POWERGRID is seeking bids to evacuate 2.5 GW of solar power in K'taka

09 May 2023 CW Team

A transmission line package for the pooling station connected to the transmission programme for the solar energy zone (2,500 MW) in Bidar, Karnataka, has been put out for bids by the Power Grid Corporation of India (POWERGRID).

It will be built, owned, operated, and transferred before being transferred.

The deadline for proposal submissions is May 15, 2023. The day of the bid opening is May 17.

All businesses, including privately owned businesses and government-owned corporations registered and incorporated in India, may participate in this offer.

After getting the letter of award, the project has to be finished in less than 21 months.

Bidders must have finished building transmission lines with a length of at least 100 km and a voltage rating of 345 kV or higher during the previous seven years.

They were required to complete the project's line material supply, tower foundation, erection, and stringing, as well as the delivery of towers and tower parts.

Additionally, the transmission line tower for 345 kV or higher voltage class should have been developed and properly tested.

The bidders' net worth over the last three fiscal years ought to be positive.

The company's minimum average yearly turnover for the best three of the last five fiscal years should be Rs 3.57 billion won. To be eligible for the bidding procedure, Micro and Small Enterprises (MSEs) must fulfil 80% of the requirements.

Additionally, bidders must demonstrate that they are in possession of liquid assets and credit facilities with a value of at least Rs 595.7 million.

Also read:
Govt, of Sikkim seeks bids for Development of distribution infrastructure
Power policy draft amended by govt to stop new coal-fired capacity

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..