Odisha Inks MoU To Generate 500 MW Power Through Floating Solar Projects

Bhubaneswar : Green Energy Development Corporation of Odisha Limited (GEDCOL) and the National Hydroelectric Power Corporation (NHPC) signed an agreement to generate 500 MW solar power through floating solar power projects.

The agreement was inked in the presence of Energy Minister Capt Dibya Shankar Mishra on Monday, informed a tweet by the I & PR department of the State Government.

The project to be implemented at an estimated cost of Rs 2,500 crore will have floating solar power projects in 12 reservoirs of Odisha.

The development of floating solar projects in the State will be a win-win proposition for the people as it would generate employment, lessen the requirement of land and evaporation of water.