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
Real Estate

Häfele Opens Appliances Studio in Kochi

Häfele has expanded its presence in Kerala with the launch of a new Appliances Studio in Kochi, strengthening access to its premium appliance portfolio in the region. The move is aimed at bringing the brand’s integrated kitchen and appliance solutions closer to customers in the Kochi market. Spread across 2,000 sq ft, the studio is positioned among the largest appliance galleries in Kerala. The space has been designed to offer an immersive customer journey, with a live kitchen setup and functional display zones that present appliances in real-use environments. The studio showcases buil..

Next Story
Real Estate

MAIA Estates Launches ‘The Seven’ in South Bengaluru

MAIA Estates has recently announced the launch of ‘The Seven’, a premium residential development in Basavanagudi, South Bengaluru. The project comprises twin towers across a 3.67-acre site, offering 128 exclusive 4 BHK+ residences spread over 36 storeys, with a total saleable area of around 6,00,000 sq ft. Completion is targeted by 2029.Developed under a joint development agreement, the project is backed by Rs 1.2 billion in institutional funding from Arnya Real Estate Fund – Debt. The launch marks the company’s entry into South Bengaluru, a micro-market characterised by limited premiu..

Next Story
Real Estate

MAIA Estates Launches ‘The Seven’ in South Bengaluru

MAIA Estates has recently announced the launch of ‘The Seven’, a premium residential development in Basavanagudi, South Bengaluru. The project comprises twin towers across a 3.67-acre site, offering 128 exclusive 4 BHK+ residences spread over 36 storeys, with a total saleable area of around 6,00,000 sq ft. Completion is targeted by 2029.Developed under a joint development agreement, the project is backed by Rs 1.2 billion in institutional funding from Arnya Real Estate Fund – Debt. The launch marks the company’s entry into South Bengaluru, a micro-market characterised by limited premiu..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement