NTPC Seeks Bids for 20 MW Solar Project in Madhya Pradesh

26 Jul 2024 CW Team

NTPC has issued a call for bids for a 20 MW ground-mounted solar project in the MGR Bulb area of NTPC Vindhyachal, located in Madhya Pradesh.

The project involves comprehensive work, including design, engineering, supply, erection, and commissioning. Additionally, it requires three years of operation and maintenance, along with an annual maintenance contract for critical equipment.

The deadline for bid submission is September 3, 2024, with bids being opened on the same day.

Prospective bidders are required to pay Rs 22,500 for the bid documents and provide a bid security of Rs 10 million.

Eligible bidders should meet the following criteria:

? They must have executed at least one electrical substation of 33 kV or higher voltage level as a developer or an EPC contractor. ? Their annual turnover should have been at least Rs 760 million during the last three financial years up to the bid opening date. ? Their net worth should not be less than 100 per cent of their paid-up share capital in the previous financial year.

Previously, NTPC Renewable Energy, a subsidiary of NTPC, had issued a tender for an engineering, procurement, and construction package to develop solar projects with a cumulative capacity of 795 MW (2?275 MW + 1?245 MW) at Khavda RE Power Park in the Rann of Kutch, Gujarat.

Real Estate

03 Dec 2025

Noida Office Rentals Rise 18% in Six Years, Prime Districts up 29%: C&W

Noida’s office market has recorded an 18 per cent rise in average rentals over the past six years, underscoring the city’s growing appeal as a corporate hub, according to a new report by Cushman & Wakefield.In its study, Noida – Runway for Growth, the consultant noted that prime locations such as Sector 16 and Film City logged a sharper 29 per cent jump in rents, reflecting sustained demand and improving business infrastructure. As of September 2025, Noida’s office stock stands at 43.4 million sq ft, including 26.6 million sq ft of Grade A+ space.The report shows average rentals no..

Mount K Kapital Launches Rs 40-Bn Second Fund for Pan-India Real Estate Bets

Mount K Kapital, the realty-focused investment platform backed by the Rustomjee Group, has raised its second real estate fund of about Rs 40 billion, marking a major scale-up in its investment strategy.Binita Dalal, founder and managing partner, said the fund will finance 10–15 projects currently being identified across the Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru and Pune. The vehicle—supported by strong but undisclosed general and limited partners—will step in at the acquisition stage and continue funding through the development cycle in partnership with developers.Dalal ..

Kesar India Buys Key Nagpur Land for Major High-rise Project

Kesar India has expanded its national footprint with the acquisition of a 24,256 sq m land parcel in Hingna, Nagpur, paving the way for a large mixed-use high-rise development. With an estimated development potential of over 1.50 million sq ft, the project will cater to the city’s growing need for integrated residential and commercial spaces.The company expects the development to generate around Rs 9 billion in revenue, reinforcing its growth plans in one of Maharashtra’s fastest-expanding urban centres. The acquisition also strengthens its project pipeline as it continues to build a prese..