India’s largest floating solar project, generating 90 MW of energy, has been officially commissioned at Omkareshwar, Madhya Pradesh, according to a statement from the state’s Renewable Energy Minister, Rakesh Shukla. The project, which cost Rs 646 crore, was inaugurated on August 8.
Developed under the Union Ministry of Renewable Energy, the Omkareshwar Floating Solar Project is now the biggest solar park in India and the largest floating solar initiative in central and north India. It was executed by SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN.
With this project, SJVN’s total installed capacity has increased to 2,466.50 MW. The project is expected to produce 196.5 million units of electricity in its first year and a total of 4,629.3 million units over the next 25 years.
The project is projected to reduce carbon emissions by 230,000 tonnes, significantly contributing to the central government’s goal of achieving net zero carbon emissions by 2070. Additionally, it is anticipated to aid in water conservation by mitigating water evaporation.
Developed through competitive tariff bidding on a Build Own and Operate basis for 25 years at a rate of Rs 3.26 per unit, the floating power plant is situated on the backwaters of the Omkareshwar dam.
Follow us
