POWERGRID Seeks Bids for 1.07 MW Rooftop Solar at NIT Durgapur

23 Jan 2025 CW Team

The deadline for bid submissions is February 13, 2025, with the bids scheduled to be opened on the same day. Participants are required to provide an earnest money deposit of Rs 1.045 million and a performance guarantee amounting to 5 per cent of the contract value, which must remain valid for the contract duration plus an additional 90 days.

The contract, spanning four months from the award date, includes a 12-month defect liability period following commissioning. The selected contractors will be responsible for the design, supply, installation, commissioning, and maintenance of the solar project. Additionally, they must maintain the project for a period of five years and provide quarterly energy usage and performance reports.

Eligible bidders are required to be Class-I local suppliers with a minimum of 50 per cent local content. They should have executed either three similar projects with a cumulative capacity of at least 250 kW, two similar projects with a capacity of 500 kW each, or a single project with a minimum capacity of 750 kW. Moreover, they must demonstrate a minimum average turnover of Rs 78.3 million over the last five financial years, possess liquid assets of at least Rs 13.1 million, and have maintained a positive net worth for the past three financial years. Compliance with the Approved List of Models and Manufacturers for solar components is mandatory.

In recent developments, POWERGRID secured two projects from REC Power Development and Consultancy to establish an interstate transmission system and enhance substation capacity in Gujarat and Karnataka. Earlier in the year, POWERGRID partnered with Rajasthan Rajya Vidyut Prasaran Nigam to develop Rajasthan’s intrastate transmission network. Furthermore, in December 2024, POWERGRID raised Rs 42.5 billion through bonds issued via private placement.

Power Grid Corporation of India (POWERGRID), a public sector enterprise under the Ministry of Power, has announced a tender for a 1.07 MW rooftop solar project at the National Institute of Technology (NIT) Durgapur in West Bengal. This initiative forms part of POWERGRID’s corporate social responsibility activities. The deadline for bid submissions is February 13, 2025, with the bids scheduled to be opened on the same day. Participants are required to provide an earnest money deposit of Rs 1.045 million and a performance guarantee amounting to 5 per cent of the contract value, which must remain valid for the contract duration plus an additional 90 days. The contract, spanning four months from the award date, includes a 12-month defect liability period following commissioning. The selected contractors will be responsible for the design, supply, installation, commissioning, and maintenance of the solar project. Additionally, they must maintain the project for a period of five years and provide quarterly energy usage and performance reports. Eligible bidders are required to be Class-I local suppliers with a minimum of 50 per cent local content. They should have executed either three similar projects with a cumulative capacity of at least 250 kW, two similar projects with a capacity of 500 kW each, or a single project with a minimum capacity of 750 kW. Moreover, they must demonstrate a minimum average turnover of Rs 78.3 million over the last five financial years, possess liquid assets of at least Rs 13.1 million, and have maintained a positive net worth for the past three financial years. Compliance with the Approved List of Models and Manufacturers for solar components is mandatory. In recent developments, POWERGRID secured two projects from REC Power Development and Consultancy to establish an interstate transmission system and enhance substation capacity in Gujarat and Karnataka. Earlier in the year, POWERGRID partnered with Rajasthan Rajya Vidyut Prasaran Nigam to develop Rajasthan’s intrastate transmission network. Furthermore, in December 2024, POWERGRID raised Rs 42.5 billion through bonds issued via private placement.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..