Three floating solar power plants to be set up in MP
POWER & RENEWABLE ENERGY

Three floating solar power plants to be set up in MP

State officials announced on Wednesday that the installation of three floating solar power plants in water reservoirs in Madhya Pradesh, which require a total investment of Rs 750,00 million, will soon begin. The details were discussed during a session on renewable energy on the first day of the "Invest Madhya Pradesh-Global Investors Summit" organised by the State Government of Madhya Pradesh. Sanjay Dubey, Principal Secretary, Madhya Pradesh's Energy and Renewable Energy Department, presided over the meeting.

According to officials, the construction of three floating solar power projects with a combined cost of Rs 750,00 million will begin shortly. The 600 MW floating solar power plant in the Omkareshwar dam area of Khandwa district will be supplemented by these projects. According to officials, the summit resulted in the signing of Memorandums of Understanding (MoUs) worth Rs 160,000 million in the energy and renewable energy sectors. Hardeep Singh Dang, Renewable Energy Minister, Madhya Pradesh, reassured the investors that setting up their units in the state would not pose any challenges.

State officials announced on Wednesday that the installation of three floating solar power plants in water reservoirs in Madhya Pradesh, which require a total investment of Rs 750,00 million, will soon begin. The details were discussed during a session on renewable energy on the first day of the Invest Madhya Pradesh-Global Investors Summit organised by the State Government of Madhya Pradesh. Sanjay Dubey, Principal Secretary, Madhya Pradesh's Energy and Renewable Energy Department, presided over the meeting. According to officials, the construction of three floating solar power projects with a combined cost of Rs 750,00 million will begin shortly. The 600 MW floating solar power plant in the Omkareshwar dam area of Khandwa district will be supplemented by these projects. According to officials, the summit resulted in the signing of Memorandums of Understanding (MoUs) worth Rs 160,000 million in the energy and renewable energy sectors. Hardeep Singh Dang, Renewable Energy Minister, Madhya Pradesh, reassured the investors that setting up their units in the state would not pose any challenges.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code