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

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement