Delhi Metro Invites Bids For 500 Million Units Of Green Power

14 Oct 2025 CW Team

In a significant step towards sustainable urban transport, the Delhi Metro Rail Corporation (DMRC) has invited bids to procure 500 million units of renewable energy annually to power its operations, officials announced on Sunday.

According to a statement, DMRC aims to select a solar power developer to establish a grid-connected captive generating plant, complete with a battery energy storage system (BESS), at any location within India. The energy generated will be supplied to DMRC under a 25-year power purchase agreement, with the project slated for completion within 15 months of award.

At present, Delhi Metro meets around 33 per cent of its total power demand from renewable sources. It procures approximately 350 million units annually from the Rewa Solar Park in Madhya Pradesh and produces about 40 million units from rooftop solar installations across stations, depots, and residential complexes.

During daytime operations, the share of renewable energy rises to nearly 65 per cent. With this new initiative, DMRC aims to raise the overall share of renewables in its total energy mix to over 60 per cent, including the requirements for its upcoming Phase IV expansion.

“If achieved, Delhi Metro will become the first metro system in India to source more than half of its total power from clean energy,” the statement noted.

This initiative forms part of DMRC’s broader strategy to support India’s transition towards sustainable and low-carbon urban transport systems. It also aligns with the government’s ‘Panchamrit’ climate action commitments announced at the COP26 summit, reinforcing efforts to promote renewable energy integration across key infrastructure sectors.

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..