Bihar Railways seeks bids for 1.24 MW rooftop solar projects

18 Jan 2024 CW Team

The Sonpur Division of East Central Railway has announced the invitation for bids for the state-wise empanelment of agencies. The purpose is to implement 1.24 MW grid-connected rooftop solar power projects at its electric loco shed in Barauni Junction. This will be done through a public-private partnership and on a design, build, finance, operate, and transfer basis.

It has been specified that the projects will be developed in two capacity ranges. The first range is above 10 kW and up to 100 kW, amounting to a total of 140 kW. The second range is above 100 kW and up to 500 kW, totaling 1,100 kW. Bidders are allowed to quote for either one or all of the capacities.

It is a requirement that the projects be commissioned within 240 days of receiving the work order. Additionally, the developers are obligated to provide comprehensive operation and maintenance services for duration of 25 years.

The deadline for submitting bids is set for February 12, 2024, and bids will be opened on the same day.

Bidders are expected to furnish an earnest money deposit of Rs 1.07 million per MW of the quoted capacity.

The selected bidders, upon signing the power purchase agreement, must submit a performance security of Rs 1.6 million per MW within 30 days.

The empanelment's validity is for one year, with the potential for an extension of another year. This extension will be based on the developer's performance and requests from zonal railways.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..