DVC invites bids for 12 MW solar project in Jharkhand

02 Feb 2022 CW Team

The cost estimate for this project is Rs 528.68 crores and February 28, 2022, is the last date to submit the bids. The opening would be on March 1, 2022. The cost estimate for this project is Rs 528.68 crores.

The bids are invited from engineering, procurement, and construction (EPC) contractors, and the successful winner would be responsible for operation and maintenance (O&M) activities for five years.

The bidders interested would have to submit Rs 5.826 million as an earnest money deposit.

To participate in the bidding procedure, the bidder should either be a developer of grid-connected solar power projects with a whole capacity of 12 MW or more, including at least one project with a power of 3 MW or should have constructed, supplied, developed, and commissioned solar projects.

The reference project must have been successfully active for at least six months before the bid deadline and set up at a single site by the bidder.

The networking capital or access to credit facilities should not be less than Rs 776.91 crore before the bid submission date.The net value of the bidder on the last day before the fiscal year should be equal to or over 100% of the paid-up share capital.

The contractor has to complete the project within nine months after receiving the award notice. If they fail, they need to pay Rs 33,526 per day per MW for each day of delay until the entire project is finished and subject to at least 5% of the total contract worth.

The minimum local content for a ‘Class-I Local Supplier' must be nearly 50%, and for ‘Class-II Local Supplier’, it should be at least 20%.

DVC revealed that they would choose the 'Make in India' scheme, which would increase the manufacture of services and products in the country to boost revenue and employment.

According to media sources, DVC has issued tenders for 50.2 MW of solar power projects till now.

Image Source

Damodar Valley Corporation (DVC) has floated an engineering, procurement, and construction (EPC) tender to set up a 12 MW grid-connected ground-mounted solar power project at the Koderma Thermal Power Station in Jharkhand. The cost estimate for this project is Rs 528.68 crores and February 28, 2022, is the last date to submit the bids. The opening would be on March 1, 2022. The cost estimate for this project is Rs 528.68 crores. The bids are invited from engineering, procurement, and construction (EPC) contractors, and the successful winner would be responsible for operation and maintenance (O&M) activities for five years. The bidders interested would have to submit Rs 5.826 million as an earnest money deposit. To participate in the bidding procedure, the bidder should either be a developer of grid-connected solar power projects with a whole capacity of 12 MW or more, including at least one project with a power of 3 MW or should have constructed, supplied, developed, and commissioned solar projects. The reference project must have been successfully active for at least six months before the bid deadline and set up at a single site by the bidder. The networking capital or access to credit facilities should not be less than Rs 776.91 crore before the bid submission date.The net value of the bidder on the last day before the fiscal year should be equal to or over 100% of the paid-up share capital. The contractor has to complete the project within nine months after receiving the award notice. If they fail, they need to pay Rs 33,526 per day per MW for each day of delay until the entire project is finished and subject to at least 5% of the total contract worth. The minimum local content for a ‘Class-I Local Supplier' must be nearly 50%, and for ‘Class-II Local Supplier’, it should be at least 20%. DVC revealed that they would choose the 'Make in India' scheme, which would increase the manufacture of services and products in the country to boost revenue and employment. According to media sources, DVC has issued tenders for 50.2 MW of solar power projects till now. Image Source

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..