Ahasolar secures 52 MW solar project consultancy from BPCL

17 Apr 2024 CW Team

The company stated that they had quoted Rs 5.1 million to secure the ten-month contract.

BPCL had released the tender for the project back in February.

The company expressed their intention to utilize the solar project to power three of its refineries: 8 MW for Mumbai Refinery, 22 MW for Bina Refinery, and 16 MW for Kochi Refinery.

It was mentioned that Ahasolar would be tasked with overseeing the project from concept to commissioning within the agreed schedule, ensuring that the quality of procurement items and construction workmanship aligned with established engineering practices, standards, and codes, as well as managing project risk. They were also required to develop and finalise all engineering and tender documents, technical specifications, and the engineering, procurement, and construction (EPC) contract terms. Additionally, they were responsible for managing the technical and financial evaluation of EPC bids received by BPCL. Ahasolar was to plan and supervise the project execution and commissioning activities and provide post-commissioning support until the project was stabilised.

In August 2022, BPCL had invited bids for the hiring of a contractor to establish a 14 MW grid-connected solar power project on a turnkey basis at its Bina Refinery in Madhya Pradesh.

In November of the same year, the company had also issued a tender to procure consultancy services for the establishment of 6.9 MW of floating solar power projects in the rainwater harvesting pond and shore tank farm in Kochi, Kerala. The consultant would be tasked with assessing two floating solar power projects under the tender. The first one was slated to be for approximately 3.2 MW capacity in a rainwater harvesting pond inside Kochi Refinery, while another 3.7 MW floating solar project was planned for commissioning inside the Kochi Refinery shore tank farm.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..