Indian Oil seeks consultants for nationwide renewable projects

25 Sep 2023 CW Team

The Indian Oil Corporation (IOCL) has announced an invitation to tender for the appointment of a technical consultant for the provision of project management consultancy services aimed at establishing renewable energy projects at various locations throughout India.

It was stated that the deadline for the submission of bids would be September 29, 2023, with the opening of bids scheduled for October 3.

Potential bidders were informed that there was no requirement for an earnest money deposit.

Furthermore, it was conveyed that the contract's validity would extend for a period of three years starting from the issuance of the letter of award.

Bidders were also informed of the necessity to possess prior experience in delivering project management consultancy services, encompassing the preparation of comprehensive project reports, design, and engineering (inclusive of tendering and site supervision support) to aid the project developer. It was a stipulation that bidders should have demonstrated their expertise in offering project management consultancy services for projects tendered by renewable energy implementing agencies, distribution companies (DISCOMs), power utilities, or state nodal agencies, with an installed capacity of 50 MW or more for wind projects and 50 MW or more for solar projects, within the past seven years.

It was clarified that the submitted project management consultancy services for wind and solar projects, which illustrated the bidder's experience, did not need to originate from the same work order. However, it was necessary for the minimum installed capacity of 50 MW for either a wind or solar project to be located at a single site and executed through a single work order.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..