The first floating solar power plant in Himachal Pradesh will be set up in Nangal pond near Neilla village in Bilaspur district and it will constructed by Satluj Jal Vidyut Nigam (SJVN).
Informing about this, Nand Lal Sharma, Chairman and Managing Director, SJVN said the company has bagged 15 MW grid connected floating solar power project at Nangal pond near village Neilla in Bilaspur district.
SJVN has bagged the full quoted capacity of 15 MW at a rate of Rs 3.26 per unit on build, own and operate basis through e-Reverse auction held by Solar Energy Corporation of India.
Sharma stated that it is a proud moment for SJVN that it has bagged the first floating solar project in Himachal Pradesh. The company is focusing on developing renewable energy to emerge as a major contributor in realizing the Government of India’s vision to generate 500 GW energy by 2030 from non-fossil sources.
The cost of developing this floating solar project will be approximately Rs 100 crore. The project is expected to generate 32.85 million units in the first year and the cumulative energy generation over a period of 25 years will be approximately 756 MU.
The Power Purchase Agreement between SJVN and Bhakra Beas Management Board will be signed shortly, he added.