Cochin Port Trust has invited bids for implementing a 1.5 MW grid-connected floating solar PV project at Willingdon Island under the RESCO model. The project also includes operation and maintenance for 25 years. As per the tender document, the bid closing date is set for June 26, 2025, at 9:00 PM, and the bid opening will take place the same day at 9:30 PM. The offer validity is 30 days from the end date, and bidders must comply with the qualification rules outlined under the RA qualification clause. A reverse auction will be conducted only if more than one bidder quotes the same tariff and has declared the same CUF percentage.
The estimated bid value for the project is ₹6.26 crore, and the Earnest Money Deposit (EMD) required is ₹12.51 lakh. The contract period is for one year, with an ePBG requirement of 5% of the contract value for 15 months. The bid type is a two-packet system, and Excel upload is mandatory for the amended BOQ under headings like ‘Excel Upload Required’ and ‘Quantifiable Specification/ Standards of the Service/ BOQ’. The BOQ includes the floating solar system with a quantity of 1 and a tariff quoted in Rs/kWh for 25 years.
The bid also permits exemptions on turnover criteria for MSEs and startups, provided the necessary documents are uploaded. MSEs and DPIIT-registered startups may also avail of purchase preference. Experience requirements include at least two years of providing similar services, and bidders must show evidence of past projects worth up to 80% of the estimated bid value, depending on the number of contracts.
The buyer has uploaded various support documents, including instructions to bidders, pre-qualification criteria, scope of work, penalties, payment terms, and GEM availability reports. A pre-bid meeting is scheduled online on June 13, 2025. The bid also allows the buyer to increase or decrease the contract quantity or duration by 25% at the time of issuing the contract. Furthermore, multiple guidelines have been listed to ensure the process is fair and in compliance with government procurement policies.
Finally, a note of clarification states that these amendments have been made to ensure the bid document is aligned with the original tender terms and bring clarity and consistency to the bidding process. Bidders are advised to review the changes carefully before submission.
