Indira Sagar reservoir Solar PV Park is a 1,000MW solar PV power project. It is planned in Madhya Pradesh, India. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Solar PV||1,000||–||1,000||Announced||Madhya Pradesh, India||NHPC|
The project is being developed and currently owned by NHPC.
Indira Sagar reservoir Solar PV Park is a floating solar project.
The project cost is expected to be around $1,000.27m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
NHPC Ltd (NHPC), a Government of India Enterprise, is an energy utility that plans, promotes and organizes the development of hydro power plants. The company generates electricity using hydro, wind and solar sources. NHPC’s offerings cover the development of conventional and non-conventional sources in India and abroad. Through long-term power purchase agreements, it sells electricity to electricity utilities owned by state governments/private distribution companies on wholesale basis. The company also carries out planning of wind and tidal wave projects in the country; and has interests in various projects in under construction and under development phases. NHPC is headquartered in Faridabad, Haryana state, India.
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.