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Telangana Considers Floating Solar Projects Amid Rising Power Demand

Telangana Considers Floating Solar Projects Amid Rising Power Demand
Telangana mulls floating solar projects to augment renewable energy · thehindubusinessline.com

Telangana needs more electricity because people and industries are using more power.

The State says peak demand has reached 18,543 MW.

Officials are considering placing solar panels on the surfaces of large reservoirs.

This is called floating solar power.

The Energy and Irrigation departments are studying whether these projects can work.

The government says floating solar plants cost more than regular solar projects.

Central funding could provide up to ₹1 crore for each megawatt, but a domestic-equipment requirement may increase costs.

Telangana hopes that changes to these conditions will encourage more investors.

Key facts

Current peak demand
18,543 MW
Peak demand in December 2023
15,000 MW
Potential project sites
Nagarjuna Sagar, Srisailam, Pulichintala, Sri Ram Sagar and Sripada Yellampalli reservoirs
Central viability-gap funding
Up to ₹1 crore per MW
Estimated additional equipment cost
About ₹1.30 crore per MW due to the domestic-manufacturing requirement
Annual agricultural power subsidy
Approximately ₹14,000 crore

Quotes

Mallu Bhatti Vikramarka

Telangana Deputy Chief Minister and Energy Minister

“Industrial growth and an increase in people’s purchasing power drove the rise in electricity demand. While the growing demand was a positive sign of the state’s development, there was also a need to strengthen power generation and distribution systems in line with the increasing requirement”
thehindubusinessline.com
“The Centre’s condition that domestically manufactured equipment must be used would cause an additional burden of about ₹1.30 crore per MW”
thehindubusinessline.com

Sources

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