Railways Seek Bids for 500 MW RTC Renewable Power

28 Jan 2025 CW Team

Railway Energy Management Company (REMCL) has announced bids to select developers for supplying 500 MW round-the-clock (RTC) power from grid-connected renewable energy projects, with or without storage, for Indian Railways.

The bidding deadline is February 25, 2025, and submissions will be opened on February 27, 2025. Developers must quote a minimum of 100 MW for the projects, to be built on a build-own-operate basis.

Cost Details Earnest Deposit: Rs 980,000 (~Rs 11.4 lakh)/MW Performance Guarantee: Rs 2 million (~Rs 23.2 lakh)/MW Bid Document Fee: Rs 29,500 (~Rs 34,200) Bid Processing Fee: Rs 1 million (~Rs 11.6 lakh) + 18% GST Success Charges: Rs 100,000 (~Rs 1.16 lakh)/MW + 18% GST

Project Specifications The project scope includes setting up renewable energy facilities, securing required land, and establishing a dedicated transmission network. Developers must use type-certified wind turbine models and solar modules from approved manufacturers.

Projects must be commissioned within 24 months of award, ensuring a minimum annual power availability of 75% for the first three years and 85% thereafter. Non-compliance will result in damages at 200% of the tariff for shortfall energy.

Financial & Technical Criteria Turnover Requirement: ?48 million (~?5.6 crore)/MW in the last financial year. Excess energy may be sold to third parties or power exchanges, offering flexibility in operations. Background REMCL, a joint venture of the Ministry of Railways (49%) and RITES (51%), has been proactive in renewable energy initiatives. Recently, it also invited bids for feasibility studies and detailed project reports for solar projects across multiple states.

This bid is a step toward sustainable energy integration in India’s railway operations, underscoring its commitment to renewable energy advancements.

Infrastructure Urban

13 Oct 2025

Madurai Corporation Proposes Rs 1,400 Million Plan to Save Vaigai River

In a renewed effort to tackle pollution, the Madurai Corporation has submitted Rs 1,400 million proposal to the state government to upgrade the city’s drainage network and prevent untreated sewage from entering the Vaigai River. The proposal follows growing public concern over the river’s deteriorating condition despite previous mitigation efforts. The Vaigai flows for nearly 12 km within Madurai city limits, with sections obstructed by invasive plants, garbage, and untreated sewage. While multiple inlets contribute to contamination, the Panthalkudi canal in Goripalayam has been identifi..

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..