Tenders

K-RIDE (Rail Infrastructure Development Company [Karnataka] Limited), a joint venture of the Karnataka government and Union Ministry of Railways executing Bengaluru suburban rail project, has invited fresh tenders for Mallige Line (Benniganahalli to Chikkabanawara) in three packages.

Bengaluru suburban rail: After L&T’s exit, K-RIDE to invite fresh tenders for two corridors

K-RIDE to invite fresh tenders for balance civil works of Corridor-2 (Mallige Line between Benniganahalli and Chikkabanawara) in three packages

India's green ammonia drive hits the first speed bump

Producers are concerned about commercial viability due to the capex-intensive nature of the business, which results in low profitability. The government can somewhat address this by doubling the offtake period to 20 years.

Bengaluru’s Satellite Town Ring Road on track; NHAI floats Rs 4,750-crore tender

The National Highways Authority of India (NHAI), which is executing the project, has floated tenders for five packages for the Satellite Town Ring Road-West section (STRR- West).

Govt to invite tender for Great Nicobar transhipment hub by July as part of 100-day plan for ports ministry

The Great Nicobar Island project is a Rs 75,000 crore mega project to be implemented at the southern end of the Andaman and Nicobar islands.

IOCL tweaks tender norms for maiden green hydrogen plant, but what are the revisions? MC Explains

A legal dispute prompted IOCL to reissue the tender for the green hydrogen plant last month, removing the controversial right of first refusal clause. However, potential bidders said that IOCL also introduced changes to the eligibility criteria, making it difficult for them to place bids.

Indian Oil relaunches green hydrogen plant tender, addresses industry concerns

The newly launched tender for the nation's largest green hydrogen plant removed the controversial clause which the some bidders labelled as discriminatory. However, the new norms have a stricter qualification criteria.

Government working on guidelines for use of drone services in public sector

At a recent meeting, the Centre and the Niti Aayog directed stakeholders to come up with draft guidelines for the empanelment of drone startups and a model Request for Proposal draft

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.

Quality of infrastructure to improve with adoption of QCBS method for procurement: Experts

Another significant reform in the October 29 guidelines by the government deals with delay in payments to contractors. As per the guidelines, 75 percent of the running bill should be released in 10 working days and the balance 25 percent within 28 working days.

Railway Ministry working to roll out new set of private train tenders by February: Sources

Last year, when Indian Railways invited bids to operate private trains on its network, only two entities had evinced interest at the financial bidding stage

RITES wins two orders worth Rs 1,741 crore for railway electrification

The projects are part of the government’s plan to complete electrification of the country’s rail tracks by 2024 and reduce dependence on fossil fuels

NMRC floats tenders for playing curated music at Aqua Line stations

Another tender is for co-branding rights along with outdoor and indoor advertisements for 13 stations of the Aqua Line connecting Noida and Greater Noida

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 issues guidelines for award of shipbuilding tenders

Government today said it has issued guidelines for award of tenders for shipbuilding and repair works for PSUs and departments under which Indian shipyards will be granted 'right of first refusal' to enable them to compete with foreign players.

Eligible MSMEs ignored in Railway Tenders?

Despite the government‘s clear instruction to follow the mandatory 20% procurement policy from the Micro, Small and Medium Enterprises (MSMEs), some of the big departments like Railways are allegedly flouting the norms ignoring repeated requests made by the small entrepreneurs to include them in the tenders

Transformers & Rectifiers sees order book at Rs 850 cr by April

Transformer & Rectifiers looks to bag deals from Power Grid as well, says Jitendra Mamtora, chairman of Transformers and Rectifiers India.

Will bid on 6 projects this Dec via Hunan JV: RPP Infra

At present the company is planning to bid on six projects, starting from December 2015, after Hunan completes the project analyzation.

Stalled rail projects reviving; focus to be on EPC: Texmaco

Talking to CNBC-TV18, Vijay says that the main focus is on developing railway infrastructure. Engineering, procurement, construction (EPC) projects will be the most profitable in future, he adds.

India eyes wheat exports, but cheap Europe supply a hurdle

India could sell around 2 million tonnes of wheat between February and July to Asian buyers as Russian supply dries up, traders and officials said

Rajasthan govt scraps tenders of BHEL worth Rs 12000cr

Rajasthan government scraps tenders worth Rs 12000 crore of Bharat Heavy Electricals (BHEL), reports CNBC-TV18.

Current order book stands at Rs 1,100 crore: PBA Infra

In an interview to CNBC-TV18, Ramlal Wadhwan, chairman managing director of PBA Infrastructure says, at present, the company has an order book of about Rs1,100 crore.

Govt allocation to be awarded in Nov-Dec: Titagarh Wagons

In an interview to CNBC-TV18, Umesh Choudhary, managing director of Titagarh Wagons says the the government likely to allocate the long declared 15,000 tenders anytime in November or December.