Gridco Calls for Solar Project Bids

22 Feb 2024 CW Team

Grid Corporation of Odisha (Gridco) has recently opened the doors for potential investors and developers by inviting bids for the acquisition of land dedicated to solar projects in the state. This move aligns with Odisha's commitment to bolster its renewable energy capacity and embrace sustainable practices. The initiative comes as part of the state's broader strategy to harness solar power and reduce dependency on conventional sources.

The invitation for bids presents a strategic opportunity for businesses and investors to participate in the burgeoning renewable energy sector in Odisha. Gridco, a key player in the state's power distribution and transmission, is facilitating the development of solar projects by making available suitable land parcels. The identified land is strategically located to optimize solar exposure, ensuring maximum efficiency for the proposed solar ventures.

Interested parties are encouraged to explore this unique prospect, leveraging Gridco's initiative to contribute to the growth of clean energy infrastructure. By participating in this bidding process, stakeholders have the chance to play a pivotal role in the state's transition towards a greener and more sustainable future.

The solar projects, once established, will not only enhance Odisha's renewable energy capacity but also create opportunities for job growth and economic development in the region. As the global focus on clean energy intensifies, investments in solar projects become increasingly attractive, aligning financial interests with environmental stewardship.

In conclusion, Gridco's invitation for bids marks a significant stride towards a more sustainable and eco-friendly energy landscape in Odisha. Businesses and investors venturing into this opportunity contribute not only to their growth but also to the broader objective of fostering a cleaner and greener tomorrow.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..