Tata Power commissions 126 MW floating solar project

19 Nov 2024 CW Team

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned the 126 MW Omkareshwar Floating Solar Project in Madhya Pradesh, marking one of India’s largest floating solar installations. The Rs 5.96 billion project was awarded by NHDC Limited and supplies clean power to the Madhya Pradesh Power Transmission Company Limited (MPPTCL).

The project, located in Khandwa district between the Indirasagar and Omkareshwar hydroelectric reservoirs, faced challenges such as fluctuating water levels, strong winds, and limited access. Despite these hurdles, TPREL completed the project in 26 months.

Equipped with 213,460 bifacial glass-to-glass modules, the installation generates 204,580 MWh of energy annually, offsetting around 173,893 tonnes of CO? emissions each year. The floating solar plant covers 260 hectares and includes advanced engineering solutions like mooring systems, wave breakers, ballast anchors, and adaptive cableways. It also hosts the world’s largest floating platform for inverters, helping to conserve an estimated 32.5 million cubic meters of water annually by reducing evaporation.

“We are delighted to set a new benchmark with one of the largest floating solar installations in the country,” Deepesh Nanda, CEO and Managing Director, TPREL, said, noting that the project demonstrates how renewable resources can contribute to carbon reduction.

Rajeev Jain, Managing Director, NHDC Limited, said, “The commissioning of the Omkareshwar Floating Solar Project marks a significant milestone for NHDC and our commitment to sustainable energy solutions.”

Following this project, TPREL’s total renewable energy capacity stands at 10.9 GW, with 5.6 GW of projects under implementation and an operational capacity of 5.3 GW, including 4.3 GW of solar and 1 GW of wind energy projects.

Infrastructure Urban

06 Apr 2026

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..

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..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..