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Floating solar plants may lose viability in India due to cost pressure

Limited domestic availability of floats is a big challenge and the industry has to depend on European or Chinese suppliers

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Floating Solar  |  Jsw Energy  |  Ntpc

Amritha Pillay  |  Mumbai 

Efforts from state governments such as those of Maharashtra and Uttar Pradesh to develop floating solar plants might hit the financial-viability hurdle. Industry officials said that non-availability of the primary float structure in India make these projects an expensive option. Companies like JSW Energy have been planning to get into this business, while the Tatas and NTPC have already done pilots.

Limited domestic availability of floats, however, is a big challenge. The industry has to depend on European or Chinese suppliers, which is not cost effective. The ...

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First Published: Thu, July 12 2018. 00:28 IST
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