Gensol wins 8 MW solar project EPC contract

11 Jul 2023 CW Team

The engineering and consulting firm Gensol Engineering has been granted the engineering, procurement, and construction (EPC) contract for an 8 MW ground-mounted solar power project in Panchet town of Dhanbad district in Jharkhand by the Damodar Valley Corporation (DVC).

It was announced that the company will also supervise the project's operation and maintenance for a period of five years.

Gensol secured the project by submitting a bid of Rs 476 million during the e-reverse auction.

It is now required for the company to provide a performance security amounting to 5%-10% of the contract value.

Apart from the performance security, DVC will withhold retention money equal to 5% of each running bill until final acceptance in order to ensure the successful completion of the project.

Gensol has a deadline of nine months from the receipt of the letter of award to commission the project.

In February 2023, DVC initiated the tender for the project, stipulating the use of monocrystalline solar photovoltaic technology with a fixed tilt configuration.

Gensol will be accountable for the provision of solar modules, mounting structures, string combiner boxes, power conditioning units, inverters, and all the necessary equipment required to construct a 33 kV bay at the existing 132/33 kV Panchet Hydel Station switchyard.

The company must also ensure that vendors offer a guarantee for the materials and equipment for a duration of 18 months from the delivery date or 12 months from the commissioning date, whichever comes earlier.

It was specified that the modules used in the project must have a linear degradation rate of power output, except for the first year, and guarantee a minimum of 80% of the initial rated power output at the end of 25 years from the date of successful commercial operation.

Also read:
Odisha invites bids to solarise 43 govt buildings
AGEL to raise Rs 12k crore to repay debt, boost capex

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..