Telangana Seeks DPR for 56 MW Solar Projects

22 Feb 2025 CW Team

The Telangana Power Generation Corporation (TGGENCO) has invited bids to prepare a detailed project report (DPR) for solar projects with a combined capacity of 56 MW. The bid submission deadline is March 21, 2025, with openings scheduled on the same day. The estimated contract value is Rs 1.3 million.

Bidders must provide a transaction fee of 0.03% of the contract value, capped at Rs 10,000 for works up to Rs 500 million, and Rs 25,000 for projects exceeding that amount. They must also submit a 2.5% security deposit, an earnest money deposit of Rs 6,480, and a fixed deposit of Rs 250,000. Additionally, successful bidders must contribute a 0.04% corpus fund of the contract value, with similar caps applied.

The project scope includes a 15 MW floating solar plant at Yadadri Thermal Power Station, a 28 MW ground-mounted solar project at Kakatiya Thermal Power Project, and a 13 MW floating solar plant on the Kakatiya Thermal Project’s raw water reservoir.

Eligible bidders must have prior consultancy experience in feasibility studies and DPR preparation, with a track record of executing at least one floating solar and one ground-mounted solar project in India over the past five financial years. A minimum annual turnover of Rs 388,800 for two of the last three years is also required.

Last month, Telangana finalised its renewable energy policy for 2025, targeting 20,000 MW of renewable energy and storage capacity by 2030. In 2024, the Northern Power Distribution Company of Telangana issued tenders for 3 MW ground-mounted solar projects in Karimnagar and Sircilla, set for completion within six months.

(Mercom)

Image source: telanganatoday

Infrastructure Urban

06 Apr 2026

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..

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..

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..