July 15 (Renewables Now) - Bharat Heavy Electricals Ltd (BOM:500103), or BHEL, has received an INR-1-billion (USD 14.6m/EUR 12.9m) order to install a 25-MW floating solar photovoltaic (PV) park in the state of Andhra Pradesh.
The engineering, procurement and construction (EPC) deal was awarded by domestic power producer NTPC Ltd, state-owned BHEL said in a bourse filing on Sunday. The engineering group will build the floating PV plant on the raw water reservoir of NTPC’s Simhadri thermal power station in the northern part of the state.
This is BHEL’s second order for a floating PV installation from NTPC in the past month. In the middle of June, it bagged a contract to build a 100-MW system at NTPC Ramagundam in Telangana. Following the latest deal, BHEL said it is now the largest EPC player in India's floating solar PV sector with a portfolio of 130 MW.
(INR 10 = USD 0.146/EUR 0.129)