Deadline: 25-Nov-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)
Madhya Pradesh, the central state of India, has been in the forefront to contribute
significantly towards promotion of clean energy solutions in the country as well as globally. To take such initiatives forward, Government of MP through its agency Rewa Ultra Mega Solar Limited (RUMS) – has requested the World Bank to support them on new technologies such as floating solar. On request of the Government of India, World Bank is already supporting Solar Energy Corporation of India Limited (SECI), under Innovations in Solar Power & Hybrid technologies project, to invest in early demonstration projects but with an objective to also build a robust pipeline of such projects while developing the policy and regulatory ecosystem. As part of deepening the market for floating solar projects in the country, engagement with MP will be an important step. This is specifically important as lack of experience in deploying several of these technologies in India, and globally, at scale is considered as a major constraint by various developers, financiers and other stakeholders.
World Bank will support RUMS and Narmada Hydroelectric Development Corporation (NHDC) in exploring potential of floating solar project in one of the states water bodies Omkareshwar Dam in Khandwa district of MP.