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  • L&T well positioned to win 4 GW orders from NTPC in Q3, says management

    As part of the tenders floated by NTPC, the company that has emerged as lowest bidder for the three project would be offered to complete two projects while the second-lowest bidder would be offered to complete the third project at the price bid by the lowest bidder

  • SpiceJet's Ajay Singh, Busy Bee raise bid for Go First to Rs 1,800 crore

    SpiceJet's Ajay Singh, Busy Bee raise bid for Go First to Rs 1,800 crore

    The Ajay Singh-Nishant Pitti consortium has also proposed to increase its upfront payment to around Rs 500 crore, from around Rs 290 crore earlier, said a source.

  • Viability Gap Funding (VGF) of Rs 6,800 crore likely for offshore wind projects: Govt sources

    Viability Gap Funding (VGF) of Rs 6,800 crore likely for offshore wind projects: Govt sources

    In the 50 GW-per year trajectories set out for bidding of renewable energy (RE) projects, the government has also exclusively mentioned that bids of 10 GW have to be from wind energy every year.

  • Timely commissioning of renewable projects key for India to achieve NDC targets: Govt

    Timely commissioning of renewable projects key for India to achieve NDC targets: Govt

    Experts suggest that government must scale up tendering activity for RE projects along with timely signing of PPAs, easing of execution challenges mainly related to land, augmenting transmission infrastructure, and development of domestic manufacturing ecosystem for renewable OEMs.

  • Only four firms submit bids for redevelopment of Mumbai's CSMT station

    Only four firms submit bids for redevelopment of Mumbai's CSMT station

    The likes of Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP and Assystem Stup that earlier bid for the project have dropped out.

  • India to annually invite bids for 8 gw wind power projects to 2030-govt order

    India to annually invite bids for 8 gw wind power projects to 2030-govt order

    The bidding model has been modified from electronic reverse bidding where the participants reduce their offer price to bag the contracts based on the lowest bid. The auction model had led to an artificial lowering of prices.

  • BCCI invites bids to own Women's Indian Premier League teams

    BCCI invites bids to own Women's Indian Premier League teams

    "Board of Control for Cricket in India (BCCI) announces the release of Invitation to Tender for the right to own and operate a team in Women's Indian Premier League," the board said in a statement.

  • Govt extends deadline for bidding in commercial coal mines' auction till Jan 13

    Govt extends deadline for bidding in commercial coal mines' auction till Jan 13

    The biggest tranche of 141 mines covering eleven coal-bearing states are being offered in the sixth round of commercial coal mine auction.

  • Srei group receives two resolution plans

    Srei group receives two resolution plans

    Srei Infrastructure Finance Limited and Srei Equipment Finance Limited are undergoing a resolution process under the Insolvency and Bankruptcy Code.

  • Govt receives 38 technical bids for setting up silos at 14 locations

    Govt receives 38 technical bids for setting up silos at 14 locations

    Technical evaluation is expected to be completed in three-four weeks, the union food ministry said in a statement.

  • Antitrust raids: Apollo Tyres says in compliance with competition laws

    Antitrust raids: Apollo Tyres says in compliance with competition laws

    The offices of Apollo Tyres, Ceat and Continental AG were raided by CCI on March 30 for alleged unfair trade practices and rigging of bids

  • Railways plans grievance redressal panel, easier investment norms for private train operators

    Railways plans grievance redressal panel, easier investment norms for private train operators

    A fresh round of bidding is set to open soon with investor-friendly conditions after the first round was scrapped owing to poor response.

  • Jaypee Infratech case: Revised bids submitted by NBCC and Suraksha Group discussed at 23rd CoC meeting; Next CoC on June 10

    Jaypee Infratech case: Revised bids submitted by NBCC and Suraksha Group discussed at 23rd CoC meeting; Next CoC on June 10

    IRP confirms that Suraksha Group submitted its bid just before the commencement of the CoC meeting on June 7.

  • Jaypee Infratech case | NBCC submits revised bid, Suraksha Group seeks seven days' extension, say sources

    Jaypee Infratech case | NBCC submits revised bid, Suraksha Group seeks seven days' extension, say sources

    The two plans would be discussed at the 23rd committee of creditors (CoC) meeting to be held on June 7

  • Why traditional electric utilities are not building green energy projects with gusto

    Why traditional electric utilities are not building green energy projects with gusto

    Pure play renewable energy firms backed by foreign institutional investors often win big in renewable energy auctions

  • It's a relief for investors that telcos haven't paid high prices for spectrum this time

    It's a relief for investors that telcos haven't paid high prices for spectrum this time

    Industry leaders Reliance Jio and Bharti Airtel enhanced their spectrum holdings, purchasing more than their renewal requirements

  • Bullet train project: NHSRCL opens technical bids for Mumbai-Ahmedabad high speed corridor

    Bullet train project: NHSRCL opens technical bids for Mumbai-Ahmedabad high speed corridor

    Technical bids were opened for two packages – procurement and fabrication, and design and construction, of the Mumbai-Ahmedabad High Speed Rail Corridor

  • Govt invites bids for BPCL, to sell full 52.98% stake in company

    Govt invites bids for BPCL, to sell full 52.98% stake in company

    Expressions of Interest (EoI) for the strategic sale of BPCL were invited by May 2. Last date for investor queries is April 4

  • Editor's Take | Setback in Jet Airways insolvency

    Editor's Take | Setback in Jet Airways insolvency

    According to sources, the two partners differ over funding of the bid.

  • Stake in frequent flyer scheme key attraction for potential Jet Airways bidders

    Stake in frequent flyer scheme key attraction for potential Jet Airways bidders

    Lenders expect an attractive valuation for Jet Privilege, which has remained profitable despite the crisis at the airline. Jet Privilege’s customer base has jumped from 7.3 million to 9 million in the past year

  • Etihad Airways confirms bid for Jet Airways, subject to conditions

    Etihad Airways confirms bid for Jet Airways, subject to conditions

    UAE-based carrier has been working with key stakeholders in India for the past 15 months to help find a solution to ensure Jet's return as a viable and competitive airline.

  • Bhushan Steel bids to open today; JSW Steel, Tata Steel, Bhushan employees in fray

    Bhushan Steel bids to open today; JSW Steel, Tata Steel, Bhushan employees in fray

    Bids will be forwarded to the Committee of Creditors, who will take a final call

  • Delhi HC upholds govt decision to cancel JSPL coal block bids

    Delhi HC upholds govt decision to cancel JSPL coal block bids

    In a setback to Jindal Steel and Power (JSPL), the Delhi High Court has upheld the decision of the government to cancel Jindal Power's bid for the Gare Palma and Tara blocks.

  • Hind Copper share sale: Institutions put in Rs 500 cr bids

    Hind Copper share sale: Institutions put in Rs 500 cr bids

    State-owned Hindustan Copper's share sale today garnered 1.56 times subscription, totalling Rs 500 crore, with most of the bids coming from LIC and mutual funds.

  • Thyrocare IPO sees strong demand, gets oversubscribed 73 times

    Thyrocare IPO sees strong demand, gets oversubscribed 73 times

    The Rs 479.21-crore IPO received bids for 55.25 crore shares against the total issue size of 75,21,297 shares, as per data available till 1900 hrs.

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