1 140 ……………. …………….. 36 140 X 100% X (30/ 365) 11.51 (1-Apr to 30- Apr) SPV UNDER INCORPORATION 145 |___, 2026Transmission Service Agreement Illustration5: In case of delay in achieving COD of Element but Project COD achieved on time Quoted Transmission Charges: Rs. 140 Million Completion Schedule: Element No. Completion Scheduled CoD Actual CoD of the % Charges Schedule in of the Element Element recoverable on Months Scheduled CoD of the Element Element 1 20 1-Feb-2018 1-Jul-2018 25% Element 2 30 1-Dec-2018 1-Dec-2018 75% Tariff Payable as follows: Transmission Charges for Element 1 Transmission Charges for Element 2 1-Feb-18 to -- 0.00 -- 0.00 31-Mar-18 1-Apr-18 to -- 0.00 -- 0.00 30-Jun-18 1-Jul-18 to 140 X 25% X 14.67 -- 0.00 30-Nov-18 (153/365) 1-Dec-18 to 140 X 100% X (121/365) 46.41 31-Mar-19 2 140 X 100% X 1 140 3 140 X 100% X 1 140 4 140 X 100% X 1 140 5 140 X 100% X 1 140 ……………. …………….. 36 140 X 100% X (244/365) 93.59 (1-Apr to 30- Nov) SPV UNDER INCORPORATION 146 |___, 2026Transmission Service Agreement Illustration-6: In case of early commissioning of Project Quoted Transmission Charges: Rs. 140 Million Completion Schedule: Element No. Completion Scheduled CoD Actual CoD of the % Charges Schedule in of the Element Element recoverable on Months Scheduled CoD of the Element Element 1 38 1-Oct-2019 1-Jul-2019 25% Element 2 38 1-Oct-2019 1-Jul-2019 75% Tariff Payment to be paid as: Transmission Charges for Element 1 Transmission Charges for Element 2 1-July-19 to 140 X 100% X (274/365) 105.09 31-Mar-20 2 140 X 100% X 1 140 3 140 X 100% X 1 140 4 140 X 100% X 1 140 5 140 X 100% X 1 140 ……………. …………….. 36 140 X 100% X (91/365) 34.91 (1-Apr to 30- Jun) SPV UNDER INCORPORATION 147 |___, 2026Transmission Service Agreement Illustration-7: In case of early commissioning of an element Quoted Transmission Charges: Rs. 140 Million Completion Schedule: Element No. Completion Scheduled CoD Actual CoD of the % Charges Schedule in of the Element Element recoverable on Months Scheduled CoD of the Element Element 1 38 1-Oct-2019 1-Apr-2019 25% Element 2 38 1-Jul-2019 1-Jul-2019 75% Tariff Payment to be paid as: Transmission Charges for Element 1 Transmission Charges for Element 2 1-Apr-2019 to 140 X 25% X (91/365) 8.72 1-Apr-2019 to -- 0.00 30-Jun-19 30-Jun-19 1-July-19 to 140 X 100% X (274/ 365) 105.09 31-Mar-20 2 140 X 100% X 1 140 3 140 X 100% X 1 140 4 140 X 100% X 1 140 5 140 X 100% X 1 140 ……………. …………….. 36 140 X 100% X (91/365) 34.91 (1-Apr-30-Jun) The Transmission Charges shall be payable on monthly basis as computed above. 1.2 Computation of Monthly Transmission Charges The Monthly Transmission Charges for any month m in a Contract Year n shall be calculated as below: For AC System: a. If Actual Transmission System Availability for the month m of contract year n is greater than or equal to 98% and less than or equal to 98.5%; Monthly Transmission Charges MTC(m) = Tmn *1 a. If Actual Transmission System Availability for the month m of contract year n exceeds 98.5% and less than or equal to 99.75%; SPV UNDER INCORPORATION 148 |___, 2026Transmission Service Agreement Monthly Transmission Charges MTC(m) = Tmn * (AA/ 98.5%) c. If Actual Transmission System Availability for the month m of contract year n is greater than 99.75%; Monthly Transmission Charges MTC(m) = Tmn * (99.75% / 98.5%) d. If Actual Transmission System Availability for the month m of contract year n is less than 98%and greater than or equal to 95.00%; Monthly Transmission Charges MTC(m) = Tmn * (AA/ 98%) e. If Actual Transmission System Availability for the month m of contract year falls below 95%; Monthly Transmission Charges MTC(m) = Tmn * (AA/ 98%) - 0.02 * (Tmn * (AA/ 95%) For DC System: a. If Actual Transmission System Availability for the month m of contract year n is greater than or equal to 95% and less than or equal to 96%; Monthly Transmission Charges MTC(m) = Tmn *1 b. If Actual Transmission System Availability for the month m of contract year n exceeds 96% and less than or equal to 99.75%; Monthly Transmission Charges MTC(m) = Tmn * (AA/ 96%) c. If Actual Transmission System Availability for the month m of contract year n is greater than 99.75%; Monthly Transmission Charges MTC(m) = Tmn * (99.75% / 96%) d. If Actual Transmission System Availability for the month m of contract year n is less than 95% and greater than or equal to 92.00%; Monthly Transmission Charges MTC(m) = Tmn * (AA/ 95%) e. If Actual Transmission System Availability for the month m of contract year falls below 92%; Monthly Transmission Charges MTC(m) = Tmn * (AA/ 95%) - 0.02 * (Tmn * (AA/ 92%) where:  AA is the actual Availability, as certified by RPC, as per procedure provided in Schedule 6.  