SJVN Floats Tender For 300 MW Of New Solar Projects In Punjab
POWER & RENEWABLE ENERGY

SJVN Floats Tender For 300 MW Of New Solar Projects In Punjab

SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN Limited, has issued a major tender to develop 300 MW of grid-connected solar power projects across Punjab, reinforcing India’s renewable-energy expansion. The capacity is split into 200 MW under the PSPCL ET-4 scheme and 100 MW under the PSPCL ET-2 scheme, with projects to be set up at multiple locations over the next two years.

The tender requires bidders to manage the full lifecycle of the projects, including arranging land and undertaking complete Engineering, Procurement and Construction works. Responsibilities cover design, engineering, supply, erection, testing and commissioning of the solar PV plants, followed by three years of operations and maintenance. The projects must be completed within twenty-four months of the Letter of Award.

Bidding will follow a Single Stage Two Envelope system, featuring Techno-Commercial and Price Bids, culminating in an online reverse auction. Participants must have experience developing at least 50 MWp of cumulative grid-connected solar projects, including one operating plant of at least 10 MWp commissioned six months before the tender date.

The Notice Inviting Tender was issued on 25 November 2025. A pre-bid meeting will be held on 6 December via video conference. Bid document sales close on 18 December at noon, while the deadline for submission is 19 December at 2:00 pm, with Techno-Commercial bids opened the same day. Dates for Price Bid opening and the reverse auction will be announced later.

Bidders must pay a non-refundable document fee of Rs 5,900 and submit an Earnest Money Deposit of Rs 1.2 billion through bank guarantee or online payment. The successful bidder must furnish a Performance Bank Guarantee of three per cent of the contract value within twenty-eight days of receiving the award. SGEL expects the projects to significantly strengthen Punjab’s solar capacity and further expand its national renewable portfolio.

SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN Limited, has issued a major tender to develop 300 MW of grid-connected solar power projects across Punjab, reinforcing India’s renewable-energy expansion. The capacity is split into 200 MW under the PSPCL ET-4 scheme and 100 MW under the PSPCL ET-2 scheme, with projects to be set up at multiple locations over the next two years. The tender requires bidders to manage the full lifecycle of the projects, including arranging land and undertaking complete Engineering, Procurement and Construction works. Responsibilities cover design, engineering, supply, erection, testing and commissioning of the solar PV plants, followed by three years of operations and maintenance. The projects must be completed within twenty-four months of the Letter of Award. Bidding will follow a Single Stage Two Envelope system, featuring Techno-Commercial and Price Bids, culminating in an online reverse auction. Participants must have experience developing at least 50 MWp of cumulative grid-connected solar projects, including one operating plant of at least 10 MWp commissioned six months before the tender date. The Notice Inviting Tender was issued on 25 November 2025. A pre-bid meeting will be held on 6 December via video conference. Bid document sales close on 18 December at noon, while the deadline for submission is 19 December at 2:00 pm, with Techno-Commercial bids opened the same day. Dates for Price Bid opening and the reverse auction will be announced later. Bidders must pay a non-refundable document fee of Rs 5,900 and submit an Earnest Money Deposit of Rs 1.2 billion through bank guarantee or online payment. The successful bidder must furnish a Performance Bank Guarantee of three per cent of the contract value within twenty-eight days of receiving the award. SGEL expects the projects to significantly strengthen Punjab’s solar capacity and further expand its national renewable portfolio.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement