Terra Clean Invites Bids For 300 MW Solar Project In Morena

22 Aug 2025 CW Team

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, has floated a request for proposal (RfP) for land aggregation to develop an interstate transmission system (ISTS)-connected 300 MW solar project in Morena, Madhya Pradesh. The site is located near the 220 kV Morena ISTS substation.

The tender also carries a greenshoe option for an additional 300 MW capacity. Bids must be submitted by 10 September 2025 and will be opened on the same day. An earnest money deposit (EMD) of Rs 853,134 must be submitted through a bank guarantee.

The scope of work covers land aggregation and related activities required for the development of solar projects close to the designated ISTS substation. Successful bidders will be required to complete the projects within nine months from the commencement order.

Eligibility criteria require bidders to have prior experience in land aggregation for solar, wind, or hybrid projects with a cumulative capacity of at least 20 MW, including one project of 10 MW or more, or land aggregation of at least 70 acres for industrial, logistics, warehousing, or renewable projects, including one project of at least 35 acres.

Financial requirements include a positive net worth of at least 100 per cent of paid-up share capital, with individual companies maintaining a minimum of 75 per cent. The minimum annual turnover requirement is Rs 203.5 million in any of the last five financial years.

Earlier this year, Terra Clean invited bids for land, power evacuation, and balance of plant packages for a 275 MW wind project. In May, Indian Oil approved an additional equity investment of Rs 10.86 billion in Terra Clean to support the development of 4.3 GW of renewable capacity, in addition to the previously approved 1 GW. Terra Clean was incorporated in March 2023.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..