Mahagenco Issues EPC Tender for 569 MW Solar Project

20 Mar 2024 CW Team

Maharashtra State Power Generation Company Limited (Mahagenco) has initiated the process by issuing an Engineering, Procurement, and Construction (EPC) tender for a 569 MW solar project. This significant move underscores the state's commitment to expanding its renewable energy capacity and reducing dependence on conventional power sources.

The EPC tender aims to solicit bids from qualified contractors for the design, procurement, and construction of the solar project. The project is expected to contribute significantly to Maharashtra's renewable energy goals and support the state's transition towards clean and sustainable power generation.

Mahagenco's decision to issue the EPC tender demonstrates its proactive approach towards harnessing solar energy and leveraging it to meet the state's growing electricity demand. By diversifying its energy mix and promoting renewable sources, Maharashtra aims to enhance energy security, mitigate environmental impact, and foster economic development.

Furthermore, the tender presents an opportunity for the solar industry to actively participate in Maharashtra's renewable energy journey and contribute to its ambitious targets. It also reflects the state government's commitment to creating a conducive environment for investment in the renewable energy sector and driving innovation and growth in the clean energy space.

Overall, the issuance of the EPC tender for the 569 MW solar project marks a significant step forward in Maharashtra's efforts to achieve its renewable energy objectives and build a sustainable future for its residents.

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..