NTPC Green Energy to Raise Up to Rs. 9,000 Crore Term Loan, CREST Invites Bids for 4 MW Canal Top Solar Project And Much More..

The MAHARASHTRA STATE ELECTRICITY DISTRIBUTION COMPANY LIMITED (MSEDCL) is seeking bids for the procurement of 250 MW of decentralised #solarprojects under Component-A of the PM-KUSUM program to be developed in the state. The ceiling tariff for the projects has been set at ?3.30/kWh. The deadline for submitting bids is March 15, 2023.Interested bidders are required to furnish an earnest money deposit of ?10 lakhs/MW and a performance bank guarantee of ?10 lakhs/MW within 30 days of the issuance of the work order.

Cleantech Solar , a leading provider of #renewableenergy solutions to corporations in India and Southeast Asia, has commissioned 37 MWp of #solarphotovoltaic (PV) projects for a global industrial manufacturing giant at its solar parks across Maharashtra with a total capacity of 300 MWp. Power will be procured by the client from these #solarparks on a captive basis, providing green energy to their manufacturing facilities in the state.?

Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST) has issued an invitation for bids to implement a 4 MW grid-connected #solarpower project on top of a canal in Sarangpur, Chandigarh. The project includes designing, manufacturing, supplying, erecting, testing, commissioning, and maintenance for ten years. The estimated cost of the project is ?25.6 crores, and the last date to submit bids is March 6, 2023, with bids opening the next day

Engineers India Limited (EIL), a government-run company, has issued a tender inviting bids from domestic and foreign companies that supply Concentrated Solar Technology (CST) systems for balance of project services. The bidding process closes on March 7, 2023, and bids will be opened on March 9.The scope of work encompasses civil and structural work, turbine package, and the entire utility systems consisting of cooling tower, water block, effluent treatment, instrument and plant air system, and electrical and instrumentation systems.

NTPC Green Energy Ltd. (NGEL), a subsidiary of NTPC, is seeking bids for a term loan of up to ?9,000 crore in Indian rupees.The funds will be used to repay outstanding debt of ?8,200 crore to NTPC, along with interest, by March 31, 2023, and to cover additional debt liabilities and capex payments for projects yet to achieve full commercial operations.NGEL was established by NTPC in April 2022 to consolidate its #renewableenergy operations and pursue sustainable energy initiatives.