Key Highlights
- Oriana Power Limited received purchase orders to develop a 234 MW floating solar PV project in Jharkhand.
- The project will be installed at the Maithon Dam reservoir of Damodar Valley Corporation.
- The total contract value is ₹1,180.53 crore including GST.
- The order includes supply of equipment, EPC services, and long term operation and maintenance.
- The project is expected to be one of the largest floating solar installations in India.
Oriana Power Limited has received purchase orders for the development of a 234 MW grid connected floating solar photovoltaic project at the Maithon Dam reservoir of Damodar Valley Corporation in Jharkhand. The project will be executed under the company’s Engineering, Procurement and Construction (EPC) segment, marking a major addition to its renewable energy project portfolio.
The total contract value of the order is ₹1,180.53 crore, including GST. According to the company, the order includes multiple contracts covering the supply of plant and equipment, EPC services, and long term operation and maintenance of the floating solar power plant.
Floating solar projects are being increasingly adopted across India as they allow solar installations on water bodies, reducing the need for large land areas while also improving solar panel efficiency due to natural cooling from water surfaces.
The Maithon Dam floating solar project is expected to be among the largest floating solar power installations in the country, highlighting the growing role of floating solar technology in India’s renewable energy expansion.
With this order, Oriana Power Limited continues to strengthen its presence in the renewable energy EPC sector, as demand for large scale solar power infrastructure projects rises across India.