Hinduja Renewables: 80 MW in largest floating solar park
POWER & RENEWABLE ENERGY

Hinduja Renewables: 80 MW in largest floating solar park

Hinduja Renewables has achieved a significant feat by securing an 80 MW unit in the monumental Omkareshwar floating solar park along the Narmada River banks in Madhya Pradesh. This remarkable park stands as the world's largest single-location floating solar installation.

The triumph was announced by Rewa Ultra Mega Solar Limited (RUMSL), the project's developer and tendering authority, at a tariff rate of Rs 3.89 per kilowatt-hour (kWh). The park, being developed in two phases, is a joint effort between the Solar Energy Corporation of India and Madhya Pradesh Urja Vikas Nigam, symbolising collaboration in the renewable energy landscape.

Funding for the common infrastructure of this pioneering project is provided by the Asian Development Bank (ADB), further underscoring the international significance of this initiative.

The expansive floating solar park will feature a total installed capacity of 600 MW, harmoniously integrated into the serene landscape along the Narmada River at Omkareshwar Reservoir in Madhya Pradesh's Khandwa district. Hinduja Renewables' successful bid for an 80 MW unit firmly establishes its presence in this ambitious endeavour.

Hinduja Renewables has already achieved gigawatt-scale capacity with multiple projects in different regions of India currently under commissioning. With a proactive approach, the company is actively exploring opportunities in the realms of energy storage and green hydrogen. These efforts align with the broader vision of building a multi-gigawatt renewable energy portfolio in the years to come, contributing significantly to India's clean energy objectives.

Hinduja Renewables has achieved a significant feat by securing an 80 MW unit in the monumental Omkareshwar floating solar park along the Narmada River banks in Madhya Pradesh. This remarkable park stands as the world's largest single-location floating solar installation.The triumph was announced by Rewa Ultra Mega Solar Limited (RUMSL), the project's developer and tendering authority, at a tariff rate of Rs 3.89 per kilowatt-hour (kWh). The park, being developed in two phases, is a joint effort between the Solar Energy Corporation of India and Madhya Pradesh Urja Vikas Nigam, symbolising collaboration in the renewable energy landscape.Funding for the common infrastructure of this pioneering project is provided by the Asian Development Bank (ADB), further underscoring the international significance of this initiative.The expansive floating solar park will feature a total installed capacity of 600 MW, harmoniously integrated into the serene landscape along the Narmada River at Omkareshwar Reservoir in Madhya Pradesh's Khandwa district. Hinduja Renewables' successful bid for an 80 MW unit firmly establishes its presence in this ambitious endeavour.Hinduja Renewables has already achieved gigawatt-scale capacity with multiple projects in different regions of India currently under commissioning. With a proactive approach, the company is actively exploring opportunities in the realms of energy storage and green hydrogen. These efforts align with the broader vision of building a multi-gigawatt renewable energy portfolio in the years to come, contributing significantly to India's clean energy objectives.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?