Solar projects up for grabs in Meghalaya

12 May 2023 CW Team

Under the Meghalaya Community Intervention Project, the Meghalaya New and Renewable Energy Development Agency (MNREDA) has issued an invitation for bids for the design, provision, installation, and maintenance of grid-connected solar and solar plus battery storage projects.

Through the use of renewable energy sources, the initiatives seek to improve the rural community's standard of living in Meghalaya.

The Asian Development Bank (ADB), which has helped the Meghalaya Power Distribution Corporation (MePDCL) with a grant of $2 million and a loan of $132.9 million, will pay for the projects.

By installing rooftop solar systems, battery hybrid systems (on and off-grid), and solar electricity in schools covered by the loan, the proposed award aims to assist specific areas.

The installation of solar LED lighting, grid upgrades, and buildings are also included in the scope. The deadline for submitting online bids is June 7, 2023. The following day, the bids will be opened. Bidders are required to provide a bid security deposit of Rs 800,000. Within nine months of the grant letter's issuing, the project must be put into motion.

The bidder must have successfully completed comparable projects as a contractor, joint venture partner, or subcontractor in order to participate in the bidding process. The value of the bidder's involvement under each contract must be greater than Rs 50 million.

Additionally, bidders must have successfully developed battery-based hybrid projects, including an energy management system to track PV production, and supplied, installed, and commissioned such projects.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..