Mahanadi Coalfields Invites Solar Bids

15 Oct 2024 CW Team

Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India, has invited bids for the development of a 1.5 MW rooftop solar system across various locations in Odisha. This initiative is part of MCL's broader efforts to reduce its carbon footprint by integrating renewable energy into its operations, aligning with India's push toward sustainable energy sources. The tender calls for the installation of grid-connected solar photovoltaic (PV) systems atop buildings at MCL’s various facilities.

The project will be executed through an engineering, procurement, and construction (EPC) model, with the selected contractor responsible for the entire lifecycle of the project, including design, supply, installation, and commissioning of the rooftop solar systems. The chosen bidder must ensure the solar panels are installed with high efficiency and durability to maximize power output. The total capacity of 1.5 MW will help MCL significantly reduce its reliance on conventional electricity sources, promoting greener energy solutions in the coal mining sector.

The deadline for bid submission is set for the end of October 2024. MCL's transition to solar power supports India's commitment to increasing its renewable energy capacity, helping industrial sectors like coal mining to adopt cleaner energy sources. Additionally, this project underscores the growing trend of solar adoption by heavy industries, helping to mitigate climate change and improve sustainability.

This development also aligns with the government's mission to achieve net-zero carbon emissions by 2070, further emphasizing the critical role that renewable energy will play in India's future energy strategy. By inviting bids for this rooftop solar project, MCL is positioning itself as a key player in India's renewable energy revolution.

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..