FCC

ILIOS bags BPCL contract for floating solar projects

2023-06-21

ILIOS Power has won an engineering, procurement, and construction (EPC) and operation and maintenance (O&M) contract from Bharat Petroleum Corporation (BPCL) for 6.9 MW floating solar power projects in Kerala.

The company quoted Rs 486 million ($5.9 million) for the EPC and O&M works. The total contract price, including GST, will be Rs 554 million ($6.7 million).

The projects will be developed in the rainwater harvesting pond and shore tank farm in the Kochi refinery of BPCL. According to ILIOS, this is one of India’s first floating solar projects on the seashore in salty waters.

This will be ILIOS’s second floating project. The company commissioned a 6.5 MW project for Singareni Collieries in January 2023.

The scope of work includes design, engineering, supply, installation, commissioning, and O&M of the project for five years.

The entire work is to be completed within six months, beginning June 15, 2023.

Earlier in November, BPCL had issued a tender to hire consultancy services for setting up this floating solar power project.