Business Standard

Sunday, December 22, 2024 | 05:37 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Pallonji, ReNew Power to invest Rs 750 cr in UP solar power project

The companies will develop 150 mw floating solar power project in Sonbhadra

Solar panel. solar power
Premium

Representative Image

Virendra Singh Rawat Lucknow
ReNew Power and Shapoorji Pallonji will collectively invest nearly Rs 750 crore in a 150 megawatt (mw) floating solar power project in Uttar Pradesh.

It is not only touted as first such project in UP, but also the largest floating solar energy project in India. The project would come up at the existing Rihand hydro power project of UP Jal Vidyut Nigam Limited (UPJVNL) at Sonbhadra in the arid Bundelkhand region, bordering Madhya Pradesh, Chhattisgarh, Jharkhand and Bihar.

ReNew Power and Shapoorji Pallonji will develop 100 mw and 50 mw of the solar power capacity, respectively, UP energy minister Shrikant Sharma told

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in