GVMC to expand floating solar power projects

The Greater Visakhapatnam Municipal Corporation (GVMC) is planning to significantly expand its floating solar power projects on the Mudasarlova and Meghadri Gedda reservoirs in Vizag city. This expansion aims to harness the vast underutilised water bodies for sustainable energy generation and reduce the reliance on conventional power sources.
The GVMC has already established two successful floating solar power projects, a 2 MW plant on Mudasarlova reservoir in 2018 and a 3 MW plant on Meghadri Gedda reservoir in 2022. These projects have demonstrated the feasibility and benefits of utilising water bodies for solar energy production.
With the proposed expansion, the GVMC intends to capitalize on the extensive surface area available on both reservoirs, estimated at 600 acres. The additional solar panels will not only boost power generation but also contribute to the city’s environmental goals by reducing the demand for land-based solar installations.
Apart from generating clean energy, floating solar panels offer an additional advantage of minimizing water evaporation from the reservoirs. This is particularly crucial in water-scarce regions like Visakhapatnam, where water conservation is paramount.
Recognizing the potential of floating solar technology, the GVMC is seeking a transaction advisor to guide the development process. The advisor will conduct a feasibility study, develop a business plan, structure the project, and assist in bid management.
Experts in the field of renewable energy have lauded the GVMC’s initiative, highlighting the efficiency and environmental benefits of floating solar power plants. By mounting solar panels on floating structures, the technology not only optimizes power generation but also conserves water resources.