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

26 Dec 2024 CW Team

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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

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..

Real Estate

07 Jul 2026

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..

Infrastructure Urban

07 Jul 2026

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..