MP Invites Bids for 670 MW Solar Projects Under KUSUM

09 Oct 2023 CW Team

The Madhya Pradesh Urja Vikas Nigam (MPUVNL) has initiated the bidding process for the establishment of 670 megawatts (MW) grid-connected solar power projects, as part of Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program. These projects will play a crucial role in harnessing renewable energy sources in the state of Madhya Pradesh. The generated power will be supplied to the Madhya Pradesh Power Management Company (MPPMCL).

Interested renewable power generators (RPGs) have until October 10, 2023, to submit their bids, with the bid opening scheduled for November 3. The comprehensive scope of work encompasses the design, engineering, supply, construction, erection, testing, commissioning, and construction of bays and related switchgear at the substation.

Additionally, successful bidders will be responsible for providing comprehensive operation and maintenance services throughout the power purchase agreement (PPA) period, which spans 25 years. To participate, bidders are required to submit a bid security of 100,000 (approximately $1,201) per MW of the quoted capacity. Furthermore, upon receiving the letter of award, the winning bidder must furnish a performance bank guarantee equivalent to ?500,000 (around $6,007) per MW of the allocated capacity within 30 days.

This initiative underscores the commitment of Madhya Pradesh towards expanding its renewable energy infrastructure and aligning with India's broader goals of sustainable and clean energy production. The PM KUSUM program represents a significant step in this direction, contributing to the state's efforts to harness solar power and reduce its carbon footprint.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..