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

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..