August 5 (Renewables Now) – Unbiased energy producer Amp Power India has entered into an off-take contract with Rewa Extremely Mega Photo voltaic Ltd (RUMSL) for a portion of a 600-MW floating photo voltaic plant in Madhya Pradesh.
The 2 events have sealed an influence buy settlement (PPA) for 100 MW/140 MWp of capability from that individual venture on the Omkareshwar Reservoir.
RUMSL, which is a three way partnership between Photo voltaic Power Company of India (SECI) and Madhya Pradesh Urja Vikas Nigam Ltd, has already recognized house for the venture and can search to lease it from NHDC. The broader photo voltaic park might be delivered in two phases of 300 MW every and might be supported by a set tariff for 25 years.
“Whereas photo voltaic vitality is a crucial supply of renewable energy, deployment of photo voltaic initiatives requires giant contiguous parcels of land, which isn’t all the time accessible. Floating photo voltaic initiatives generally is a nice different to this and assist mitigate developmental dangers,” commented Pinaki Bhattacharyya, managing director and CEO of Amp Power India.