The power purchase agreement shall be executed after issuance of LOI from RUMSL & MPPMCL. The Floating Solar Project (FSP) Project shall be developed by SGEL at the Omkareshwar reservoir, Madhya Pradesh through EPC contract.
Tentative cost of Construction / Development of this project is ₹610 Cr. The project is expected to generate 203 MUs in the 1st year and the cumulative energy generation over a period of 25 years would be about 4,781 MU. As per RfS the Project shall be commissioned in a period of 21 Months from the date of signing of PPA.
This is SGEL's 2nd Unit at Omkareshwar Floating Solar Park. SGEL is already developing the 90 MW (Unit-F) at Omkareshwar Floating Solar Park Phase-I. The commissioning of this Project is expected to reduce 2,34,304 Tonnes of carbon emission and would contribute in GoI mission of reduction in carbon emission.