m is the month in Contract Year ‘n’ SPV UNDER INCORPORATION 149 |___, 2026Transmission Service Agreement  Tmn= Transmission Charges for the month ‘m’ in Contract Year ‘n’ = (=Transmission Charge/ no. of days in the Year n)* no. of days in month m Provided, no Transmission Charges shall be paid during the period for which the RLDC has not allowed the operation of the Element/Project due to the failure of the TSP to operate it as per the provisions of the Grid Code. 1.3 RLDC Fee & Charges The payment of RLDC fee & charges, in accordance with relevant regulations of CERC, shall be the responsibility of the TSP. SPV UNDER INCORPORATION 150 |___, 2026Transmission Service Agreement Schedule: 5 Quoted Transmission Charges [Quoted Transmission Charges from Annexure - 21 of the RFP of the Selected Bidder to be inserted here] [To be incorporated from the Bid of the Selected Bidder submitted during the e-reverse auction after its selection] Quoted Transmission Charges: Rs. ……………… Million Proportionate Transmission Charges payable for each Element of the Project: S. Name of the Transmission Tentative Percentage of Element(s) No. Element Implementation Quoted which are Timeframe Transmission pre-required Charges for declaring recoverable the on Scheduled commercial COD of the operation Element of (COD) of the the Project respective Element 1 2 nos. of Synchronous 30 months from 100% N.A. Condensers (SynCon) units* the date of at 400 kV level of allocation 765/400/220 kV Fatehgarh-II PS along with 2 nos. of 400 kV bays *1 No. of SynCon unit comprises dynamic support of +300MVAr/-200MVAr (Minimum) & Short Circuit contribution at PCC of 1200MVA (Minimum) Note: POWERGRID shall provide space (free of cost) for 2 Nos. (SynCon) units at Fatehgarh II PS along with 2 Nos. of 400 kV bays SPV UNDER INCORPORATION 151 |___, 2026Transmission Service Agreement Schedule: 6 Appendix –IV to Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024 Procedure for Calculation of Transmission System Availability Factor for a Month 1. Transmission system availability factor for nth calendar month (“TAFPn”) shall be calculated by the respective transmission licensee, verified by the concerned Regional Load Dispatch Centre (RLDC) and certified by the Member-Secretary, Regional Power Committee of the region concerned, separately for each AC and HVDC transmission system and grouped according to sharing of transmission charges. In the case of the AC system, transmission System Availability shall be calculated separately for each Regional Transmission System and inter-regional transmission system. In the case of the HVDC system, transmission System Availability shall be calculated on a consolidated basis for all inter-state HVDC systems. 2. Transmission system availability factor for nth calendar month (“TAFPn”) shall be calculated by considering the following: i) AC transmission lines: Each circuit of AC transmission line shall be considered as one element; ii) Inter-Connecting Transformers (ICTs): Each ICT bank (three single- phase transformers together) shall form one element; iii) Static VAR Compensator (SVC): SVC, along with SVC transformer, shall form one element; iv) Bus Reactors or Switchable line reactors: Each Bus Reactors or Switchable line reactors shall be considered as one element; v) HVDC Bi-pole links: Each pole of the HVDC link, along with associated equipment at both ends, shall be considered as one element; vi) HVDC back-to-back station: Each block of the HVDC back-to-back station shall be considered as one element. If the associated AC line (necessary for the transfer of inter-regional power through the HVDC back-to-back station) is not available, the HVDC back-to-back station block shall also be considered unavailable; vii) Static Synchronous Compensation (“STATCOM”): Each STATCOM shall be SPV UNDER INCORPORATION 152 |___, 2026Transmission Service Agreement considered as a separate element. 3. The Availability of the AC and HVDC portion of the Transmission system shall be calculated by considering each category of transmission elements as under: SPV UNDER INCORPORATION 153 |___, 2026Transmission Service Agreement 4. The availability for each category of transmission elements shall be calculated based on the weightage factor, total hours under consideration and non-available hours for each element of that category. The formulae for calculation of the Availability of each category of the transmission elements are as per Appendix-V. The weightage factor for each category of transmission elements shall be considered as under: (a) For each circuit of the AC line – The number of sub-conductors in the line multiplied by ckt-km; (b) For each HVDC pole- The rated MW capacity x ckt-km; (c) For each ICT bank – The rated MVA capacity; (d) For SVC- The rated MVAr capacity (inductive and capacitive); (e) For Bus Reactor/switchable line reactors – The rated MVAr capacity; (f) For HVDC back-to-back stations connecting two Regional grids- Rated MW capacity of each block; and (g) For STATCOM – Total rated MVAr Capacity. 