BHEL seeks bids for floating solar project power units

08 Mar 2024 CW Team

Bharat Heavy Electricals (BHEL) has announced the invitation of bids for the supply and commissioning of grid-connected power conditioning units (PCU) for a 300 MW capacity floating solar power project at Rengali, Odisha.

It was mentioned that the last date for the submission of bids is March 16, 2024, and the bids will be opened on the same day.

Having a portfolio with over 1,200 MW in commissioned projects, BHEL expressed its intention to venture into the floating and ground-mounted solar power plant business within the CPSU/government Utility segment.

The tender's value is estimated at Rs 400 million. Bidders were informed that there is no requirement for a tender fee or earnest money deposit to participate in the tender.

Those interested in bidding would have 252 days to complete the work. Furthermore, bidders were advised to visit the site to gain a comprehensive understanding and information regarding the existing conditions on-site and in the vicinity of the plant premises.

It was emphasized that bidders must familiarize themselves with all the legal and regulatory requirements imposed by various authorities. They were reminded to ensure that their offer adheres to these conditions.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..