Cochin Port Trust Floats Tender for 1.5 MW Floating Solar Project

The last date to submit bids is February 2, 2025

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 The Cochin Port Trust, under the Ministry of Ports, Shipping, and Waterways, has invited bids to set up a 1.5 MW grid-connected floating solar power project at Willingdon Island Cochin Port Authority under the renewable energy service company model.

Bids must be submitted by February 2, 2025. Bids will be opened on the same day.

Bidders must submit an earnest money deposit of ₹251,000 (~$2903.14) and a performance bank guarantee of 5% of the estimated project cost.

The project’s estimated cost is ₹62.55 million (~$723,472).

Selected bidders must survey, design, engineer, manufacture, supply, erect, and commission the project. They must also provide storage and conduct civil works for the project, and provide operation and maintenance services for 25 years.

They must provide supervisory control and data acquisition facilities compatible with the project.

Successful bidders must interconnect solar power generated to the port’s 11 kV grid at the port authority’s 110 kV substation with a new 11 kV VCB panel by coupling it to the existing 11 kV bus.

They may have to install an additional 25% capacity at the port authority’s discretion.

Successful bidders must ensure a minimum capacity utilization factor of 21% and a maximum capacity utilization factor of 28%.

They must use cells and modules included in the Approved List of Modules and Manufacturers.

Bidders must use commercially established and operational technologies to minimize technology risk and achieve timely project commissioning.

The project will cover 15,000 sq m in the Vembanad backwaters near the Cochin Port Authority’s walkway avenue between the Board of Trustees junction and Willingdon Island’s Kannangatt bridge.

The project must be a 750 m long and 20 m wide single module or two segments, each 375 m long and 20 m wide.

Bidders must have had a minimum annual turnover of ₹18.7 million (~$216,290) in the last three financial years.

The Ministry of Ports, Shipping, and Waterways set a target of achieving 60% of the total power requirement in major ports through renewable energy by 2030 under the Maritime India Vision 2030.

In 2023, ILIOS Power, a Telangana-based solar project developer, won an engineering, procurement, construction, operation, and maintenance contract from Bharat Petroleum Corporation for 6.9 MW floating solar power projects in Kerala.

Subscribe to Mercom’s India Solar Tender Tracker for timely updates on all solar tenders issued by various agencies in India.

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