IREDA extends bid submission date for CPSU solar projects

08 Jun 2021 CW Team

Indian Renewable Energy Development Agency Ltd (IREDA) has extended the bid submission date for the execution of the Central Public Sector Undertaking (CPSU) scheme phase-II to June 15 for setting up 12,000 MW grid-connected solar projects with Viability Gap Funding (VGF).

The last date to submit the bids was May 30 earlier. A VGF is given to cover the cost difference between domestic and imported solar cells and modules. VGF is going to be released in two phases.

The CPSUs must submit their responses by 15 June 2021, and the successful bidders will be selected by July 20. MNRE had appointed IREDA as the executing agency for the scheme earlier.

Under the scheme, the power produced by the government producers can be used on payment of mutually agreed usage charges of not more than Rs 2.45 per unit for use by the government or government entities or self-use, either through discoms or directly.

The maximum VGF that is permissible is Rs 55 lakh per megawatt. The bidding process will decide the actual VGF to the government producer using the VGF amount as a bid parameter to select the project developer.

The MNRE will review the maximum permissible BGF amount from time to time and reduce it if the cost comes down.

IREDA invited proposals on 29 January 2021, to set up Grid (including Mini & Micro Grid) Connected Solar PV projects anywhere in the country, as a part of the Central Government's aim to achieve a cumulative capacity of 100 GW Solar PV installation by the year 2022.

This should be done on a Build Own Operate (B-O-O) basis for an aggregate capacity of 5,000 MW under Phase-II (Tranche-III).

Image Source

Also read: Indian Railways invites bids for 15 MW solar project with battery storage

Also read: Bharat Petroleum floats tender for 15 MW solar, non-solar RE projects

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..