The installed renewable electricity generation capacity in Madhya Pradesh surged to 5,875 MW as of Dec. 31, 2022, from 491 MW ten years ago.
The state-owned hydropower producer is developing the floating solar project on a build-own-operate basis. Larsen & Toubro Ltd is tasked with the engineering, procurement, and construction (EPC) of the plant.
The state-owned non-banking finance company has signed a memorandum of understanding with Rewa Ultra Mega Solar Ltd (RUMSL) to provide INR 1,000 crore ($123 million) for the development of renewable energy parks and associated infrastructure in Madhya Pradesh.
The state will launch three floating solar projects worth INR 7,500 crore ($919 million). The new projects will be in addition to a 600 MW plant currently under development at Omkareshwar reservoir.
Madhya Pradesh chief minister Shivraj Singh Chouhan said that pumped hydro storage projects will be encouraged under the Madhya Pradesh Renewable Energy Policy 2022. The sites for these projects will be allotted based on a competitive tender process.
The state-owned hydropower producer is executing the 90 MW floating solar project on a build-own-operate basis at the Omkareshwar reservoir in the Indian State of Madhya Pradesh.
The two hybrid wind-solar projects, located in Madhya Pradesh and Karnataka, represent 300 MW of renewable energy capacity combined.
The Indian multinational EPC provider has secured the civil and hydromechanical works for a 10 GWh pumped storage project from renewables developer Greenko. The project is coming up in Madhya Pradesh.
NTPC Renewable Energy Ltd (NTPC REL) has invited bids from manufacturers to supply a cumulative 460.55 MW DC capacity of crystalline PV modules for its Shajapur solar projects in Madhya Pradesh. The modules must be rated a minimum of 530 Wp each. Bidders have until Dec. 19 to lodge their interest.
The state-owned hydropower producer won the 83 MW floating solar project at a tariff of INR 3.70 ($0.046)/kWh, in a competitive auction conducted by REWA Ultra Mega Solar Ltd.
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