The Travancore Cochin Chemicals (TCC) has invited bids for a consultant to suggest various means of optimizing the power cost and conduct a viability study for green power project models.

The study’s broad objective is to suggest ways to optimize the power cost of TCC by setting up power projects producing green energy through various models with their cost-benefit analysis and sourcing of cheap conventional and non-conventional power through other suitable means like bilateral agreements of suitable duration with cost-benefit analysis.

The last date to submit the bids is May 29, 2023. Bids will be opened the following day.

Bidders will have to submit ₹25,000 (~$304) as an earnest money deposit. The successful bidder must furnish an amount equivalent to 5% of the contract’s total value within 14 days from the intimation of acceptance of the tender by the company.

The consultant has to develop the most efficient and viable models for sourcing cheap power, including setting up non-conventional power projects through various models of implementation and financing.

To be eligible, bidders should have conducted at least one similar study related to sourcing and optimizing power costs for any state electricity boards or companies and should have completed a feasibility study of non-conventional power projects of at least 10 MW capacity.

The bidder should be a government agency and empaneled with the state electricity boards, central or state government electricity companies, government agencies in the power sector, electricity regulatory commissions, or public sector undertakings in the power sector.

Also, bidders should have an annual turnover of ₹5 million (~$60,780) during the last two financial years.

Recently, the Kerala government’s Agency for New and Renewable Energy Research and Technology invited bids for 2 MW solar projects at multiple locations of the Travancore Titanium Products company campus at Kochuveli, Thiruvananthapuram.

Out of the cumulative capacity, 1.5 MW will be ground-mounted, and 500 kW of solar systems will be installed on the rooftop of various buildings within the campus.

Earlier, the Kerala State Electricity Board had invited bids to empanel solar developers to set up 100 MW of grid-connected rooftop and ground-mounted projects.

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