Omkareshwar Floating Solar Project

• Overview: SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has commissioned a 90 MW floating solar project at the Omkareshwar Floating Solar Park, situated on the River Narmada in Khandwa, Madhya Pradesh. This park is recognized as the largest floating solar park in India.
• Investment: The project was developed at a cost of ₹646.20 crores.
• Energy Generation:
• First-Year Generation: Expected to produce 196.5 million units of energy.
• 25-Year Projection: Estimated cumulative energy generation of 4629.3 million units.
• Environmental Impact:
• The project is anticipated to reduce carbon emissions by 2.3 lakh tons, contributing to India’s goal of achieving net-zero carbon emissions by 2070.
• It also promotes water conservation by minimizing water evaporation from the reservoir.
• India’s Renewable Energy Landscape (as of June 2024):
• Total installed solar energy capacity: 85.47 GW.
• Total installed renewable energy capacity: 195 GW, which includes:
• 47 GW hydro
• 47 GW wind
• 11 GW bio power
• 5 GW small hydro

This project not only underscores India's commitment to expanding its renewable energy capacity but also highlights innovative approaches to harnessing solar energy while addressing environmental concerns.