MNRE ropes in Germany-based KfW Development Bank to fund two floating solar projects

Last Modified: Sat Jul 16 2016 16:12:40 GMT+0530 (India Standard Time)
  • 2
    large floating solar projects will be built in Maharashtra and Kerala. The projects will be funded by Germany-based KfW Development Bank. These "showcase projects" would demonstrate the technical viability of large floating solar projects.
  • Rs 300 crore
    estimated initial investment.
  • 40 MW
    of floating solar capacity would likely to be set up.
  • 310 GW
    generation capacity that can be set up using floating solar parks according to initial estimates.