RUMSL floats tender for 600 MW floating solar park in Madhya Pradesh
POWER & RENEWABLE ENERGY

RUMSL floats tender for 600 MW floating solar park in Madhya Pradesh

The Rewa Ultra Mega Solar Limited (RUMSL) has floated tenders for developing a 600 MW of floating solar park at Omkareshwar, Madhya Pradesh.

RUMSL is a joint venture (JV) with Solar Energy Corporation of India (SECI) and the Madhya Pradesh Urja Vikas Nigam.

The tender for 600 MW capacity floating solar project will have six units of 100 MW each of floating solar photovoltaic grid-connected power projects developed at Omkareshwar reservoir.

The deadline to submit the bids is 31 January 2022, and the bids will be opened on 1 February.

The bidders will have to deposit Rs 650,000 per MW as an earnest money deposit. RUMSL will provide the evacuating infrastructure for the project. Bidders sharing a land border with India are eligible to participate in the bidding.

For participating in the bidding, the bidder should have experience in installing and commissioning floating solar projects of at least 2.5 MW, with a commissioned capacity of at least 1 MW. The bidder should also be experienced in installing and commissioning ground-mounted solar projects of a minimum 200 MW capacity.

However, the bidder should be experienced in installing and commissioning ground-mounted solar projects with the minimum aggregate capacity equivalent to double the quoted capacity by the bidder.

The experience in ground-mounted solar projects should be cumulative but not in over three completed contracts. A minimum of one such project should have a 50 MW capacity.

The annual turnover of the bidder should be Rs 40 million per MW during the last three years. In the previous fiscal year, the net worth of the bidder should be a minimum of Rs 9 million per MW of the quoted capacity.

Image Source

Also read: NHPC invites bids for 100 MW floating solar project in Odisha

The Rewa Ultra Mega Solar Limited (RUMSL) has floated tenders for developing a 600 MW of floating solar park at Omkareshwar, Madhya Pradesh. RUMSL is a joint venture (JV) with Solar Energy Corporation of India (SECI) and the Madhya Pradesh Urja Vikas Nigam. The tender for 600 MW capacity floating solar project will have six units of 100 MW each of floating solar photovoltaic grid-connected power projects developed at Omkareshwar reservoir. The deadline to submit the bids is 31 January 2022, and the bids will be opened on 1 February. The bidders will have to deposit Rs 650,000 per MW as an earnest money deposit. RUMSL will provide the evacuating infrastructure for the project. Bidders sharing a land border with India are eligible to participate in the bidding. For participating in the bidding, the bidder should have experience in installing and commissioning floating solar projects of at least 2.5 MW, with a commissioned capacity of at least 1 MW. The bidder should also be experienced in installing and commissioning ground-mounted solar projects of a minimum 200 MW capacity. However, the bidder should be experienced in installing and commissioning ground-mounted solar projects with the minimum aggregate capacity equivalent to double the quoted capacity by the bidder. The experience in ground-mounted solar projects should be cumulative but not in over three completed contracts. A minimum of one such project should have a 50 MW capacity. The annual turnover of the bidder should be Rs 40 million per MW during the last three years. In the previous fiscal year, the net worth of the bidder should be a minimum of Rs 9 million per MW of the quoted capacity. Image Source Also read: NHPC invites bids for 100 MW floating solar project in Odisha

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?