The plant could have a capacity of 500MW and a total investment of $365.11m.
Bengal could have South Asia’s largest floating solar power plant with a capacity of 500MW and a total investment of $365.11m (INR 2,500 crore), the Times of India reports. According to sources, the Kangsabati river at Mukutmanipur could be the location for the project.
The German government-owned KfW is also keen to finance the project. The report noted that KfW representatives were present during chief minister Mamata Banerjee’s Germany tour in 2018.
KfW could also fund a 200MW ground-mounted solar power plant that could attract an additional investment of $145.99m (INR 1,000 crore).
The Ministry of New and Renewable Energy (MNRE) also announced a collaboration with KfW for the implementation of solar projects over water bodies.
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