Torrent Power Invites Bids for 200 MW FDRE Project

13 Aug 2025 CW Team

Gujarat-based Torrent Power has called for bids to develop a 200 MW firm and dispatchable renewable energy (FDRE) project with an energy storage system (ESS), offering a greenshoe option of up to 100 MW. The bidding deadline is set for 30 August 2025.

Torrent Power Ltd (TPL), a distribution licensee in Gujarat, issued the tender to serve cities including Ahmedabad, Gandhinagar, Surat, Dahej SEZ, Dholera SIR, and Mandal Becharaji SIR. The project may be established at one or multiple locations to supply the contracted renewable energy capacity to Torrent Power’s distribution arm (TPL-D).

The successful bidder must maintain a monthly demand fulfilment ratio (DFR) of at least 75 per cent during both peak and non-peak hours. Renewable power, including energy stored in an ESS charged from renewable sources, will qualify for renewable purchase obligation (RPO) compliance. The RPO will be proportionally allocated among the renewable components, following the principle applied to hybrid plants.

In the event that the average DFR during peak or non-peak hours falls below 75 per cent in any month—except in cases of force majeure—the bidder will face a penalty equal to 1.5 times the PPA tariff for the shortfall in energy units.

The tender also stipulates that up to 5 per cent of the annual renewable energy, in energy terms, must be sourced from green market platforms or bilateral agreements to meet the supply commitments outlined in the tender and PPA.

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),..