72. The transmission licensee shall submit a capital investment plan in the manner specified in Chapter-2 of this Regulation.
Provided that all new Intra-State transmission system costing above a threshold limit Rs. 250 Crores and meeting other conditions as laid out below shall be developed through Tariff Based Competitive Bidding and shall be adopted by the Commission under section 63 of the Electricity Act' 2003 after prudence check in accordance with the relevant Guidelines ( and its amendments) issued by the Ministry of Power, Government of India 452 ( 14) The entire Intra-State independent transmission system including any upstream/downstream project shall be designed as single project for inviting bids for development of project through Tariff Based Competitive Bidding.
In case the State Govt/STIJ intends to develop any Intra-State Transmission System above the threshold limit through cost plus approach due to some specific reasons such as project is of strategic importance or critical nature or project may lead to ownership or interface issues, State Govt. shall decide any such projects of strategic importance or critical in nature and the State Govt/STIJ shall obtain prior approval of the Commission for the same.