World’s largest floating solar project in MP, scheduled to begin by 2023
The 600 MW world’s largest floating solar power project is currently under construction in the state of MP and is expected to start generating electricity by 2022-23…
As per an official release, Hardeep Singh Dang, the MP state new and renewable energy minister stated that the world’s largest 600 MW solar power project under construction in the state, will start generating electricity by the year 2022-23.
The project is to be built in Khandwa district of Madhya Pradesh on the Omkareshwar Dam on the Narmada River. The investment in the project is estimated at INR 3,000 crore.
The International Finance Corporation, World Bank and Power Grid have given in-principle assent to provide aid for the development of the said project. Also, in collaboration with the World Bank, the main feasibility study of this project has been completed.
Dang also informed that the route survey work for transmission line from the Khandwa sub-station to the project area will start this month by power grid.
A tender is also being issued for the study of the environmental and social impact of the project area. The Madhya Pradesh Power Management Company has approved to buy 400 MW of power from the project.
About Project:
The project will come up in the backwaters of Omkareshwar dam in about 2000 hectares of water areas. The project will have floating solar panels with a capacity of 600 MW power generations.
According to released statement, in case of low water level in the dam, the floating panels will adjust upwards and downwards automatically. Also, there will be no effect on them from strong waves and floods.
It is anticipated that in 2 years, the project will start producing cheap and good quality power.
