PEDA floats tender for 18 MW BBMB's four solar power projects

16 Dec 2021 CW Team

The winning bidder will supply power to BBMB according to the terms and conditions of the power purchase agreement (PPA).

The deadline to submit the bids is December 30, and the bids will be opened on December 31.

The bidders will have to pay Rs 500,000 per MW as an earnest money deposit. The winning bidder must deposit Rs 1 million per MW as a performance bank guarantee.

The solar projects should be commissioned within 13 months from the date of signing the PPA.

The bidders must use only the modules listed in the Approved List of Models and Manufacturers (ALMM), issued by the Ministry of New and Renewable Energy (MNRE).

The winning bidder will have to set up the solar project on BBMB's land. The developer will sign a rent agreement with BBMB for 27 years and six months for a land vacation. BBMB will provide the land at Rs 100 per acre yearly.

For participating in the bidding, the bidder must have installed and commissioned a minimum of one grid-connected solar project of 5 MW capacity or more, which must have been operational for a minimum of one year before the bid submission date.

The net worth of the bidder should be Rs 7 million or more per MW of the quoted capacity for the last financial year.

The capacity utilisation factor (CUF) should not be less than 21%. The solar developer should maintain the annual CUF within +10% and -15% of the declared value at the end of the last ten years, while the remaining at 19% within +10% and -20% of the declared value at the end of 25 years.

Image Source

Also read: RUMSL floats tender for 600 MW floating solar park

Also read: Durgapur Projects invites bids for 7 MW ground-mounted solar project

The Punjab Energy Development Agency (PEDA) has floated tender for 18 MW capacity grid-connected solar power projects of Bhakra Beas Management Board (BBMB) at four locations on a build, own and operate basis. The winning bidder will supply power to BBMB according to the terms and conditions of the power purchase agreement (PPA). The deadline to submit the bids is December 30, and the bids will be opened on December 31. The bidders will have to pay Rs 500,000 per MW as an earnest money deposit. The winning bidder must deposit Rs 1 million per MW as a performance bank guarantee. The solar projects should be commissioned within 13 months from the date of signing the PPA. The bidders must use only the modules listed in the Approved List of Models and Manufacturers (ALMM), issued by the Ministry of New and Renewable Energy (MNRE). The winning bidder will have to set up the solar project on BBMB's land. The developer will sign a rent agreement with BBMB for 27 years and six months for a land vacation. BBMB will provide the land at Rs 100 per acre yearly. For participating in the bidding, the bidder must have installed and commissioned a minimum of one grid-connected solar project of 5 MW capacity or more, which must have been operational for a minimum of one year before the bid submission date. The net worth of the bidder should be Rs 7 million or more per MW of the quoted capacity for the last financial year. The capacity utilisation factor (CUF) should not be less than 21%. The solar developer should maintain the annual CUF within +10% and -15% of the declared value at the end of the last ten years, while the remaining at 19% within +10% and -20% of the declared value at the end of 25 years. Image Source Also read: RUMSL floats tender for 600 MW floating solar park Also read: Durgapur Projects invites bids for 7 MW ground-mounted solar project

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Equipment

10 Mar 2026

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..