Power Finance Corporation (PFC) has invited bids to select an agency which would execute power sector reforms entailing an investment of over Rs 50,000 crore ($12.5 billion) in the country.
This is part of the government's recently launched restructure Accelerated Power Development and Reforms Programme (APDRP-II) for the 11th Five Year Plan, for which PFC has been appointed as nodal agency to implement it.
PFC is inviting expression of interest (EoI) from domestic as well as global consultants in order to select a Process Consultant for facilitating implementation of APDRP-II, sources in the know said.
The first phase of the Rs 51,577 crore programme covering 571 projects will include establishment of consumer services based on IT.
In the second and final phase, the power distribution projects will be strengthened, they added.
Both phases entail planning of measures to be taken under the programme, implementation of such measures to be taken and monitoring, evaluation of results, impact of the programme as a whole and of its various components across the country.
The programme is proposed to be implemented on all India basis covering towns and cities with a population of more than 30,000 as per population data of 2001 census.
PFC as the nodal agency will select a Process Consultant for the revised APDRP to help various power utilities in the country in establishing IT enabled infrastructure under the scheme.
As per the eligibility criteria, national and international consulting organisations with an annual turnover of at least Rs 10 crore, either as a single entity or a consortium can bid for the job.
The Cabinet Committee on Economic Affairs (CCEA) approved the re-structured APDRP on July 31.
