TANCEM invites bids for 20 MW solar projects at Alangulam Cement Works

08 Feb 2024 CW Team

Tamil Nadu Cements Corporation (TANCEM) is seeking proposals from consultants for the preparation of a detailed project report (DPR) for the implementation of a 20 MW solar power project at Alangulam Cement Works in Virudhnagar district.

The deadline for bid submission is February 19, 2024, with the bid opening scheduled for the same day. Interested parties are required to provide an earnest money deposit of Rs 10,000 (~$120).

TANCEM aims to fulfill the energy requirements of its Alangulam cement plant, boasting an annual production capacity of 200,000 tons of cement, through the proposed solar project.

The chosen consultant will be responsible for developing the DPR within 30 days of receiving the work order. The scope of work encompasses a techno-economic feasibility study, evaluating the suitability of the land site, technical aspects of the solar project's proposed locations, and assessments of land, utilities, and technology. Additionally, the consultant will analyse the financial viability of the project.

Eligibility criteria for tender submission include operational status for a minimum of three years among Indian firms. Qualified bidders must demonstrate an average turnover of Rs 3 million ($36,144) in the past three financial years and possess experience in managing ground-mounted solar projects exceeding 20 MW capacity. This experience should involve either a single project valued at Rs 4 million ($48,192) or two similar projects, each with a minimum value of Rs 2.5 million ($30,120).

Participation in the tender is restricted to bidders with a positive growth in net worth over the last three years.

Last July, the Cement Corporation of India issued an invitation for bids to install and commission 1 MW of grid-connected solar projects at its Bokajan factory in Assam.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..