Second phase of bidding for 600 MW of floating PV on Indian reservoir

Rewa Ultra Mega Solar (RUMSL) has launched the second round of bidding for a total 600 megawatt (MW) floating photovoltaics (FPV) project on the Omkareshwar reservoir in the Indian state of Madhya Pradesh. The request for proposals includes three projects of 100 MW each; bids must be for at least 90 MW. The plants will receive a 25-year power purchase agreement (PPA).
The overall project was launched in November 2021 with the procurement of planning contracts, and the tender for the first three sections (Phase I) with a total of 300 MW was closed at the beginning of May this year with awards to the project developers Amp Energy, NHDC and SJVN. The awards were made at prices ranging from 3.21 to 3.26 rupees (4.08 ¢) per kilowatt-hour.
RUMSL is a joint venture of Madhya Pradesh utility Urja Vikas Nigam Limited (MPUVN) and Solar Energy Corporation of India (SECI) established in 2015 to implement large-scale solar power projects.

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