Web Exclusive | July 2013
Kochi airport firm CIAL to bid for hydel projects
As part of expanding its footprint beyond airport development, the Cochin International Airport's (CIAL) CIAL Infrastructure Limited has focused its attention on the power sector for the time being. It has already undertaken a solar power project of one megawatt at an investment of Rs 8 crore. It is likely to be completed within a couple of months. The energy generated from the project will be utilised by CIAL itself to control its burgeoning power bill.
CIAL Infrastructure Limited is gearing up to bid for the most feasible among 62 small hydel projects for which the State government is likely to float tenders shortly. The proposal is now in the Request for Financial Qualification stage. The company will discuss with the Kerala State Electricity Board in this regard shortly. The decision to opt for the bidding route was intentional despite being a company in which the government has stakes.
Sources said CIAL Infrastructure was in the process of verifying feasible hydel projects with a capacity in the range of 60-70 megawatts from among the 62.