GSECL invites bids for 220 MW solar projects in Gujarat

10 Aug 2022 CW Team

Gujarat State Electricity Corporation (GSECL) has invited bids for the engineering, procurement, and construction (EPC) package to set up 220 MW of solar projects anywhere in Gujarat under the Gujarat Urja Vikas Nigam’s (GUVNL’s) tender to procure 750 MW (Phase-XVI) of solar power.

The successful bidder will also have to take care of the project’s operation and maintenance (O&M) activities for ten years. The last date to submit the bids is August 17, 2022. Bids will open on the same day.

Bidders will have to submit Rs 88 million as an earnest money deposit. The successful bidder should submit a security deposit-cum-performance bank guarantee of 10% of the EPC contract price within seven working days from the issue of the letter of intent (LoI). The selected contractor must also submit the O&M bank guarantee equivalent to 5% of the EPC contract price to GSECL within 30 days from the start of the O&M period. The estimated cost of the tender is Rs 8.8 billion.

Bidders should have previously designed, supplied, erected, supervised, and commissioned grid-connected solar power projects of a cumulative installed capacity of 20% or higher of the total bid capacity. Out of this, at least one plant should have been 5% or higher of total bid capacity.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..