View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
January 6, 2021

World’s largest floating solar farm to start operations by 2023

An Indian state government has announced the world's largest floating solar project will begin operations in 2022-23.

An Indian state government has announced the world’s largest floating solar project will begin operations in 2022-23.

The government of Madhya Pradesh made the announcement concerning the 600MW capacity facility on the Narmada river. The floating panels will be installed in the backwaters of the Omkareshwar dam and cover approximately 2000ht of water area the in Khandwa district.

These panels will have the capacity to automatically adjust their position when the water level at the dam is low.

The state’s renewable energy minister Hardeep Singh Dang said the project will require an investment of $410m (INR30bn). PTI quoted the minister as saying that survey work for the transmission line to Khandwa sub-station will begin this month.

Additionally, the state government has issued a tender for the study of the environmental and social impact of the project.

The floating solar facility will be designed to withstand strong waves and floods while continuing to generate solar power.

A feasibility study for the project has been completed in partnership with the World Bank. In-principle consent was given by the International Finance Corporation, World Bank, and Power Grid for providing financial aid.

Madhya Pradesh Power Management Company has agreed to purchase 400MW of energy generated by the floating solar project.

Related Companies

Free Report

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy