A floating 3 MW solar power project on the Meghadrigedda reservoir has been completed by the Greater Visakhapatnam Municipal Corporation (GVMC). Meghadrigedda is one of the key water resources providers in Visakhapatnam that supplies around 10 MGD of water to the city. Asian Development Bank has issued Rs 140 million for this floating solar endeavor as a part of the Visakhapatnam-Chennai Industrial Corridor Development Programme. The project was set up by a private firm based in Gurgaon.
By establishing a power plant on the reservoir, the GVMC could save 12 acres of land. The annual electricity output would be 4.2 million units which will help in saving 3,220 tonnes of carbon emissions and 54,000 tonnes of coal. With the support of anchors, the floats will gradually adapt to changes in water level. The project is anticipated to be profitable in five years.
Recently in July 2022, Bharat Heavy Electricals Ltd successfully commissioned a 100 MW floating solar photovoltaic plant at NTPC Ramagundam in Telangana. The components used in the solar plant will be indigenous contributing to the government’s “Make in India” campaign.