Indian developer wins tender to deploy 80 MW of floating PV for $0.047/kWh
10 August 2023
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.
Related
-
Danantara Investment Management Announces the Results of the DPT BUPP PSEL Selection for Batch2
26 May 2026
-
Egypt prepares to tender five water treatment plants
26 May 2026
-
World Bank provides $2bn for Turkey railway corridor
25 May 2026
-
King Salman airport selects three contractors for apron ECI
24 May 2026
-
Japanese firm now fifth biggest US housebuilder after $4bn acquisition
22 May 2026
-
Edify reaches financial close on Rio Tinto-contracted solar-BESS parks
22 May 2026


京公网安备
11010802030424号
京ICP备19046776号-2