The state-owned hydropower producer has secured a second 90 MW capacity of the Omkareshwar floating solar project in Madhya Pradesh after winning an equivalent capacity in January. It secured the latest project at INR 3.79 ($0.046)/kWh.
The state-owned hydropower producer is developing the floating solar project on a build-own-operate basis. Larsen & Toubro Ltd is tasked with the engineering, procurement, and construction (EPC) of the plant.
The second-part 300 MW capacity of the Omkareshwar floating solar project has attracted 1 GW of bids from seven developers. NHDC, SJVN and Tata Power Solar bid for 200 MW each. Eden Renewables, Hinduja, Mahindra Susten, and NTPC quoted for 100 MW each.
Renewables developer Amp Energy India will develop a floating solar project on a build-own-operate-transfer (BOOT) basis and supply the electricity over a period of 25 years under a fixed tariff.
The recent auctions for solar parks in Agar (550 MW), Neemuch (500 MW), and Shajapur (450 MW) districts of Madhya Pradesh saw winning tariffs in the range of INR 2.14 (0.029 US$) to INR 2.459 (0.034 US$).
The state-run hydropower company is targeting 340-350 MW of generation capacity in the 1.5 GW tender being held by SECI and state utility Madhya Pradesh Urja Vikash Nigam Limited. NHDC has opened a global tender to seek a panel supplier.
Under the World Bank and IREDA’s $100 million proposals for solar park development, IREDA has approved its first loan of $33 million to Rewa Ultra Mega Solar Limited (RUMSL) in Madhya Pradesh.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.