UP issues bids for 500 MW solar park along Bundelkhand expressway
POWER & RENEWABLE ENERGY

UP issues bids for 500 MW solar park along Bundelkhand expressway

The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has called for bids from solar power developers to establish a 450-500 MW solar park along the Bundelkhand Expressway, utilizing a build-own-operate model. The deadline for bid submissions is November 15, 2024, with bid openings scheduled for November 18.

The designated land for the solar project, which stretches 15-20 meters on both sides of the 296.07 km expressway, encompasses slope and loop areas near major junctions, totaling approximately 1,700 hectares. Bidders are required to submit proposals for a minimum capacity of 50 MW.

The project agreement will be valid for 25 years from the commercial operation date. Interested bidders must pay a document fee of ?11,800 ($140) and an earnest money deposit of ?500,000 ($5,948) per MW. Successful bidders will also need to provide a performance bank guarantee of ?1.5 million ($17,843) per MW.

Prospective bidders are encouraged to visit the project site to assess conditions, access routes, and the availability of essential utilities for construction. They should also familiarize themselves with relevant laws, regulations, and other factors that could affect their bids, including potential risks.

To be eligible, bidders must not have been blacklisted by any government agency or found guilty of serious fraudulent practices. They are required to use commercially established and operational technologies to mitigate risks and ensure timely project completion.

Bidders must demonstrate a net worth of at least ?10 million ($118,949) per MW of contracted capacity and an average annual turnover of at least ?15 million ($178,428) per MW over the past three financial years.

Previously, UPEIDA also invited bids for the establishment of public charging stations along the state’s expressways through a public-private partnership.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has called for bids from solar power developers to establish a 450-500 MW solar park along the Bundelkhand Expressway, utilizing a build-own-operate model. The deadline for bid submissions is November 15, 2024, with bid openings scheduled for November 18. The designated land for the solar project, which stretches 15-20 meters on both sides of the 296.07 km expressway, encompasses slope and loop areas near major junctions, totaling approximately 1,700 hectares. Bidders are required to submit proposals for a minimum capacity of 50 MW. The project agreement will be valid for 25 years from the commercial operation date. Interested bidders must pay a document fee of ?11,800 ($140) and an earnest money deposit of ?500,000 ($5,948) per MW. Successful bidders will also need to provide a performance bank guarantee of ?1.5 million ($17,843) per MW. Prospective bidders are encouraged to visit the project site to assess conditions, access routes, and the availability of essential utilities for construction. They should also familiarize themselves with relevant laws, regulations, and other factors that could affect their bids, including potential risks. To be eligible, bidders must not have been blacklisted by any government agency or found guilty of serious fraudulent practices. They are required to use commercially established and operational technologies to mitigate risks and ensure timely project completion. Bidders must demonstrate a net worth of at least ?10 million ($118,949) per MW of contracted capacity and an average annual turnover of at least ?15 million ($178,428) per MW over the past three financial years. Previously, UPEIDA also invited bids for the establishment of public charging stations along the state’s expressways through a public-private partnership.

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?