TUSCO Invites Bids from Consultants for Floating Solar Projects

12 Jan 2023 CW Team

TUSCO, a joint venture (JV) between THDC India and Uttar Pradesh New and Renewable Development Agency (UPNEDA), has invited bids to appoint a consultant to prepare pre-feasibility and detailed project reports (DPR) for the development of floating solar power projects in Uttar Pradesh.

The last date for the submission of the bids is January 30, 2023, and the bids will be opened on the next day. TUSCO has set the estimated cost of the service at ₹34.2 million. Bidders have to submit an earnest money deposit (EMD) of ₹343,000. Medium and Small Enterprises are exempt from paying the EMD.

Bidders must submit a performance bank guarantee for an amount equivalent to 3% of the total contract price. They must submit a performance security equivalent to 3% of the total contract price within 30 days of the issue of the letter of award. The scope of work includes preparations of reports comprising technical and commercial analysis to understand the attractiveness, feasibility, risks, and mitigation plans related to the setting of the floating solar projects.

For the pre-feasibility report, apart from assessing all the dam reservoir sites in Uttar Pradesh, the consultant must provide the costing estimate of the development of the project at each dam and the likely range of tariffs. For each reservoir, the consultant is required to undertake single-beam and multi-beam bathymetry surveys of floating solar plant equivalent, geophysical surveys, geotechnical studies, topographic surveys, and energy yield assessments.

Also Read
JK Cement Rise on Arm Acquires 60% Stake in Acro Paints
India overtakes Japan 3rd spot among largest vehicle markets

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..