Rewa Ultra Mega Solar Project (RUMSL) has invited two separate bids to develop three floating solar projects with a total capacity of 490 MW in two reservoirs in Madhya Pradesh.

Tender 1

Bidders must develop a 250 MW floating solar project at Birsinghpur Reservoir.

The last day to submit the bids is March 20, 2024. Bids will be opened the next day.

The cost of the bidding documents is ₹295,000 (~$3,547).

Bidders must submit an earnest money deposit of ₹1.34 million (~$16,113).

Tender 2

Bidders must develop 240 MW (2×120 MW) floating solar projects at Omkareshwar Reservoir.

The last day to submit the bids is January 4, 2024. Bids will be opened the next day.

The cost of the bidding documents is 11,800 (~$141).

Bidders must submit an earnest money deposit of ₹1.3 million (~$15,633)/ MW.

Floating solar projects have started to gain ground as they address the issue of land requirement, which is a challenge for ground-mounted projects. India has about 304  MW of floating solar projects in operation.

The Energy and Resources Institute, in its report published in 2020, found that India’s reservoirs have 18,000 sq. km of area with the potential to generate 280 GW of solar power through floating solar projects.

NTPC Renewable Energy, SJVN Green Energy, and Hinduja Renewables Energy won RUMSL’s auction to develop a 300 MW floating solar park (Phase II) at the Omkareshwar reservoir.

In October last year, the Madhya Pradesh Electricity Regulatory Commission approved deviations to the bidding guidelines for developing the project. RUMSL and Madhya Pradesh Power Management Company had jointly filed a petition for approval of certain deviations from the bidding guidelines.

Last year, RUMSL issued a request for proposal for consultancy firms to prepare a feasibility study report of three reservoirs in Madhya Pradesh for developing floating solar projects.

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