RITES floats tender for developing 400 MW solar capacity on vacant railway land

Engineering consultancy firm RITES Limited plans to tender 400 MW of solar power projects, which will be set up on vacant land owned by Indian Railways. The project will be developed under the capital expenditure model and will be completed by the developer over a period of 420 days. Interested bidders will be required to submit an earnest money deposit of Rs 400,000 per MW of bid capacity. The last date for the submission of bids is September 16, 2020.

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