CIAL Infrastructures is a fully-owned subsidiary of Cochin International Airport Ltd (CIAL). The capacity consists of both ground-mount and rooftop solar projects.
An official at CIAL Infrastructures Ltd. confirmed that Sterling & Wilson emerged as the lowest bidder by quoting ₹349 million (~$5.5 million) to develop 7.5 MW grid-connected solar photovoltaic (PV) project and ₹158 million (~$2.5 million) to develop 2.4 MW of grid-connected rooftop solar on the roof of carport.
In all, six firms participated in the financial bidding for 7.5 MW ground-mount projects and five agencies participated in the financial bidding for 2.4 MW rooftop solar project, the CIAL Infrastructures Ltd. official added.
The 7.5 MW of grid-connected solar projects will be developed at five different locations of the Cochin International Airport premises and 2.4 MW grid-connected rooftop solar project on the roof of carport. The project completion time-frame is six months for the rooftop solar project and five months for the ground-mount solar project.
CIAL Infrastructures Ltd., had estimated the project cost to be approximately ₹510 million (~$7.9 million) for the entire 9.9 MW. CIAL had tendered the capacity in November 2017.
Image credit: CIAL Infrastructures Ltd
Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.