GIPCL floats tender for 75 MW grid-connected solar plant in Surat

31 Jan 2022 CW Team

The successful bidder will additionally have to take care of the project’s operation and maintenance (O&M) activities for three years. The last date to present the proposals online is February 11, 2022. Proposals will be opened on the same day. The successful bidder will have to provide an amount of 10% of the engineering, procurement, and construction (EPC) cost as the performance bank guarantee within two weeks from the issuance of the letter of intent (LoI).

To take part in the bidding process, the bidder should have experience in the design, supply, installation, and launch of solar power plants of a cumulative capacity of 75 MW or more in India on or after January 1, 2015, as on the proposal submission date.

Out of the 75 MW capacity, there must be at least one solar power plant of 60 MW or two separate projects of cumulative capacity of 60 MW. The bidder should additionally present proof of achievement of performance generation guarantee and performance of at least one solar power plant of 30 MW or above, which should have been certified by the developer of that particular solar project.

Additionally, the bidder should have experience of implementing transmission system projects having connectivity up to the state transmission utility or central transmission utility grid at 66 kV voltage level or above, other than in a solar park, either as a part of the solar EPC project or as a separate transmission project.

The cumulative revenue of the bidder during the past three financial years must be Rs 3.5 billion. The bidder’s net worth during the last financial year must be positive.

Image Source

Also read: GSECL floats tender for 220 MW solar projects in Gujarat

Gujarat Industries Power Company Limited (GIPCL) has floated tender for the design, engineering, supply, procurement, erection, testing, and launch of 75 MW of grid-connected solar power plant near its Surat Lignite Power Plant in the Surat district of Gujarat. The successful bidder will additionally have to take care of the project’s operation and maintenance (O&M) activities for three years. The last date to present the proposals online is February 11, 2022. Proposals will be opened on the same day. The successful bidder will have to provide an amount of 10% of the engineering, procurement, and construction (EPC) cost as the performance bank guarantee within two weeks from the issuance of the letter of intent (LoI). To take part in the bidding process, the bidder should have experience in the design, supply, installation, and launch of solar power plants of a cumulative capacity of 75 MW or more in India on or after January 1, 2015, as on the proposal submission date. Out of the 75 MW capacity, there must be at least one solar power plant of 60 MW or two separate projects of cumulative capacity of 60 MW. The bidder should additionally present proof of achievement of performance generation guarantee and performance of at least one solar power plant of 30 MW or above, which should have been certified by the developer of that particular solar project. Additionally, the bidder should have experience of implementing transmission system projects having connectivity up to the state transmission utility or central transmission utility grid at 66 kV voltage level or above, other than in a solar park, either as a part of the solar EPC project or as a separate transmission project. The cumulative revenue of the bidder during the past three financial years must be Rs 3.5 billion. The bidder’s net worth during the last financial year must be positive. Image Source Also read: GSECL floats tender for 220 MW solar projects in Gujarat

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..