India Is Planning a $49 Million Floating Solar Plant

(Bloomberg) -- Tata Power Solar Systems Ltd., a unit of Tata Power Co., received an order to build a 105 megawatt-peak floating solar plant in the southern Indian state of Kerala, the company said in a stock exchange filing.

The 3.43 billion rupee ($49 million) project will be built on the reservoir of NTPC Ltd.’s naphtha-fired plant in Kayamkulam and commissioned within 21 months, the company said. The order also includes operations and maintenance of the plant for three years, according to the statement.

©2019 Bloomberg L.P.