UREDA Floats Tender For Six Point Five MW Rooftop Solar In Uttarakhand

22 Apr 2026 CW Team

The Uttarakhand Renewable Energy Development Agency has invited bids to install six point five megawatt (MW) of rooftop and small-scale solar capacity across the state.

The programme intends to promote distributed solar systems ranging from one kilowatt (kW) to one megawatt (MW) on public and institutional buildings.

The project is divided into two regions to ensure balanced rollout, with the Kumaon Division designated as Zone I and the Garhwal Division as Zone II.

The zonal structure aims to distribute projects across varied terrain and administrative areas and to streamline procurement and logistics.

Selected bidders will carry responsibility for the full project lifecycle, including site surveys, system design, manufacturing, supply, testing, installation and commissioning.

They will be required to establish net metering arrangements and to provide a five year warranty on solar components together with five years of operation and maintenance support.

Eligibility criteria require prior experience of installing at least five megawatts (MW) of grid connected rooftop solar projects on government buildings within the last five years and valid approvals from module and inverter manufacturers.

A Class A contractor certificate from the Electrical Safety Department is mandatory and bidders must maintain at least one service centre within Uttarakhand to provide local support.

The total project cost is estimated at around Rs 406.7 million (mn) and bidders must submit an earnest money deposit of Rs six point five seven mn.

The selected contractors will provide a performance bank guarantee of five per cent of the project value and the completion timeline is 10 months.

Penalties for delay are set at zero point five per cent per week and the last date for bid submission is May eight, 2026.

Real Estate

20 May 2026

WSB Invests in Omaxe for Tier II Expansion

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-invest..

RAHSTA Awards 2026 Opens for India’s Leading Road Developers

RAHSTA (Roads and Highways Sustainable Technologies & Advancement), Asia’s leading road infrastructure platform, has officially opened nominations for the RAHSTA Awards 2026 under the Road Developers category. The awards will honour companies and organisations that are shaping India’s highway infrastructure landscape through innovation, sustainability, quality execution and efficient asset management.Scheduled alongside RAHSTA 2026 on July 8–9, 2026 at the Jio World Convention Centre, Mumbai, the awards have emerged as one of the most respected recognitions for the roads and highways..

Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn

The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..