Tenders for Kerala waste-to-energy plant floated
WATER & WASTE

Tenders for Kerala waste-to-energy plant floated

The Kerala State Industrial Development Corporation (KSIDC) has refloated tenders for the centralised waste-to-energy plant of 300 tonnes per day capacity to be implemented on public-private partnership (PPP) mode at Brahmapuram.

Tenders were refloated after one of the two consortiums that had submitted technical and financial bids failed to qualify, as per the evaluation done by the committee constituted by the government.

The committee found that the consortium did not meet the minimum eligibility requirements as prescribed in the request for proposal issued by KSIDC. In such a scenario, a re-tender has to be initiated and fresh bids have to be invited, according to an order issued by the Finance Department. The bid evaluation committee can approve the technical bid of the qualifying firm even if the other failed to clear the test in the refloated tender proceedings.

The terms and conditions in the refloated tenders remain the same. The last date for submitting bids is January 23. Technical evaluation and presentation by bidders will be held on January 28. The price bid is likely to be opened on January 29. KSIDC plans to issue the letter of intent within eight weeks of opening the financial proposal.

The plant will be set up based on Design-Build-Finance-Operate-Transfer (DBFOT) mode for the Ernakulam cluster of local bodies. The cluster includes the Kochi Corporation and the municipalities of Thrikkakara, Thripunithura, Kalamassery, Eloor, Maradu, Aluva, Perumbavoor, Angamaly, North Paravur, Muvattupuzha, Kothamangalam, Piravom, and Koothattukulam.

The firm to be chosen for the execution of the project in 20 acres at Brahmapuram will have powers to mortgage the leasehold rights over the said area for raising funds for the initiative. The government had already asked the Secretary, Kochi Corporation, to hand over land to KSIDC on lease basis. KSIDC will sub-lease the land to the firm for 27 years, with permission to mortgage the leasehold rights for raising funds only for the project.

The Kerala State Industrial Development Corporation (KSIDC) has refloated tenders for the centralised waste-to-energy plant of 300 tonnes per day capacity to be implemented on public-private partnership (PPP) mode at Brahmapuram.Tenders were refloated after one of the two consortiums that had submitted technical and financial bids failed to qualify, as per the evaluation done by the committee constituted by the government.The committee found that the consortium did not meet the minimum eligibility requirements as prescribed in the request for proposal issued by KSIDC. In such a scenario, a re-tender has to be initiated and fresh bids have to be invited, according to an order issued by the Finance Department. The bid evaluation committee can approve the technical bid of the qualifying firm even if the other failed to clear the test in the refloated tender proceedings.The terms and conditions in the refloated tenders remain the same. The last date for submitting bids is January 23. Technical evaluation and presentation by bidders will be held on January 28. The price bid is likely to be opened on January 29. KSIDC plans to issue the letter of intent within eight weeks of opening the financial proposal.The plant will be set up based on Design-Build-Finance-Operate-Transfer (DBFOT) mode for the Ernakulam cluster of local bodies. The cluster includes the Kochi Corporation and the municipalities of Thrikkakara, Thripunithura, Kalamassery, Eloor, Maradu, Aluva, Perumbavoor, Angamaly, North Paravur, Muvattupuzha, Kothamangalam, Piravom, and Koothattukulam.The firm to be chosen for the execution of the project in 20 acres at Brahmapuram will have powers to mortgage the leasehold rights over the said area for raising funds for the initiative. The government had already asked the Secretary, Kochi Corporation, to hand over land to KSIDC on lease basis. KSIDC will sub-lease the land to the firm for 27 years, with permission to mortgage the leasehold rights for raising funds only for the project.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?