Damodar Valley Corporation Invites Bids for 234 MW Floating Solar PV Project at Maithon Dam

Representational image. Credit: Canva

The Damodar Valley Corporation (DVC) has issued a tender for the design, engineering, construction, and commissioning of a 234 MW grid-connected floating solar photovoltaic (FSPV) plant at the Maithon Dam Reservoir in Jharkhand. The project also includes a comprehensive operation and maintenance (O&M) contract for ten years.

The bidding process, conducted through the e-tendering platform, follows a single-stage, three-envelope system and includes an online reverse auction. Interested bidders can download the tender documents from December 2, 2024, with the submission deadline set for January 7, 2025. The estimated bid security or earnest money deposit (EMD) for participation is ₹10.2 crore, with a non-refundable tender document fee of ₹35,000.

Eligible bidders must demonstrate significant technical expertise, having completed cumulative ground-mounted or floating solar PV projects of at least 100 MW capacity. Financial requirements include a minimum average annual turnover of ₹408 crore over the last three years and a net worth of 100% of the paid-up share capital.

The successful contractor will be responsible for supply, installation, and testing, along with ongoing O&M services. The completion timeline for the solar project is set at 18 months from the issuance of the Letter of Award (LOA).

DVC has emphasized compliance with the government’s “Make in India” policy, requiring solar modules to be sourced from domestic manufacturers listed under the Approved List of Models and Manufacturers (ALMM).

This project aligns with DVC’s commitment to renewable energy expansion and aims to enhance the utilization of the Maithon Dam Reservoir for sustainable energy solutions.

View below document for more details:

 

  • Related Posts

    Green Energy Stocks Deliver Mixed Performance As Indian Markets End Higher (27 July 2026)

    Indian equity markets ended the trading session on a strong note, supported by broad-based buying across major indices. The benchmark S&P BSE Sensex climbed 1.05% to close at 76,861.04, while…

    Omega Bright Steel Signs PPA with LR Energy for 6 MWp Captive Solar Plant in Haryana

    Omega Bright Steel Private Limited has signed a Power Purchase Agreement (PPA) with LR Energy Panipat Private Limited for the development of a 6 MWp (DC) / 5 MW (AC)…

    Have You Seen?

    Paras Semiconductor eyes chip facility in Madhya Pradesh, India

    • July 27, 2026
    Paras Semiconductor eyes chip facility in Madhya Pradesh, India

    Saudi Red Sea Crude Exports Have Sank 41% Since March Peak

    • July 27, 2026
    Saudi Red Sea Crude Exports Have Sank 41% Since March Peak

    Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

    • July 27, 2026
    Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

    Russia’s Biggest Black Sea Oil Port Goes Quiet as Drone Threat Grows

    • July 27, 2026
    Russia’s Biggest Black Sea Oil Port Goes Quiet as Drone Threat Grows

    Oil Prices Plunge 5% After U.S. and Iran Halt Attacks

    • July 27, 2026
    Oil Prices Plunge 5% After U.S. and Iran Halt Attacks

    China’s Crude Oil Imports Surge

    • July 27, 2026
    China’s Crude Oil Imports Surge

    Japan Eyes Foreign Banks to Back $33 Billion U.S. Natural Gas Investment

    • July 27, 2026
    Japan Eyes Foreign Banks to Back $33 Billion U.S. Natural Gas Investment

    Irish Energy Distributor Agrees to $7.7 Billion Takeover by KKR-Led Consortium

    • July 27, 2026
    Irish Energy Distributor Agrees to $7.7 Billion Takeover by KKR-Led Consortium

    European Natural Gas Prices Plunge 8% as U.S.-Iran Tensions Ease

    • July 27, 2026
    European Natural Gas Prices Plunge 8% as U.S.-Iran Tensions Ease

    Linde expands low-carbon power push as industry faces soaring electricity demand

    • July 27, 2026
    Linde expands low-carbon power push as industry faces soaring electricity demand