Western Coalfields Seeks Bids for 1.3 MW Rooftop Solar Systems

12 Mar 2025 CW Team

Western Coalfields, a subsidiary of Coal India, has invited bids for the installation of 1.343 MW rooftop solar systems across its residential and non-residential buildings. The last date for bid submission is April 10, 2025, with bids set to open on April 12.

The project, estimated at Rs 60.03 million, must be completed within 180 days of receiving the work order, and the installer will handle maintenance for five years following a one-year warranty period. Bidders must provide an earnest money deposit of Rs 750,400, and the winning bidder must submit 5% of the contract amount as performance security within 21 days of the letter of intent.

To qualify, bidders must have completed similar projects valued at 40%, 50%, or 80% of the estimated work cost in the last seven years and must demonstrate an average annual turnover of at least 30% of the project cost over the past three years. The solar systems must achieve a minimum capacity utilisation factor of 17%.

Delays beyond the agreed commissioning date will incur a penalty of 0.5% of the contract amount per week, capped at 10% of the total contract value. This move follows similar solar project bids by South Eastern Coalfields and the Central Mine Planning and Design Institute.

(Mercom)

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..