Jodhpur DISCOM issues tender for 333 MW solar projects under PM KUSUM

05 Nov 2024 CW Team

Jodhpur Vidyut Vitran Nigam (JDVVNL) has invited expressions of interest for setting up 333.5 MW of solar projects with 11 kV lines and remote monitoring systems under Component A of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) program.

Bidders have until November 29, 2024, to submit their proposals, with the opening of bids scheduled for December 3. A bid security deposit of Rs 100,000 per MW is required. Projects must be commissioned within nine months of receiving the work order, with developers providing 25 years of operation and maintenance services.

The selected bidders will enter a 25-year power purchase agreement (PPA) with Rajasthan Urja Vikas Nigam at a levelised tariff of Rs 3.04 per kWh. However, Component A of PM KUSUM offers no subsidy or financial support for these solar projects.

Eligible participants include individual farmers, groups, cooperatives, panchayats, farmer producer organisations, and water user associations, with project capacities from 500 kW to 2 MW. Renewable developers can also establish these projects on farmers' behalf.

The projects will utilise the farmers' unused or barren land within a five-kilometre radius of a JDVVNL substation and must use Ministry of New and Renewable Energy-approved solar photovoltaic modules, meeting a minimum capacity utilisation factor of 17%.

In addition to this tender, JDVVNL recently issued three tenders for 494.82 MW of grid-connected solar projects in Churu District Circle under Component C of PM KUSUM.

(Merom)

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..