“Ever imagined solar panels floating on water? Vikram Solar and L&T are making it happen with a 75 MW plant at Panchet Dam!”

Project Details and Scope The floating solar plant will be installed on the Panchet Dam reservoir, tapping into underutilized water surface to generate clean energy without consuming additional land. Key highlights: - Capacity: 75 MW - Location: Panchet Dam, Jharkhand - Client: PT&D business, L&T Construction - Integration: Floating platform design combined with advanced PV technology. Vikram Solar’s Expertise Vikram Solar brings proven capabilities to the partnership, having executed and commissioned over 275 solar projects across India, with a cumulative capacity of 1.03 GW as of March 31, 2024. Their end-to-end EPC competence spans: - Proprietary manufacturing of PV modules - Balance-of-systems procurement and design - Concept-to-commissioning project management - Commissioning of India’s first floating solar plant at Smritiban, Kolkata. Strategic Significance By leveraging Vikram Solar’s modules and engineering prowess, L&T Construction aims to accelerate deployment of floating solar technology and strengthen India’s renewable energy target of 500 GW by 2030. Floating systems enhance efficiency by cooling modules naturally and reducing water evaporation—key advantages in water bodies across eastern India. Partnership Impact This collaboration underscores a growing industry trend: EPC giants like L&T partnering with specialized module manufacturers to fast-track large-scale renewable installations. It also lays the groundwork for future floating solar projects under the Ultra Mega Renewable Energy Power Park initiative.