5. The transmission elements under outage due to the following reasons shall be deemed to be available: i. Shut down availed for maintenance of another transmission scheme or construction of new element or renovation/upgradation/additional capitalization in an existing system approved by the Commission. If the other transmission scheme belongs to the transmission licensee, the Member Secretary, RPC may restrict the deemed availability period to that considered reasonable by him for the work involved. In case of a dispute regarding deemed availability, the matter may be referred to the Chairperson, CEA, within 30 days. ii. Switching off of a transmission line to restrict over-voltage and manual tripping of switched reactors as per the directions of the concerned RLDC. iii. Shut down of a transmission line due to the Project(s) of NHAI, Railways and Border Road Organization, including for shifting or modification of such transmission line or any other infrastructure project approved by Ministry of Power. Member Secretary, RPC may restrict the deemed availability period to that considered reasonable by him for the work involved; Provided that apart from the deemed availability, any other costs involved in the process of such shutdown of transmission line shall not be borne by the DICs. SPV UNDER INCORPORATION 154 |___, 2026Transmission Service Agreement Provided that such deemed availability shall be considered only for the period for which DICs are not affected by the shutdown of such transmission line. 6. For the following contingencies, the outage period of transmission elements, as certified by the Member Secretary, RPC, shall be excluded from the total time of the element under the period of consideration for the following contingencies: i) Outage of elements due to force majeure events beyond the control of the transmission licensee. However, whether the same outage is due to force majeure (not design failure) will be verified by the Member Secretary, RPC. A reasonable restoration time for the element shall be considered by the Member Secretary, RPC, and any additional time taken by the transmission licensee for restoration of the element beyond the reasonable time shall be treated as outage time attributable to the transmission licensee. Member Secretary, RPC may consult the transmission licensee or any expert for estimation of reasonable restoration time. Circuits restored through ERS (Emergency Restoration System) shall be considered as available; ii) Outage caused by grid incident/disturbance not attributable to the transmission licensee, e.g. faults in a substation or bays owned by another agency causing an outage of the transmission licensee’s elements, and tripping of lines, ICTs, HVDC, etc., due to grid disturbance. However, if the element is not restored on receipt of direction from RLDC while normalizing the system following grid incident/disturbance within reasonable time, the element will be considered not available for the period of outage after issuance of RLDC’s direction for restoration; iii) The outage period which can be excluded for the purpose of sub-clause (i) and (ii) of this clause shall be declared as under: a. Maximum up to one month by the Member Secretary, RPC; b. Beyond one month and up to three months after the decision at RPC; c. Beyond three months by the Commission for which the transmission license shall approach the Commission along with reasons and steps taken to mitigate the outage and restoration timeline. 7. Time frame for certification of transmission system availability: (1) The following schedule SPV UNDER INCORPORATION 155 |___, 2026Transmission Service Agreement shall be followed for certification of availability by the Member Secretary of the concerned RPC:  Submission of outage data along with documentary proof (if any) and TAFPn calculation by Transmission Licensees to RLDC/ constituents – By the 5th of the following month;  Review of the outage data by RLDC / constituents and forward the same to respective RPC – by 20th of the month; • Issue of availability certificate by respective RPC – by the 3rd of the next month. SPV UNDER INCORPORATION 156 |___, 2026Transmission Service Agreement SPV UNDER INCORPORATION 157 |___, 2026Transmission Service Agreement SPV UNDER INCORPORATION 158 |___, 2026Transmission Service Agreement Schedule: 7 Entire Bid (both financial bid and technical bid) of the Selected Bidder to be attached here SPV UNDER INCORPORATION 159 |___, 2026Transmission Service Agreement Schedule: 8 Contract Performance Guarantee (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution. Foreign entities submitting Bids are required to follow the applicable law in their country.) In consideration of the SPV (UNDER INCORPORATION) , Urjanidhi, First Floor, Barakhamba Lane- 1, Connaught Place, New Delhi, Central Delhi- 110001, Delhi agreeing to undertake the obligations under the Transmission Service Agreement dated ……….and the other RFP Project Documents and the Nodal Agency and the PFC Consulting