Consultation tender for 600 MW of solar projects in UP floated by TUSCO

10 Feb 2023 CW Team

For the development of 600 MW of solar power projects in the Uttar Pradesh district of Jhansi, TUSCO, a joint venture business of THDC India and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), has issued an invitation for bids.

The deadline for proposal submissions is February 28, 2023. The following day, the bids will be opened.

The project is expected to cost Rs 5.12 million.

The earnest money deposit amount is Rs 51,170 and must be submitted by bidders. The winning bidder will be required to provide a performance bank guarantee in the amount of 3% of the contract's value.

The contract will be in effect for four months.

The consultant must have conducted at least five years of environmental and social impact assessments for infrastructure projects, including renewable energy projects for the public or private sector, in order to take part in the bidding process. At least three of the aforementioned analyses should be in relation to the development of solar power plants.

Additionally, at least three of the aforementioned assessments should take into account the livelihood restoration plan and resettlement action plan from the previous five years.

In accordance with international norms, the consultant should also have experience doing environmental and social impact evaluations.

Also read:
Tata Power and AutoGrid collaborate to expand Mumbai's energy system
Mazagon Shipbuilders seek bids to maintain 1 MW of rooftop solar systems

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..