NHPC Invites Bids for 2.56 MW Rooftop Solar Projects in Nagaland

18 Mar 2025 CW Team

NHPC has issued a tender for 2.56 MW rooftop solar projects on government buildings in Nagaland under the PM Surya Ghar: Muft Bijli Yojana. The deadline for bid submission is April 21, 2025, with bid opening scheduled for April 23. Bidders must submit an earnest money deposit of Rs 2.5 million and a performance security fee of Rs 2,475 per kW, along with a bid document procurement fee of Rs 5,000. The scope of work includes design, engineering, equipment supply, erection, testing, commissioning, and operation & maintenance for 25 years. Successful bidders must also obtain net metering approval and ensure grid connectivity. The project must be completed within nine months, maintaining an annual capacity utilization factor (CUF) of at least 14%. Eligibility criteria: • Experience in designing, supplying, erecting, and commissioning solar projects with a cumulative installed capacity of at least 400 kW, with at least one project of 40 kW at a single location. • Alternatively, bidders must have developed at least 400 kW solar projects, with one project of 40 kW at a single location. • Or, experience as a developer/EPC contractor in the process industry or completion of an infrastructure project worth Rs 40 million. • Experience in executing at least one 11 kV electrical substation with circuit breakers and power transformers. • Minimum annual turnover of Rs 50.9 million in the last three financial years. • Working capital requirement of Rs 23.8 million. • Project management charge of Rs 1,485 per kW. • Solar modules must be procured from manufacturers listed in the Approved List of Models and Manufacturers (ALMM). Recent developments: In a similar initiative, SJVN recently invited bids for a 1.604 MW rooftop solar system on government buildings in Arunachal Pradesh under the same scheme. (mercom)

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..