Limited, agreeing to execute the RFP Project Documents with the Selected Bidder, regarding setting up the Project, the ………………………………. [Insert name and address of the bank issuing the guarantee and address of the head office] (hereinafter referred to as “Guarantor Bank”) hereby agrees unequivocally, irrevocably and unconditionally to pay to …………… (being the Nodal Agency) at ……………………[Insert the Place from the address of the Nodal Agency indicated in the TSA] forthwith on demand in writing from the Nodal Agency or any Officer authorized by it in this behalf, any amount up to and not exceeding Rupees ………………………….. Crores (Rs. ……….) only [Insert the amount of the bank guarantee] on behalf of SPV (UNDER INCORPORATION). This guarantee shall be valid and binding on the Guarantor Bank up to and including ……………………….and shall not be terminable by notice or any change in the constitution of the Bank or the term of the Transmission Service Agreement or by any other reasons whatsoever and our liability hereunder shall not be impaired or discharged by any extension of time or variations or alternations made, given, or agreed with or without our knowledge or consent, by or between parties to the respective agreement. Our liability under this Guarantee is restricted to Rs. ………………….. Crores (Rs. ……………………………..) only. Our Guarantee shall remain in force until ……………………………………….. [Insert the date of validity of the Guarantee as per Article 3.1.2 of this Agreement]. The Nodal Agency, shall be entitled to invoke this Guarantee up to three hundred sixty five (365) days of the last date of the validity of this Guarantee. The Guarantor Bank hereby expressly agrees that it shall not require any proof in addition to the written demand from …………… (in its roles as the Nodal Agency), made in any format, raised at the above mentioned address of the Guarantor Bank, in order to make the said payment to Nodal Agency. SPV UNDER INCORPORATION 160 |___, 2026Transmission Service Agreement The Guarantor Bank shall make payment hereunder on first demand without restriction or conditions and notwithstanding any objection by ...................................... [Insert name of the Selected Bidder], ……………………….. [Insert name of the TSP] and / or any other person. The Guarantor Bank shall not require Nodal Agency to justify the invocation of this BANK GUARANTEE, nor shall the Guarantor Bank have any recourse against Nodal Agency in respect of any payment made hereunder. THIS BANK GUARANTEE shall be interpreted in accordance with the laws of India. The Guarantor Bank represents that this BANK GUARANTEE has been established in such form and with such content that it is fully enforceable in accordance with its terms as against the Guarantor Bank in the manner provided herein. THIS BANK GUARANTEE shall not be affected in any manner by reason of merger, amalgamation, restructuring, liquidation, winding up, dissolution or any other change in the constitution of the Guarantor Bank. THIS BANK GUARANTEE shall be a primary obligation of the Guarantor Bank and accordingly Nodal Agency shall not be obliged before enforcing this BANK GUARANTEE to take any action in any court or arbitral proceedings against SPV (UNDER INCORPORATION) or the Selected Bidder, as the case may be, to make any claim against or any demand on SPV (UNDER INCORPORATION) or the Selected Bidder, as the case may be, or to give any notice to SPV (UNDER INCORPORATION) or the Selected Bidder, as the case may be, or to enforce any security held by the Nodal Agency or to exercise, levy or enforce any distress, diligence or other process against SPV (UNDER INCORPORATION) or the Selected Bidder, as the case may be. The Guarantor Bank acknowledges that this BANK GUARANTEE is not personal to Nodal Agency and may be assigned, in whole or in part, (whether absolutely or by way of security) by Nodal Agency to any entity to whom the Nodal Agency is entitled to assign its rights and obligations under the Transmission Service Agreement. The Guarantor Bank hereby agrees and acknowledges that Nodal Agency shall have a right to invoke this Bank Guarantee either in part or in full, as it may deem fit. Notwithstanding anything contained hereinabove, our liability under this Guarantee is restricted to Rs. ………………….. Crores (Rs. …………………..) only and it shall remain in force until ………………………[Date to be inserted on the basis of Article 3.1.2of the Transmission Service Agreement], with an additional claim period of three hundred sixty five (365) days thereafter. This BANK GUARANTEE shall be extended from time to time for such period, as may be desired by SPV (UNDER INCORPORATION). We are liable to pay the guaranteed amo unt or any part thereof under this Bank Guarantee only if Nodal Agency serves upon us a written claim or demand. SPV UNDER INCORPORATION 161 |___, 2026Transmission Service Agreement In witness where of: Signature .............................................. Name: ................................................... Power of attorney No.: ……………………………… For: ………………………………….. [Insert Name of the Bank] Banker's Seal and Full Address, including mailing address of the Head Office SPV UNDER INCORPORATION 162 |___, 2026Transmission Service Agreement SCHEDULE 8A: FORMAT FOR SURETY INSURANCE CONTRACT (To be on non-judicial stamp paper of appropriate value as per Stamp Act relevant to place of execution. Foreign entities submitting Bids are required to follow the applicable law of India) In consideration of the .......................................... [Insert name of the SPV or Selected Bidder on behalf of SPV or Lead Member in case of the Consortium, with address] (hereinafter referred to as the ‘Principal Debtor’ for the purposes of this Surety Insurance Contract as provided in Section 126 of the Indian Contract Act, 1872) having been selected to undertake the Transmission Project on the terms and conditions contained in the Transmission Service Agreement dated …………………………/ to be executed as per the Model Transmission Service Agreement provided along with the Request for Proposal (‘RFP’) and other RFP Project Documents, subject to the condition of providing a Performance Bank Guarantee or a Surety Insurance Contract guaranteeing/insuring the due performance of the obligations under the Transmission Service Agreement, to the Central Transmission Utility of India Limited (‘CTUIL’) [herein after referred to as the Nodal Agency], the [Insert name and address of the Insurance Company issuing the Surety Insurance Contract and address of the head office] (hereinafter referred to as "Surety") hereby agrees unequivocally, irrevocably, absolutely and unconditionally, without demur, to pay to the Nodal Agency at [Insert Place and Address of the Nodal Agency indicated in Transmission Service Agreement, or to the designated Bank Account of the Nodal Agency, namely……..] forthwith on demand in writing from the Nodal Agency, or any Officer authorized by it in this behalf, intimated to the Surety at the address mentioned above, any amount as may be decided by the Nodal Agency not exceeding Rupees ……………………………Crores (Rs……………….) only [Insert the amount of the Surety Insurance Contract] The Surety hereby acknowledges, accepts and confirms that the Surety has received from the Principal Debtor, by way of premium the entire consideration for the Surety to execute, in favour of the Nodal Agency, this Surety Insurance Contract, as extended by the Surety from time to time and assuming the obligation to pay to the Nodal Agency the amount in terms hereof, without any requirement for payment of any other consideration to the Surety by the Principal Debtor, or otherwise. This Surety Insurance Contract shall be valid and binding on the Surety, as the principal obligation of the Surety to pay on demand by the Nodal Agency, and shall not be terminable by notice or any change in the constitution of the Surety or the term of the Transmission Service Agreement or by any other reasons whatsoever and the liability hereunder of the Surety shall not be impaired or discharged by any extension of time or variations or alternations made, given, or agreed (with or without the knowledge or consent of the Surety) by or between the Principal Debtor and the Nodal Agency. The liability of the Surety under this S urety Insurance Contract is restricted to Rupees ……………. Crores (Rs ) only. The Surety Insurance Contract shall remain in SPV UNDER INCORPORATION 163 |___, 2026Transmission Service Agreement force until [Insert the date of validity of the Surety Insurance Contract]. The Nodal Agency shall be entitled to invoke this Surety Insurance Contract up to three hundred sixty five (365) days after the last date of the validity of this Surety Insurance Contract. The Surety hereby expressly agrees that it shall not require any proof except for the written demand from the Nodal Agency, containing the statement that the contractor has failed to meet its contractual obligations raised at the above mentioned address of the Surety (address of Surety office should be a place in NCR only) and the Surety shall pay the amount without reference to the Principal Debtor. Any such demand made by the Nodal Agency on the Surety shall be conclusive and binding not withstanding any difference between the Nodal Agency and the Principal Debtor or any dispute pending before any Court, Tribunal, Arbitrator or any other authority. The Surety undertakes not to revoke this guarantee during its currency without previous consent of the Nodal Agency and further agrees that the Surety Insurance Contract herein contained shall continue to be enforceable till the Nodal Agency discharges this contract or till the expiry of tenor(including Claim period) whichever is earlier. The Surety shall make payment hereunder within two (02) working days on first demand without restriction or conditions and notwithstanding