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India's BHEL wins orders for 200 MW of floating, ground-mounted PV

Solar module. Author: Oregon Department of Transportation. License: Creative Commons, Attribution 2.0 Generic.

June 17 (Renewables Now) - Bharat Heavy Electricals Ltd (BOM:500103), or BHEL, has won a couple of orders to build two solar power plants in India with a combined capacity of 200 MW, one of which is a floating photovoltaic (PV) installation.

Power producer NTPC Ltd has awarded to BHEL an engineering, procurement and construction (EPC) contract for what will be the country’s largest floating solar plant, BHEL said in a statement on Sunday. The 100-MW facility will be installed at NTPC Ramagundam in Telangana.

Meanwhile, Gujarat State Electricity Corporation Ltd (GSECL) has contracted the company to build a 100-MW ground-mounted solar plant at the Raghanesda Ultra Mega Solar Park in Banaskantha district of Gujarat.

The combined value of the two orders amounts to INR 8 billion (USD 114.6m/EUR 102.2m).

(INR 10 = USD 0.143/EUR 0.128)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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