Global Infrastructure SherpaOriana Power secures EPC contract for 234 MW floating solar plant in Jharkhand
Oriana Power secured an INR 1,180.53 crore contract for the supply of plant and equipment, EPC, and long-term operation and maintenance of a 234 MW grid-tied floating solar PV plant at the Maithon Dam Reservoir of Damodar Valley Corp.
Counterparts (2)
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- 234 MW floating solar capacity at Maithon Dam Reservoir.
- $1.18 billion contract value for EPC, supply, and long-term O&M.
- Damodar Valley Corp. (DVC), an integrated power and water utility, as developer.
- Oriana Power, with over 100 MW executed, takes on a 234 MW project.
Source Intelligence
The contract includes supply of plant and equipment, EPC, and long-term operation and maintenance. The scope of work includes design, engineering, supply, construction, erection, testing, and commissioning. The project is scheduled to be completed in 18 months. The total price comprises three individual contracts for supply of plant and equipment, EPC services, and long-term operation and maintenance. Quotes: "for the supply of plant and equipment, EPC, and long-term operation and maintenance", "The scope of work design, engineering, supply, construction, erection, testing, and commissioning of the floating solar PV plant, along with comprehensive operation and maintenance.", "The project is scheduled to be completed in 18 months.", "The total price of the contract (comprising three individual contracts for the supply of plant and equipment, EPC services, and long-term operation and maintenance) is INR 1,180.53 crore."
"Oriana Power has secured an INR 1,180.53 crore contract"
"at the Maithon Dam Reservoir of Damodar Valley Corp."
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