any objection by the Principal Debtor, namely, ……… [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person. The Surety shall not require the Nodal Agency to justify the invocation of this Surety Insurance Contract, nor shall the Surety have any recourse against the Nodal Agency in respect of any payment made hereunder. This SURETY INSURANCE CONTRACT shall be interpreted in accordance with the laws of India. This SURETY INSURANCE CONTRACT is being executed by the Surety in terms of the IRDAI (Surety Insurance Contract) Guidelines, 2022 and the Surety hereby acknowledges, accepts and confirms that this Surety Insurance Contract shall be a Contract of Guarantee as provided under Section 126 of the Indian Contract Act, 1872 and further shall be covered by Section 14(3) (b) of the Insolvency and Bankruptcy Code, 2016 (as amended) shall be enforceable as such. The Surety represents that this Surety Insurance Contract has been established in such form and with such content that it is fully enforceable in accordance with its terms as against the Surety in the manner provided herein. This SURETY INSURANCE CONTRACT shall not be affected in any manner by reason of merger, amalgamation, restructuring, liquidation, winding up, dissolution or any other change in the constitution of the Surety. In order to give effect to this surety Bond, the Nodal Agency shall be entitled to act as if the surety insurer were the principal debtor and any change in the constitution of the contractor and/or the surety insurer, whether by their absorption with any other body or corporation or otherwise, shall not in any way or manner affect the liability or obligation of the surety insurer under this surety Bond. SPV UNDER INCORPORATION 164 |___, 2026Transmission Service Agreement This SURETY INSURANCE CONTRACT shall be a primary obligation of the Surety as a Principal to pay on demand by the Nodal Agency and the Nodal Agency shall not be obliged before enforcing this Surety Insurance Contract to take any action in any court or arbitral proceedings against the Principal Debtor, namely, ……… [Insert name of SPV], or .................................................................................................................................. [Inser t name of the Selected Bidder], or .................................................................................................................................. [Inser t name of the TSP] and/or any other person, as the case may be, to make any claim against or any demand on the Principal Debtor, namely, .................................................................................................................................. [Inser t name of SPV], or ………. [Insert name of the Selected Bidder], or .................................................................................................................................. [Inser t name of the TSP] and/or any other person, as the case may be, or to give any notice to Principal Debtor, namely……… [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or … .................................................................................................................................. [Inser t name of the TSP] and/or any other person, as the case may be, or to enforce any security held by the Nodal Agency or to exercise, levy or enforce any distress, diligence or other process against the Principal Debtor, namely, ……………… [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person, as the case may be. The Surety acknowledges that this Surety Insurance Contract is not personal to the Nodal Agency and may be assigned, in whole or in part, (whether absolutely or by way of security) by Nodal Agency to any entity to whom the Nodal Agency is entitled to assign its rights and obligations under the Transmission Service Agreement Provided that any such assignment shall be in compliance with the relevant provisions of the Insurance Act 1938 The Surety hereby agrees and acknowledges that the Nodal Agency shall have a right to invoke this Surety Insurance Contract either in part or in full, as it may deem fit. In case of invocation of this Surety Insurance Contract in part, besides making payment for the part of Surety Insurance Contract invoked, surety at the request of nodal agency shall amend the value of Surety Insurance Contract to the extent of balance amount. The Surety undertakes not to revoke this Surety Contract during its currency, except with the previous express consent of the Nodal Agency in writing and declares and warrants that it has the power to issue this Surety Contract and the undersigned has full powers to do so on behalf of the Surety In witness where of: Signature……………………………………….. SPV UNDER INCORPORATION 165 |___, 2026Transmission Service Agreement Name: …………………………………………… Power of attorney No/ Employee No. as applicable. :………………………... For: … ......................................... [Insert Name of the Surety- Insurance Company] Banker's Seal and Full Address, including mailing address of the Head Office Notes: 1. The Stamp Paper should be in the name of the Executing Insurance Company. SPV UNDER INCORPORATION 166 |___, 2026Transmission Service Agreement SCHEDULE 8B: FORMAT FOR ISSUANCE OF PAYMENT ON ORDER INSTRUMENT Dear Sir, 1. Indian Renewable Energy Development Agency Limited ('IREDA")/PFC/REC has sanctioned a non-fund based limit loan of Rs. (Rupees……………………………………… Only) to M/s. …………………………………………………… [Insert name of SPV or selected Bidder] under the Loan Agreement executed on ……………………. to execute Transmission System Projects. 