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 Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..