Hindustan Salts invites bids for solar projects in Gujarat

04 May 2022 CW Team

Hindustan Salts has invited bids to develop 1 GW of solar projects at Kharaghoda in the Surendranagar district of Gujarat.

The company had invited an expression of interest for the 1 GW project in 2021. Based on the strong response received, Hindustan Salts has decided to invite online bids to develop the project.

The last date to submit the bids is May 30, 2022. Bids will be opened the following day.

The power generated from the projects will be sold in the market. The revenue generated will be shared with Hindustan Salts as fixed annual charges for utilising the company’s resources, i.e., land of about 5,000 acre (considering a minimum of 4-5 acre per MW is required to set up solar projects). The successful bidder will have to pay Hindustan Salts for utilising land per acre per annum basis.

The successful bidder should take full responsibility for the planning, design and engineering, and execution of the entire civil, electrical, mechanical, and other associated works, including supply, transportation, storage, installation, testing, and commissioning of all equipment, plant, and machinery.

Bidders should submit an amount equivalent to Rs 1.1 million as an earnest money deposit. The successful bidder will have to furnish a security deposit equivalent to Rs 125 million.

The contract period will be for 25 years from the letter of acceptance.

Bidders should have experience in developing and commissioning solar projects. In the last five years, they should have developed and commissioned at least one grid-connected solar power project at a single location having a capacity of not less than 100 MW power evacuation at least six months before the bid opening date.

Bidders should have a minimum average annual turnover of Rs 10 billion during the last three financial years and have a positive net worth as of the last day of the previous financial year.

The successful bidder will have to pay Hindustan Salts the amount finalised in the tender document for the land. If the successful bidder does not make the payment on time, a penalty will be levied on the due amount at 0.1 per cent per day of the performance security, subject to a maximum of 10 per cent.

Hindustan Salts has invited bids to develop 1 GW of solar projects at Kharaghoda in the Surendranagar district of Gujarat.The company had invited an expression of interest for the 1 GW project in 2021. Based on the strong response received, Hindustan Salts has decided to invite online bids to develop the project.The last date to submit the bids is May 30, 2022. Bids will be opened the following day.The power generated from the projects will be sold in the market. The revenue generated will be shared with Hindustan Salts as fixed annual charges for utilising the company’s resources, i.e., land of about 5,000 acre (considering a minimum of 4-5 acre per MW is required to set up solar projects). The successful bidder will have to pay Hindustan Salts for utilising land per acre per annum basis.The successful bidder should take full responsibility for the planning, design and engineering, and execution of the entire civil, electrical, mechanical, and other associated works, including supply, transportation, storage, installation, testing, and commissioning of all equipment, plant, and machinery.Bidders should submit an amount equivalent to Rs 1.1 million as an earnest money deposit. The successful bidder will have to furnish a security deposit equivalent to Rs 125 million.The contract period will be for 25 years from the letter of acceptance.Bidders should have experience in developing and commissioning solar projects. In the last five years, they should have developed and commissioned at least one grid-connected solar power project at a single location having a capacity of not less than 100 MW power evacuation at least six months before the bid opening date.Bidders should have a minimum average annual turnover of Rs 10 billion during the last three financial years and have a positive net worth as of the last day of the previous financial year.The successful bidder will have to pay Hindustan Salts the amount finalised in the tender document for the land. If the successful bidder does not make the payment on time, a penalty will be levied on the due amount at 0.1 per cent per day of the performance security, subject to a maximum of 10 per cent.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..