+
SAIL Bhilai Steel Plant Launches 15 MW Floating Solar Project
POWER & RENEWABLE ENERGY

SAIL Bhilai Steel Plant Launches 15 MW Floating Solar Project

SAIL Bhilai Steel Plant has embarked on a significant sustainability initiative by initiating a 15 MW floating solar power project. This project, aimed at enhancing renewable energy capacity, will be set up on the reservoir of the Bhilai Steel Plant in Chhattisgarh, India. The floating solar plant is expected to contribute substantially to the plant's energy requirements while reducing its carbon footprint.

The project, implemented under the government's push for renewable energy adoption in industrial sectors, underscores SAIL's commitment to environmental stewardship. By harnessing solar energy through floating panels, the steel plant aims to optimise land use and maximise energy generation efficiency. This approach is particularly advantageous for industrial facilities with large water bodies, as it mitigates land constraints typically associated with conventional solar installations.

The floating solar plant is anticipated to not only bolster the plant's renewable energy portfolio but also serve as a model for sustainable energy practices in the steel manufacturing industry. It aligns with India's broader goal of achieving 175 GW of renewable energy capacity by 2022, promoting clean energy solutions across diverse sectors.

Additionally, the project is expected to contribute to the local economy by creating job opportunities in the renewable energy sector and supporting ancillary industries involved in solar technology and installation. As the project progresses, it is poised to demonstrate the viability and benefits of floating solar technology in enhancing energy security and sustainability for industrial operations.

SAIL Bhilai Steel Plant has embarked on a significant sustainability initiative by initiating a 15 MW floating solar power project. This project, aimed at enhancing renewable energy capacity, will be set up on the reservoir of the Bhilai Steel Plant in Chhattisgarh, India. The floating solar plant is expected to contribute substantially to the plant's energy requirements while reducing its carbon footprint. The project, implemented under the government's push for renewable energy adoption in industrial sectors, underscores SAIL's commitment to environmental stewardship. By harnessing solar energy through floating panels, the steel plant aims to optimise land use and maximise energy generation efficiency. This approach is particularly advantageous for industrial facilities with large water bodies, as it mitigates land constraints typically associated with conventional solar installations. The floating solar plant is anticipated to not only bolster the plant's renewable energy portfolio but also serve as a model for sustainable energy practices in the steel manufacturing industry. It aligns with India's broader goal of achieving 175 GW of renewable energy capacity by 2022, promoting clean energy solutions across diverse sectors. Additionally, the project is expected to contribute to the local economy by creating job opportunities in the renewable energy sector and supporting ancillary industries involved in solar technology and installation. As the project progresses, it is poised to demonstrate the viability and benefits of floating solar technology in enhancing energy security and sustainability for industrial operations.

Next Story
Infrastructure Urban

ITCONS Gains on New Rs 3.5 Million Defence Contract

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.Promoters hold 58.22 per cent of the compan..

Next Story
Infrastructure Urban

Delhi Extends EV Policy Till March 2026

The Delhi government has extended its existing Electric Vehicle (EV) Policy until 31 March 2026, or until a revised version is approved. The decision was made during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Tuesday.According to Transport Minister Pankaj Kumar Singh, the draft of the new policy will undergo broader public consultation before being finalised, prompting the extension to allow time for thorough stakeholder engagement.The consultation process will include inputs from citizens, environmental groups, academic institutions, industry experts, and private firms. Key fo..

Next Story
Infrastructure Urban

Ather Crosses 400 Fast Chargers in Maharashtra

Electric two-wheeler manufacturer Ather Energy announced on Thursday that it has surpassed 400 fast charging points under its Ather Grid network across Maharashtra.The company's fast charging infrastructure now spans 35 cities in the state, including key urban centres such as Mumbai, Nashik, Pune, and Nagpur."Crossing 400 fast chargers in the state is about giving riders the assurance that they'll always find a charger when they need one. As we expand our retail presence, the charging network will continue to grow in tandem to make EV ownership truly seamless," said Ravneet Singh Phokela, Chie..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?