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

03 Nov 2021 CW Team

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

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..