Karnataka seeks bids for floating solar project at Apannakere

21 Sep 2022 CW Team

Karnataka Renewable Energy Development Ltd (KREDL) has invited bids to install and commission a 1 MW floating solar power project with the associated transmission system at Apannakere Lake in the Kalaburgi district of Karnataka.

The successful bidder will also have to take care of the project’s operation and maintenance for 10 years.

The estimated cost of the project is Rs 76.68 million ($968,214). The last date to submit the bids is October 19, 2022. Bids will be opened on October 21.

Bidders must submit Rs 1.15 million ($14,415) as an earnest money deposit. The successful bidder must furnish an amount equivalent to 10% of 70% of the contract price as a performance bank guarantee within seven days of the issuance of the letter of award.

The successful bidder will also have to submit 10% of the 30% of the contract price as an O&M bank guarantee for ten years upon the completion and acceptance of the performance ratio test.

To be eligible, bidders should have designed, supplied, erected, and commissioned floating solar projects of a cumulative installed capacity of 1 MW, out of which at least one project must be of 800 kW or above higher capacity. The reference project must have been operating for at least 12 months before the bid submission date.

Infrastructure Urban

26 Jul 2025

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..