NTPC Limited and SAIL commissions floating solar project as captive power supplier to Bhilai steel mill

Friday, 26 September 2025 10:44:49 (GMT+3)   |   Kolkata

India’s power utility NTPC Limited and state-owned steel producer Steel Authority of India Limited (SAIL) have commissioned a 15 MW floating solar power project to provide captive power to the latter’s Bhilai Steel Plant (BSP) in the eastern state of Chhattisgarh, a company statement said on Friday, September 26.

Spread across 80 acres of the Maroda-1 reservoir and built for $125 million, the project will generate around 34.25 million units of clean electricity annually, it said. This power will be used by BSP as captive energy, reducing carbon dioxide emission by about 28,400 mt and saving nearly 23,000 mt of coal each year.

The company said that a second floating solar project of 35 MW is now in the planning stage on the Maroda-2 reservoir.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

Similar articles

Indian mills adjust ex-India HDG prices but overseas sales still limited to stray deals

India's Hi-Tech Pipes plans $68 million capex to expand tubes and pipe making capacities

India's SEPC Limited wins $90 million contract to build pellet plant at SAIL's IISCO mill

Indian HRC exporters target gradual hikes, but success limited so far

Local Indian rebar prices rise further, but market lacks clarity on bookings

Local wire rod quotations in Indian market - week 34, 2026

Local Indian CRC prices stable amid low buying activity by large industrial users

Local Indian HRC prices stable amid insufficient demand, mills still plan base price hikes

CEEW: India's green steel challenge shifts from supply to demand

India's RINL floats bloom export tender after previous billet export sales