The Fertilisers and Chemicals Travancore Limited (FACT), a Government of India enterprise based in Ernakulam, Kerala, has invited online bids for the development of a 6 MW AC grid-connected floating solar photovoltaic (PV) power project. The project will be developed under the Build-Own-Operate-Transfer (BOOT) model and will be located at Ambalamedu Lake within FACT’s Cochin Division in Kerala.
According to the tender notice, the selected solar power developer will be responsible for the design, engineering, procurement, construction, operation, and maintenance of the floating solar power plant. The developer will also supply the electricity generated from the project to FACT for a period of 25 years. After the completion of the 25-year operating period from the Commercial Operation Date (COD), the entire solar power plant must be transferred to FACT in good working condition.
The bidding process will be conducted through the Central Public Procurement (CPP) portal using a two-part tender system. The first stage consists of the Techno-Commercial Bid, while the second stage includes the Price Bid. FACT has clarified that bids must be submitted only through the online e-tendering platform. Physical submissions or bids sent through email will not be accepted under any circumstances.
As part of the tender requirements, all bidders must sign and submit an Integrity Pact along with their techno-commercial bid. The document must be provided on plain white paper and submitted as part of the online bid package. This requirement is aimed at ensuring transparency and fairness throughout the procurement process.
FACT has also announced key dates related to the tender. A pre-bid meeting will be conducted through Google Meet video conferencing on June 26, 2026, at 2:00 PM. This meeting will provide an opportunity for interested bidders to seek clarifications regarding the project and tender conditions. The bids will be opened on July 13, 2026, at 2:00 PM. Additionally, all submitted bids must remain valid for a period of 180 days from the date of submission.
The tender requires bidders to submit an Earnest Money Deposit (EMD) of INR 1 lakh. The EMD can be paid through RTGS or NEFT transfer, or in the form of a Bank Guarantee issued by a nationalized or scheduled bank in India. While the tender includes provisions for a Performance Bank Guarantee (PBG), the detailed value and related conditions are provided in the Request for Selection (RFS) and contract documents. Interested developers can access the complete tender documents through the official FACT website and the CPP portal.
Subscribe to get the latest posts sent to your email.
