NEWS – Madhya Pradesh has commissioned the largest floating solar project in central and north India, generating 90 MW at Omkareshwar.

OMKARESHWAR FLOATING SOLAR PROJECT

Location and Description

    – Located at Omkareshwar, District Khandwa, Madhya Pradesh

    – Developed on the backwaters of Omkareshwar dam (gravity dam on Narmada River)

Project Significance

    – Biggest solar park in India

    – Largest floating solar project in central and north India

    – Generates 90 MW of energy

Project Development

    – Developed under Union Ministry of Renewable Energy

    – Executed by SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN

    – Joint venture between Government of India and Government of Himachal Pradesh

Project Details

    – Project Cost: Rs 646 crores

    – Projected to generate 196.5 million units of electricity in the first year

    – Cumulative generation of 4,629.3 million units over 25 years

Environmental Benefits

    – Reduces 2.3 lakh tons of carbon emissions

    – Contributes to Government of India’s mission of net zero carbon emissions by 2070

    – Helps in water conservation by reducing water evaporation

Project Agreement

    – Developed through competitive tariff bidding

    – Build Own and Operate basis for 25 years

    – Rate of Rs 3.26 per unit