Bids for 22.5 GW solar on anvil

26 Nov 2020 CW Staff

Competitive bids for around 22.5 GW of new tenders for solar power installations and projects will be floated by Indian authorities by the end of December. Further, other successful bidders continue to be at various phases of commissioning for another 43 GW of solar power capacity.

The bids strengthen the country’s global commitment to increase its reliance on renewable power.

Prime Minister Narendra Modi, while addressing participants at the G-20 summit recently, had said that India is all poised to achieve its objective of 175 GW of renewable energy substantially before the target year of 2022. The country is now undertaking a significant step by looking to accomplish 450 GW by the year 2030, he had said.

At present, India’s solar power capacity rests at a figure of around 35 GW. The government plans on escalating it to about 100 GW in an upcoming couple of years in a bid to achieve its lofty goals as mandated under the National Solar Mission, launched in 2010.

The facilitation of the implementation of the mission and the subsequent regulation of 16.2 GW of tenders is being carried out by the Solar Energy Corporation of India (SECI), that acts as the nodal agency. The corporation will be sealing power purchase agreements (PPA) with the lowest bidders post linking up with distribution companies (discoms) that are state-owned to enable the supply of renewable power.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..