MSEB subsidiary seeks 141 MW solar power via KUSUM tender

11 Jan 2024 CW Team

MSEB Solar Agro Power (MSAPL), a wholly-owned subsidiary of Maharashtra State Electricity Board MSEB Holding Company, has announced the invitation for bids to procure 141 MW of solar power under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program for feeder-level solarisation.

It was stated that the projects would be developed under the second phase of the Mukhyamantri Saur Krushi Vahini Yojana program.

The deadline for the submission of bids was set for February 27, 2024, and the date for the opening of bids will be communicated at a later time.

Bidders were required to provide a processing fee of Rs 2,500 per MW and a document cost of Rs 25,000. Additionally, an earnest money deposit of Rs 100,000 per MW of the quoted capacity was to be submitted.

Selected bidders were obligated to furnish a performance bank guarantee of Rs 500,000 per MW of the quoted capacity.

The scope of work encompassed ownership, financing, development, design, engineering, procurement, construction, commissioning, operation, and maintenance of the project, including the evacuation infrastructure up to the delivery point.

In the event that Maharashtra State Electricity Distribution Company (MSEDCL) could identify any new substations in the Solapur region eligible for interconnection at 11 kV / 22 kV / 33 kV voltage levels before the bid due date, MSEDCL might decide to acquire an additional 57 MW of solar power.

Bidders were required to have commissioned or possessed an operational solar capacity of at least 250 MW if the quoted capacity exceeded 200 MW. For capacities less than 200 MW, the requirement was reduced to 100 MW.

Furthermore, bidders were mandated to demonstrate a net worth of Rs 10 million for the past three financial years, with the stipulation that the net worth for these years should not be negative.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..