Terra Clean Seeks Bids for Land and Connectivity for 600 MW Solar Projects
POWER & RENEWABLE ENERGY

Terra Clean Seeks Bids for Land and Connectivity for 600 MW Solar Projects

Terra Clean, a subsidiary of Indian Oil Corporation, has issued tenders for land and connectivity approval packages for a total of 600 MW of interstate transmission system (ISTS)-connected solar power projects. These tenders are divided into two categories: one for a 300 MW captive solar project and another for a 300 MW non-captive solar project, both of which can be developed anywhere in India.

Bids for these tenders must be submitted by January 16, 2025, with the bid opening scheduled for the same day. A bid fee of Rs 20,000 is required for submission.

For the Captive Project Tender, bidders must provide an Earnest Money Deposit (EMD) of Rs 2.8 million.

For the Non-Captive Project Tender, the EMD requirement is Rs 400,000.

Further details are available on the TCIL website.

Earlier in the year, Indian Oil established Terra Clean to consolidate its green initiatives, optimize resource allocation, and enhance innovation. The subsidiary received an equity investment of Rs 13.04 billion and aims to provide a diverse portfolio of renewable energy projects, with an initial installed capacity of 1 GW.

In addition, Indian Oil’s Refineries Division recently invited bids for the annual operation and maintenance contract of the 4,360 kW rooftop solar systems at the IOCL Paradip Refinery & Township in Odisha.

In April 2024, Indian Oil issued a tender for the engineering, procurement, and construction of a 1 MW grid-connected open access captive solar power project at its Northern Region Pipelines in Kurukshetra, Haryana. The project includes one year of full operation and maintenance (O&M) services, with an additional nine years of extended O&M support.

In January 2024, IOCL invited bids for the O&M of an existing 1.1 MW solar power project at the Indane Bottling Plant in Devanagonthi village, Bengaluru Rural district, Karnataka. The project is valued at Rs 1.3 million for one year.

Terra Clean, a subsidiary of Indian Oil Corporation, has issued tenders for land and connectivity approval packages for a total of 600 MW of interstate transmission system (ISTS)-connected solar power projects. These tenders are divided into two categories: one for a 300 MW captive solar project and another for a 300 MW non-captive solar project, both of which can be developed anywhere in India. Bids for these tenders must be submitted by January 16, 2025, with the bid opening scheduled for the same day. A bid fee of Rs 20,000 is required for submission. For the Captive Project Tender, bidders must provide an Earnest Money Deposit (EMD) of Rs 2.8 million. For the Non-Captive Project Tender, the EMD requirement is Rs 400,000. Further details are available on the TCIL website. Earlier in the year, Indian Oil established Terra Clean to consolidate its green initiatives, optimize resource allocation, and enhance innovation. The subsidiary received an equity investment of Rs 13.04 billion and aims to provide a diverse portfolio of renewable energy projects, with an initial installed capacity of 1 GW. In addition, Indian Oil’s Refineries Division recently invited bids for the annual operation and maintenance contract of the 4,360 kW rooftop solar systems at the IOCL Paradip Refinery & Township in Odisha. In April 2024, Indian Oil issued a tender for the engineering, procurement, and construction of a 1 MW grid-connected open access captive solar power project at its Northern Region Pipelines in Kurukshetra, Haryana. The project includes one year of full operation and maintenance (O&M) services, with an additional nine years of extended O&M support. In January 2024, IOCL invited bids for the O&M of an existing 1.1 MW solar power project at the Indane Bottling Plant in Devanagonthi village, Bengaluru Rural district, Karnataka. The project is valued at Rs 1.3 million for one year.

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement