Daily News Wrap-Up: Telangana DISCOM Tenders 3 MW Solar Projects
NTPC Green Energy’s IPO oversubscribed 2.5 times
November 25, 2024
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Northern Power Distribution Company of Telangana has issued two tenders for 3 MW ground-mounted solar power projects in Karimnagar and Sircilla districts. The last date to submit bids for both tenders is December 12, 2024. Bids will be opened on December 13, 2024. The project must be completed within six months. Bidders must pay a bid security of 2% of the bid amount. Bidders must pay a transaction fee of 0.03% on estimated contract value (ECV) up to ₹500 million (~$5.91 million) plus GST. In addition, the successful bidder must pay 0.04% of ECV with a cap of ₹10,000 (~$118.371) as a corpus fund.