SECI invites bids for O&M of Badi Sid solar project

09 Nov 2022 CW Team

The Solar Energy Corporation of India (SECI) has invited bids for the operation and maintenance (O&M) contract, including insurance for five years, for a 10 MW ground-mounted solar power project at Badi Sid in the Jodhpur district of Rajasthan. The last date to submit the bids is December 5, 2022. Bids will be opened on the same day.

Bidders must submit Rs 1.21 million ($14,618) as earnest money deposit. The successful bidder will have to furnish an amount equivalent to 3% of the total contract value as the performance bank guarantee.

To be eligible, bidders must have experience as contractors or sub-contractors in O&M of grid-connected ground-mounted solar power projects including services and spares for cumulative capacity not less than 5 MW in the last seven years. The project must be in operation for at least 12 months before the last date of bid submission.

Also, out of the above-mentioned capacity, at least two grid-connected solar projects must have an individual capacity of 1 MW or above in the last seven years.

The bidders must have a minimum average annual turnover of Rs 24.1 million ($291,167) during the last three financial years and a positive net worth in the last financial year.

Additionally, the bidder should have a working capital of at least Rs 3.017 million ($36,450) as of the last day of the previous financial year.

Infrastructure Urban

07 Oct 2025

Paras Defence Subsidiary Wins Rs 460 Mn Anti-Drone Order

Paras Defence and Space Technologies (PDST) saw its shares rise 1.5 per cent to Rs 701 after its subsidiary, Paras Anti-Drone Technologies, secured a defence contract from the Ministry of Defence, Government of India, valued at approximately Rs 460.19 million.The order covers the supply of Anti-Drone Systems, including Drone Jammers, marking a significant milestone for Paras Anti-Drone in India’s growing counter-UAV segment. The contract is scheduled for execution by March 2026. According to official filings, the award is from a domestic entity, not a related party transaction, and no promot..

Jindal Stainless Launches First Stainless Steel Fabrication Unit in Mumbai

Jindal Stainless, India’s largest stainless steel manufacturer, through its subsidiary Jindal Stainless Steelway (JSSL), has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. The 4 lakh sq ft facility is designed to serve the bridge sector, fabricating critical components such as girders, arches, nuts, bolts, and handles. The unit was inaugurated by CEO & CFO Tarun Khulbe in the presence of senior leadership.Developed with an initial investment of Rs 1.25 billion, the facility strengthens Jindal Stainless’ position as a provider of end-to-end fabr..

Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.This financial closure underscores the banking community’s confidence in ..