KSIDC tenders for development of Waste to Energy project in Ernakulam

KSIDC has invited global companies for competitive bidding to develop Waste to Energy project at Ernakulam with a production capacity of 5 MW

The Kerala State Industrial Development Corporation Limited (KSIDC) has invited global bids for the development of the Waste to Energy project at Ernakulam.

As per tender a solid waste management project needs to be developed along with its integration into a waste-to-energy plant with at least a processing capacity of 300 tons per day.

The production capacity of the plant is needed of 5 MW to cater to the Ernakulam cluster that operates in the state of Kerala that includes the local authorities and the municipalities.

Submission Deadline:

The last date of submission of the bid is August 04, 2020. While the pre-bid meeting has been scheduled for July 06, 2020.

The earnest money deposit (EMD) amount to be deposited by the bidders is INR 1 crore (~USD 132,412). The timeline for the completion of the project has been set as 24 months.

Scope of Work

This invite is open for global competitive bidding where the companies need to execute the project in collaboration with the government of Kerala (public-private partnership) under the design, build, finance, operate, and transfers model.

Eligibility Criteria

To participate in the bidding process, the bidder must have worked for the last three financial years. The bidder should have experience of executing at least one waste-energy project of a minimum of 1 MW capacity in the last five years or operating 1 MW waste-to-energy project for one year in the last five years.

In the case of a consortium, at least one member of the consortium must meet the above criteria. The number of members in a consortium will be limited to five. The quotation of such bidders will be evaluated based on the eligibility criteria defined in the tenders.

Other Criteria

The bidder must have a minimum net worth of INR 250 million. In the case of a consortium, the lead member must hold at least 26% of the capital paid capital and the subscribed equity of the special purpose vehicle.

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