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
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?