Amp Energy India has signed a power purchase agreement (PPA) with Rewa Ultra Mega Solar Limited (RUMSL) in Madhya Pradesh to develop 100 MW/140 MWp capacity.
RUMSL is planning a 600 MW floating solar park at the Omkareshwar Reservoir. The project will be developed in a phase-wise manner, with 300 MW each to be developed in Phase 1 and Phase 2 at pre-identified locations at the Omkareshwar reservoir. The project will be developed under build, own, operate, transfer model for a fixed tariff of 25 years, and will generate about 198 million units per year. RUMSL has identified land for the development of the project on the reservoir and will lease space for the development of this floating solar park from NHDC Limited.