Bhilai Steel Plant Embraces Solar Power for Green Future
POWER & RENEWABLE ENERGY

Bhilai Steel Plant Embraces Solar Power for Green Future

Bhilai Steel Plant (BSP), the leading unit of India's steel giant Steel Authority of India Limited (SAIL), is embarking on a green journey by embracing solar power initiatives. In a recent development, BSP has inked a memorandum of understanding with the Chhattisgarh State Renewable Energy Development Agency (CREDA) to install solar power generation systems across its plant premises and township in Bhilai.

According to a statement released by BSP management on Wednesday, the proposed plan aims to generate approximately 2 MW of electricity within the plant premises. Additionally, a project is underway to install rooftop solar energy systems on residences and offices in the township, with the potential to generate around 3 MW of electricity. These initiatives are expected to collectively reduce carbon dioxide emissions by as much as 2,900 tonnes annually, contributing significantly to environmental conservation efforts.

Moreover, BSP has taken a pioneering step towards enhancing its sustainability by signing a Power Purchase Agreement (PPA) with NTPC-SAIL Power Supply Company Limited (NSPCL) for the installation of a 15 MW capacity floating solar plant in Maroda-1 reservoir. This innovative project, scheduled for completion by next year, is set to be the first of its kind in the state of Chhattisgarh. The floating solar plant is anticipated to generate approximately 34.26 million units of green power annually, catering to BSP's captive power needs.

In continuation of its commitment to renewable energy, BSP is also gearing up for the establishment of another floating Solar Power Plant of 35 MW in Maroda-2 reservoir in collaboration with NSPCL. The detailed project report (DPR) has already been prepared, and the tender process is expected to commence soon.

The solar energy projects, including those in the plant premises, township, and Maroda reservoirs, will be executed in two phases. The first phase is projected to be completed by 2025, with the second phase slated for completion by the end of 2027.

These initiatives underscore BSP's proactive approach towards sustainable development and align with the broader national agenda of promoting renewable energy sources and reducing carbon footprint. By harnessing solar power, BSP is not only enhancing its operational efficiency but also setting a benchmark for the steel industry in adopting eco-friendly practices.

Bhilai Steel Plant (BSP), the leading unit of India's steel giant Steel Authority of India Limited (SAIL), is embarking on a green journey by embracing solar power initiatives. In a recent development, BSP has inked a memorandum of understanding with the Chhattisgarh State Renewable Energy Development Agency (CREDA) to install solar power generation systems across its plant premises and township in Bhilai. According to a statement released by BSP management on Wednesday, the proposed plan aims to generate approximately 2 MW of electricity within the plant premises. Additionally, a project is underway to install rooftop solar energy systems on residences and offices in the township, with the potential to generate around 3 MW of electricity. These initiatives are expected to collectively reduce carbon dioxide emissions by as much as 2,900 tonnes annually, contributing significantly to environmental conservation efforts. Moreover, BSP has taken a pioneering step towards enhancing its sustainability by signing a Power Purchase Agreement (PPA) with NTPC-SAIL Power Supply Company Limited (NSPCL) for the installation of a 15 MW capacity floating solar plant in Maroda-1 reservoir. This innovative project, scheduled for completion by next year, is set to be the first of its kind in the state of Chhattisgarh. The floating solar plant is anticipated to generate approximately 34.26 million units of green power annually, catering to BSP's captive power needs. In continuation of its commitment to renewable energy, BSP is also gearing up for the establishment of another floating Solar Power Plant of 35 MW in Maroda-2 reservoir in collaboration with NSPCL. The detailed project report (DPR) has already been prepared, and the tender process is expected to commence soon. The solar energy projects, including those in the plant premises, township, and Maroda reservoirs, will be executed in two phases. The first phase is projected to be completed by 2025, with the second phase slated for completion by the end of 2027. These initiatives underscore BSP's proactive approach towards sustainable development and align with the broader national agenda of promoting renewable energy sources and reducing carbon footprint. By harnessing solar power, BSP is not only enhancing its operational efficiency but also setting a benchmark for the steel industry in adopting eco-friendly practices.

Next Story
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?