Uttar Pradesh Approves ReNew Power’s Bid to Develop 100 MW of Floating Solar Projects


Uttar Pradesh Approves ReNew Power’s Bid to Develop 100 MW of Floating Solar Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the opening and finalization of bids for the development of 100 MW of floating solar photovoltaic (PV) projects in the state.

The Uttar Pradesh Jal Vidyut Nigam Limited (UPJUVNL) had petitioned the UPERC seeking consent for the process undertaken by the Solar Energy Corporation of India (SECI) for 150 MW (50 MW x 3) of grid-connected floating solar power projects at Rihand Dam (also known as Govind Ballabh Pant Sagar Reservoir), located in Sonbhadra district of Uttar Pradesh.

SECI had been roped in by the Uttar Pradesh Power Corporation Limited (UPPCL) to help set up 150 MW solar PV projects at Rihand Dam. It was agreed that SECI would be paid a trading margin of ₹0.07 (~0.001)/kWh. The project was divided into three packages of 50 MW each (A, B, and C).

In November 2018, Shapoorji Pallonji emerged as the auction winner by quoting a tariff of ₹3.29 (~$0.046)/kWh for part B (50 MW). Part A and C were to be auctioned later. Read More

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