JAKEDA Issues Tender for 175 MW Rooftop Solar Projects

11 Feb 2025 CW Team

The Jammu and Kashmir Energy Development Agency (JAKEDA) has released a tender to empanel developers for setting up 175 MW of rooftop solar projects on government buildings under the renewable energy service company model in the Union Territory.

The deadline for submitting bids is February 28, 2025, with bids to be opened on March 1, 2025.

Bidders are required to submit an earnest money deposit of Rs 500,000 per MW and a performance bank guarantee of Rs 600,000 per MW/project, along with a tender fee of Rs 50,000.

The scope of the project includes a survey, design, engineering, financing, supply, installation, testing, and commissioning, as well as 25 years of operation and maintenance.

The selected bidders will be allocated a maximum of 75 MW capacity, with a minimum capacity utilisation factor of 13.5%. Solar modules must meet strict performance criteria, including less than 3% degradation in the first year and below 1% annually thereafter. The projects must be commissioned within five months in urban areas and seven months in rural areas.

Bidders must submit quotes for at least 50% of the tentative capacity for clusters, with specific capacity requirements for certain clusters. Project sizes will range from 20 kW to 500 kW.

Bidders must meet a minimum annual turnover of Rs 11 million per MW over the past three financial years and have experience in designing, supplying, installing, and commissioning grid-connected solar projects with a cumulative capacity of at least 1 MW in the last seven years, with the project having been operational for at least one year.

This empanelment tender is part of JAKEDA’s broader plan to install around 200 MW of rooftop solar power systems on government buildings under a build-own-operate model.

(Mercom)

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..