E-bidding

MoRTH tightens HAM norms; 25% of developers may be barred from bidding

Crisil says revised financial and technical norms for HAM projects could restrict 25 per cent of current developers, with stricter net worth and execution track record criteria

Adani group leads race to acquire Jaiprakash Associates with ₹12,500 cr bid

Rival bidder Dalmia group is also in the fray and is willing to top Adani's offer - provided a key legal hurdle related to JAL's Sports City project is resolved

Powergrid acquires Bidar Transco for Rs 6.52 cr under tariff-based bidding

Power Grid Corporation of India (Powergrid) on Tuesday said it was acquiring Bidar Transco Ltd (BTL) after being selected as a successful bidder under a tariff-based competitive bidding (TBCB). REC Power Development and Consultancy Ltd (RECPDCL), and arm of REC Ltd, acted as the bid coordinator, Powergrid said in an exchange filing. On the objectives behind the acquisition, it said BTL is engaged in the same business as that of Powergrid. BTL has been acquired for an aggregate value of about Rs 6.52 crore, including 50,000 equity shares at par at Rs 10 each, along with assets and liabilities of BTL as on the acquisition date (18.02.2025). However, the acquisition price is subject to adjustment as per the audited accounts of BTL as on the acquisition date.

Competitive bidding must be followed in defence procurement: Rajnath Singh

"Of course, there would be some rare cases when it may not be possible to go for an open tender process. However, such instances should come under exceptions and exceptions should not become the rule"

Journey towards strong governance a work in progress: Deepak Parekh

The ultimate objective is that corporate governance systems must become simpler; not more complicated, Parekh said

Panel led by cabinet secy seeks more info on Central Electronics sale

Privatisation of state-owned firm held up after money laundering case against top bidder

BCCI plans e-bidding for new IPL teams on October 17, buy sides till Oct 5

The BCCI is planning to have an e-bidding for the two new IPL teams on October 17 and the bids to buy the sides can be made till October 5.

Centre plans PSU land sale worth more than Rs 600 crore via e-bidding

Parcels worth more than Rs 600 crore may be sold via new platform

Olectra Greentech emerges as lowest bidder for supply of 100 e-buses

A consortium of Electric bus manufacturer Olectra Greentech and its sister concern Evey Trans Pvt Ltd has emerged as the least quoted bidder for the supply of 100 electric buses. "...Consortium of Evey Trans Pvt Ltd (EVEY) and Olectra Greentech Ltd has been declared as least quoted (L-1) bidder for another 100 electric buses (for Inter-City Operations) by one of the State Transport Corporation under the FAME-I1 scheme of Government of India," Olectra Greentech said in a regulatory filing on Monday. Olectra Greentech said once the letter of award is received for 100 electric buses, Evey will procure these electric buses from Olectra Greentech Ltd and deliver them over a period of 10 months. "Value of this tender is approximately Rs 250 crore to the company," Olectra Greentech said. Shares of Olectra Greentech were trading 4.97 per cent higher at Rs 187.85 apiece on BSE.

Govt grants pricing, marketing leeway to gas producers, allows e-bidding

Move will help in bringing at least 40 mmscmd of natural gas from Krishna Godawari basin alone

BSE to provide non-competitive bidding facility in SDLs to retail investors

The Reserve Bank of India (RBI) in its various measures to encourage retail participation has extended access to primary auctions to SDLs.

E-bidding: Govt to explore English auction system for disinvestment

Currently, disinvestment of state-owned entities happens through a manual process in which an interested bidder submits a sealed bid

Bidding for small gas fields from Thursday

Global firms are likely to participate in bidding for 67 blocks with 85 million tonne reserves worth Rs 77,000 crore