2. In consideration of the ......................................... [Insert name of the SPV or Selected Bidder on behalf of SPV or Lead Member in case of the Consortium, with address] for the purposes of this Payment on Order Instrument (“POI”) having been selected to undertake the Transmission Project on the terms and conditions contained in the Transmission Service Agreement dated …………………………/ to be executed as per the draft of the Model Transmission Service Agreement provided along with the Request for Proposal („RFP‟) and other RFP Project Documents, subject to the condition of providing a POI guaranteeing the due performance of the obligations under the Transmission Service Agreement to the Nodal Agency/Central Transmission Utility of India Limited („CTUIL‟), the……………………………[Insert name and address of the non-banking financial institutions(IREDA/PFC/REC) issuing the POI and address of the head office] (hereinafter referred to as “Guarantor") hereby agrees unequivocally, irrevocably, absolutely and unconditionally, without demur, to pay to the Nodal Agency at.............................. [Insert Place and Address of the Nodal Agency indicated in Transmission Service Agreement, or to the designated Bank Account of the Nodal Agency, namely……..] forthwith on demand in writing from the Nodal Agency, or any Officer authorized by it in this behalf, intimated to the Guarantor at the address mentioned above, any amount as may be decided by the Nodal Agency not exceeding Rupees .... Crores (Rs ) only [Insert the amount of Payment on Order Instrument] 3. At the request of ……………………………….and on behalf of M/s. ………………………………………, [Insert name of SPV or selected Bidder] this Payment on Order Instrument (POI) for an amount of Rs ……………………….. (Rupees ………………………..) is being issued with IREDA/PFC/REC assuming the obligations to remit such amount to CTUIL from the sanctioned loan. 4. This Payment on Order Instrument comes into force immediately and IREDA/PFC/REC confirms that it has sufficient amount out of the sanctioned loan and shall maintain the required amount to pay under this Payment on Order Instrument, during the validity and claim period of this Payment on Order Instrument. 5. This POI has been issued by IRED A/PFC/REC utilizing the credit limit of M/s.……………………………………………..[Insert name of SPV or selected Bidder] SPV UNDER INCORPORATION 167 |___, 2026Transmission Service Agreement IREDA/PFC/REC confirms that its liability to pay under this Payment on Order Instrument shall be primary and independent of whether at the time of invocation of Payment on Order Instrument, the sanctioned funds are available or not and notwithstanding, the status of M/s. ………………………………… [Insert name of SPV or selected Bidder] at the relevant time and to whether IREDA/PFC/REC is able to recover the amount advanced by it to the said developer. 6. IREDA/PFC/REC and M/s. [Insert name of SPV or selected Bidder] hereby acknowledges, accepts and confirms that this Payment on Order Instrument shall be a Contract of Guarantee as provided under Section 126 of the Indian Contract Act, 1872 and further shall be covered by Section 14(3) (b) of the Insolvency and Bankruptcy Code, 2016 (as amended) shall be enforceable as such. 7. IREDA/PFC/REC liability under this POI is restricted to Rupees Crores (Rs………………………) only. This POI shall remain in force until…………… [Insert the date of validity of the POI]. The Nodal Agency shall be entitled to invoke this POI up to three hundred sixty-five (365) days after the last date of the validity of this POI. This POI shall be extended from time to time for such period, as may be desired by the TSP. 8. The Guarantor hereby expressly agrees that it shall not require any proof except for the written demand from the Nodal Agency, raised at the above-mentioned address of the Guarantor (address of Guarantor office should be in NCR only) and the Guarantor shall pay the amount to the Nodal Agency without reference to the TSP. 9. Any such demand made by the Nodal Agency on the Guarantor shall be conclusive and binding not withstanding any difference between the Nodal Agency and the TSP or any dispute pending before any Court, Tribunal, Arbitrator or any other authority. The Guarantor undertakes not to revoke this guarantee during its currency without previous consent of the Nodal Agency and further agrees that the POI herein contained shall continue to be enforceable till the Nodal Agency discharges this contract or till the expiry of tenure or (including Claim period) whichever is earlier. 