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 Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..