Jharkhand seeks bids for 600 MW floating solar plant

18 May 2023 CW Team

Jharkhand Renewable Energy Development Authority (JREDA) is seeking proposals from qualified agencies to conduct a bathymetry survey and soil test for the development of a 600 MW floating solar power project at Chandil Dam in Saraikela-Kharsawan district.

The last date for submitting bids is May 22, 2023. Technical bids will be opened on May 24, 2023.

The estimated cost of the project is Rs 2,00,00,000. The earnest money deposit (EMD) is Rs 4,00,000. JREDA has previously invited bids for two solar tenders with a cumulative capacity of 5 MW. The first tender was for a 2 MW grid-connected canal-top solar PV power plant at Sikidiri Canal. The second tender was for 3 MW of grid-connected rooftop SPV power plants of different capacities on a turnkey basis for government residential buildings anywhere in Jharkhand.

The development of the 600 MW floating solar power project at Chandil Dam is part of JREDA's efforts to increase the state's renewable energy capacity. The project is expected to generate enough electricity to power over 200,000 households.

Floating solar power plants are a relatively new technology that has the potential to provide a number of benefits, including reduced land use, increased efficiency, and reduced environmental impact.

Floating solar power plants can be installed on existing water bodies, such as dams and reservoirs. This helps to reduce the need for land, which is a valuable resource in many parts of the world. Floating solar panels also reflect sunlight back into the water, which helps to cool the water and reduce evaporation. This can be beneficial for fish and other aquatic life.

The development of the 600 MW floating solar power project at Chandil Dam is a significant step forward for Jharkhand's renewable energy sector. The project is expected to help the state achieve its goal of generating 10% of its electricity from renewable sources by 2022.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..