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.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..