Bids invited for 106 MW solar plants in Uttar Pradesh under PM KUSUM

18 May 2021 CW Team

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids for 106 MW of solar plants under the PM KUSUM scheme.

The scheme originally centred on solar pumps but was later extended to include solar plants.

The bids are invited to create plants of capacity ranging from 1.5 MW to 1 MW to 2 MW on various lands -- barren or agriculture land, pasturelands and marshlands within a radius of 5 km from selected 33/11 KV substations.

The bidders are expected to participate in the Request for Selection (RfS) for the establishment of grid-connected solar photovoltaic power projects on a Build-Own-Operate (B-O-O) basis.

The scheme prohibits any bidder to bid over 2 MW on any of the 24 substations and their neighbouring areas that participate in the tax-based bidding process.

Bidders can submit their bids on or before June 15, with an earnest money deposit requirement of Rs 5,900 per MW. Since discoms are not taking any obligations in arranging land or implementing such agreements, the land lease agreement made with a group of farmers/farmer bodies is compulsory.

The launch date of the project had been confirmed to be set 12 months before the date of issue of letter of allotment to a successful bidder.

With the state still trying to revive from the unexpected impacts of the second wave of Covid-19 pandemic, the clarity of deadlines of UPNEDA could be tentative and bidding could limit to smaller firms.

On the other hand, the scheme can be considered as an opportunity to prove the efficiency of the state by dodging the fact that they are slow in their processes.

Image Source

Also read: PM KUSUM: Odisha floats tender for 500 MW solar projects

Also read: Vikram Solar commissions 85 MW solar plant in Uttar Pradesh

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..