Indian developer wins tender to deploy 80 MW of floating PV for $0.047/kWh

Share

From pv magazine India

Hinduja Renewables has secured 80 MW of the Omkareshwar floating solar project in the Indian state of Madhya Pradesh, contributing to the project's status as the world's largest single-location floating solar park with a total of 600 MW of capacity upon completion.

The initiative is being developed in two 300 MW phases along the Narmada River at Omkareshwar Reservoir in Khandwa district.

In the second phase of the project, Hinduja Renewables secured 80 MW at a tariff of INR 3.89/kWh through an auction conducted by Rewa Ultra Mega Solar Ltd (RUMSL), the developer and tendering authority.

RUMSL is a collaborative effort between Solar Energy Corp. of India and Madhya Pradesh Urja Vikas Nigam, with infrastructure funding from the Asian Development Bank (ADB).

With numerous projects reaching gigawatt scale and being commissioned across various regions, Hinduja Renewables is now actively pursuing opportunities in energy storage and green hydrogen.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Solarwatt presents new residential battery
22 November 2024 German manufacturer Solarwatt says its new battery can be flexibly configured as an AC or DC system. It also features an emergency power function and...