10. The Guarantor shall make payment hereunder within two (02) working days on first demand without restriction or conditions and notwithstanding any objection or disputes raised by the TSP, namely, ……… [Insert name of SPV], or [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person. The Guarantor shall not require the Nodal Agency to justify the invocation of this POI, nor shall the Guarantor have any recourse against the Nodal Agency in respect of any payment made hereunder. SPV UNDER INCORPORATION 168 |___, 2026Transmission Service Agreement 11. This POI shall be interpreted in accordance with the laws of India. 12. The Guarantor represents that this POI Contract has been established in such form and with such content that it is fully enforceable in accordance with its terms as against the Guarantor in the manner provided herein. 13. This POI shall not be affected in any manner by reason of merger, amalgamation, restructuring, liquidation, winding up, dissolution or any other change in the constitution of the Guarantor. 14. This POI Contract shall be a primary obligation of the Guarantor as a Principal to pay on demand by the Nodal Agency and the Nodal Agency shall not be obliged before enforcing this POI Contract to take any action in any court or arbitral proceedings against the TSP, namely, …… [Insert name of SPV], or [Insert name of the Selected Bidder], or [Insert name of the TSP] and/or any other person, as the case may be to make any claim against or any demand on the TSP, namely, ……… [Insert name of SPV], or ………. [Insert name of the Selected Bidder], or … ................................ [Insert name of the TSP] and/or any other person, as the case may be, or to give any notice to TSP, namely……… [Insert name of SPV], or ......................... [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person, as the case may be, or to enforce any security held by the Nodal Agency or to exercise, levy or enforce any distress, diligence or other process against the TSP, namely, ……………… [Insert name of SPV], or ........................ [Insert name of the Selected Bidder], or …………. [Insert name of the TSP] and/or any other person, as the case may be. 15. The Guarantor acknowledges that this POI Contract is not personal to the Nodal Agency and may be assigned, in whole or in part, (whether absolutely or by way of security) by Nodal Agency to any entity to whom the Nodal Agency is entitled to assign its rights and obligations under the Transmission Service Agreement. 16. The Guarantor hereby agrees and acknowledges that the Nodal Agency shall have a right to invoke this POI Contract either in part or in full, as it may deem fit. In case of invocation of this POI Contract in part, besides making payment for the part of POI Contract invoked, Guarantor at the request of Nodal Agency shall amend the value of POI Contract to the extent of balance amount. IN WITNESS WHERE OF the non- banking financial institutions through its authorized officer, has set its hand and stamp on this……. day of……..at……… SPV UNDER INCORPORATION 169 |___, 2026Transmission Service Agreement Signature………………………………………. Name: …………………………………………… Power of attorney No.: ………………………... For: … ..............................[Insert Name of the non- banking financial institutions Company] Seal and Full Address, including mailing address of the Head Office SPV UNDER INCORPORATION 170 |___, 2026Transmission Service Agreement Schedule: 9 Methodology for determining the Relief Under Force Majeure Event & Change in Law during Construction Period The relief in the form of revision in tariff due to Force Majeure Event leading to extension of Scheduled COD for a period beyond one hundred eighty (180) days and/ or Change in Law during the construction period shall be as under: ΔT = [(P x d)]÷[1-(1+ d)^(-n)] Where, ΔT = Change in Transmission Charges for each year P = Sum of cumulative increase or decrease in the cost of the Project due to Change in Law and interest cost during construction corresponding to the period exceeding one hundred eighty (180) due to Force Majeure Event leading to extension of Scheduled COD for a period beyond one hundred eighty (180) days n = number of years over which the Transmission Charges has to be paid d = Discount rate as notified by the CERC, applicable on the Bid Deadline The increase in Transmission Charges as stated above shall be applicable only if the value of increase in Transmission Charges as calculated above exceeds 0.30% (zero point three percent) of the quoted Transmission Charges of the TSP. SPV UNDER INCORPORATION 171 |___, 2026

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