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Madhya Pradesh to Set Up 3 New Floating Solar Plants with Investment of Rs 7,500 Cr

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Representational image. Credit: Canva

Officials from the state announced Wednesday that three floating solar power plants will soon be installed in Madhya Pradesh’s water reservoirs. The total cost of this project is Rs 7,500 crore.

This information was provided at a session on renewable energy that took place on the first day in the “Invest Madhya Pradesh – Global Investors Summit” organised by the state government.

Sanjay Dubey was the Principal Secretary, Energy and Renewable Energy Department Madhya Pradesh.

Officials said that work will soon begin on three floating solar power plants with a total cost Rs 7,500 crore.

These projects will be added to the 600 MW floating solar power plant at Omkareshwar dam in Khandwa district.

Officials said that the summit saw the signing of Memorandums of Understandings (MoUs), worth Rs 16,000 crore, in the fields of energy and renewable energy.

Hardeep Singh Dang, Madhya Pradesh’s New and Renewable Energy Ministry, assured investors that there will be no problems setting up units in the state.

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