BHEL Invites Bids For Rooftop Solar And Battery Storage

08 May 2026 CW Team

A Power Purchase Agreement (PPA) will be executed for a period of 25 years at a fixed tariff to provide revenue visibility for the successful bidder. The scope includes design, engineering, supply, installation, testing and commissioning and construction of the power evacuation infrastructure to connect the installation with BHEL's substation.

A technical stipulation requires the battery to be charged exclusively from the solar array with no grid charging permitted. The battery is expected to discharge during peak demand for up to four hours per day and the system must deliver a minimum round-trip efficiency of 85 per cent on an AC-to-AC basis to ensure effective storage utilisation.

The tender was issued on 4 May 2026 and online submission of bids closes on 14 May 2026 at 9:00 AM, with techno-commercial bids scheduled to be opened the same day at 12:30 PM. The selected developer must achieve financial closure within three months of the effective date of the PPA and complete commissioning within six months.

Bidders are required to submit an Earnest Money Deposit of Rs. two mn, with exemption for MSMEs registered under NSIC or Udyog Aadhar, and provide a Performance Bank Guarantee of Rs 6 million prior to PPA signing or within 21 days of the Letter of Intent. Eligibility conditions include prior experience of at least three MWp in solar projects and 24 MWh in battery systems, a minimum net worth of Rs. ten mn and an annual turnover of Rs. 50 mn for FY 2024-25; selection will follow a two bid process and an e-reverse auction to finalise the lowest tariff.

Bharat Heavy Electricals Limited (BHEL) has invited bids to select a solar project developer to install a grid-connected rooftop solar photovoltaic system of about 1130 kWp along with a 4520 kWh Battery Energy Storage System (BESS) at its Hyderabad premises. The contract is designed on a Build-Own-Operate-Maintain model where the developer will invest in, operate and maintain the assets while supplying power to BHEL. A Power Purchase Agreement (PPA) will be executed for a period of 25 years at a fixed tariff to provide revenue visibility for the successful bidder. The scope includes design, engineering, supply, installation, testing and commissioning and construction of the power evacuation infrastructure to connect the installation with BHEL's substation. A technical stipulation requires the battery to be charged exclusively from the solar array with no grid charging permitted. The battery is expected to discharge during peak demand for up to four hours per day and the system must deliver a minimum round-trip efficiency of 85 per cent on an AC-to-AC basis to ensure effective storage utilisation. The tender was issued on 4 May 2026 and online submission of bids closes on 14 May 2026 at 9:00 AM, with techno-commercial bids scheduled to be opened the same day at 12:30 PM. The selected developer must achieve financial closure within three months of the effective date of the PPA and complete commissioning within six months. Bidders are required to submit an Earnest Money Deposit of Rs. two mn, with exemption for MSMEs registered under NSIC or Udyog Aadhar, and provide a Performance Bank Guarantee of Rs 6 million prior to PPA signing or within 21 days of the Letter of Intent. Eligibility conditions include prior experience of at least three MWp in solar projects and 24 MWh in battery systems, a minimum net worth of Rs. ten mn and an annual turnover of Rs. 50 mn for FY 2024-25; selection will follow a two bid process and an e-reverse auction to finalise the lowest tariff.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..