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The Omkareshwar Dam Floating Solar Power Plant, with a capacity of 600 megawatts and extensive funding from NTPC Limited and international financial institutions, is one of the prominent projects in renewable energy in India. The project is being executed by L&T Construction, incorporating specific technical details unique to this power plant. These include the use of high-efficiency solar panels, advanced monitoring and control systems, infrastructure resistant to water and environmental conditions, utilizing the lake surface for solar panel installation, and employing innovative technologies. This project is recognized as a leading initiative in clean energy, given its technical and economic features, it can contribute to sustainable energy supply and reduce long-term energy costs in the region.
With the completion of this project, India will not only help meet its energy needs but will also be recognized as a leader in the use of renewable energy.
The power plant is situated on the lake of the Omkareshwar Dam in Madhya Pradesh, India. This location was chosen due to its abundant water resources and open space, making it suitable for constructing a floating solar power plant.
This power plant, with a final capacity of 600 megawatts, is being developed in two phases. The first phase, with a capacity of 300 megawatts, is expected to be operational by 2024. The second phase, also 300 megawatts, is planned to be completed by 2026.
Type of Structure: The panels are installed on floating structures made of stainless steel and corrosion-resistant coatings.
Stability: The floating structures are anchored to withstand water currents and waves.
High-efficiency photovoltaic panels are used in this project.
Underwater Cables: Underwater cables are used to transmit electricity from the panels to the inverters. These cables are designed to be corrosion-resistant and withstand water pressure and are optimized for the depth and specific conditions of the Omkareshwar Lake.
Inverters: Located near the shore or on floating platforms, the inverters convert DC power generated into AC power and transmit it to the grid.
The Omkareshwar power plant is equipped with advanced monitoring systems that can be controlled locally and remotely. These systems include sensors for temperature, humidity, and solar radiation intensity, helping to optimize panel performance.
The Omkareshwar Dam Floating Solar Power Plant uses natural cooling methods and evaporation management to improve system efficiency and performance. These methods effectively reduce panel temperatures and decrease water evaporation, contributing to increased energy efficiency and water conservation.
The total cost of constructing the Omkareshwar Dam Floating Solar Power Plant is estimated to be around 3500 to 4000 crore rupees (approximately 45 to 50 billion dollars).
On average, the payback period for floating solar power projects is around 7 to 10 years. This period can vary depending on the project’s specific conditions and operational costs.
Land Savings: Using the lake surface for panel installation, instead of agricultural or residential land, helps save land usage.
Sustainable Energy Supply: Solar power generation helps reduce dependence on fossil fuels and lowers long-term energy costs.
Job Creation: This project helps create employment opportunities in local areas and develops industries related to renewable energy.
L&T Construction (Larsen & Toubro Limited) is the main contractor executing the Omkareshwar Dam Floating Solar Power Plant project. This company is one of India’s largest engineering and construction firms, known for its experience and technical capabilities in large-scale projects.
The project is financed through a combination of public and private sources.
NTPC Limited is the main government investor, providing a large portion of the funding. Additionally, the Asian Development Bank (ADB) and other international financial organizations have contributed to financing the project.
Throughout the entire project, approximately 3000 to 4000 employees, engineers, technicians, and specialists are directly and indirectly involved in the construction, installation, and commissioning of the power plant. This number may vary depending on the different project phases and the specific needs of each phase.
Given the large scale and key innovations of the Omkareshwar Dam Floating Solar Power Plant, this project is not only a significant achievement in renewable energy but also serves as an advanced model for other global projects. The unique design of this power plant, utilizing advanced solar panels and natural cooling systems, has contributed to increasing energy efficiency and optimizing water resources. This project, in collaboration with international organizations and considering environmental and economic challenges, takes a significant step towards a greener future and more sustainable energy. The bright outlook for this power plant promises further advancements in renewable energy and natural resource management, which can inspire other countries and projects.
The beginning of our activity goes back to 2012, since that time, with the expertise in the design, construction and installation of solar power plants, we wanted a superior position in this field.
The experienced and international team of the Nobana Parsian company, with a unique history in the renewable energy industry and with the aim of sustainable development of clean energy, is proud to have established its offices in Iran, Australia and the UAE.
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