NVVN Invites Bids for 8 MW Solar Projects at DRDO Hyderabad

31 Jan 2025 CW Team

NTPC Vidyut Vyapar Nigam (NVVN) has issued a tender for an 8 MW grid-connected rooftop solar power project at the Defence Research and Development Organisation (DRDO) Hyderabad campus. Bids must be submitted by February 19, 2025. Bids will be opened on February 20. The project’s scope of work entails providing and installing project equipment and completing civil and associated works. It also involves engineering, designing, manufacturing, testing, and commissioning the project. Selected bidders must furnish a performance security of 10% of the contract value within 28 days of the notification of award. They must also submit a security deposit of 0.1 x G x R, where G is the annual power generation based on the capacity utilization factor for that year, and R is (~$0.058)/kWh. Successful bidders must provide operation and maintenance services for 10 years from the project’s completion. The project must be completed within 22.5 months from the notification of award. Bidders must be Class-I or Class-II local suppliers. They must submit details of their gross turnover during the last three financial years and a chartered accountant-certified balance sheet and profit and loss account for the past three years. Bidders from countries sharing a land border with India can apply, provided they are registered with the competent authorities. Indian bidders having transfer of technology agreements with entities from these countries must also be registered with the same authorities. These requirements do not apply to bidders from countries that have received lines of credit or are involved in development projects with the Indian government. Recently, NVVN issued tenders for the engineering, procurement, and construction of 4 MW grid-connected rooftop solar power projects at the DRDO campuses

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..