Tamil Nadu Floating Solar Project

March 10, 2022

A floating solar project at Thoothukudi in Tamil Nadu has been set up by leading fertilizer manufacturer Southern Petrochemical Industries Corporation Ltd (SPIC) at an estimated cost of Rs 150.4 crore.

Overview:

The unit was inaugurated by Chief Minister M K Stalin and is claimed to be India’s largest and first floating power plant in Tamil Nadu.
AM International Holdings Ltd, Singapore, built the state-of-the-art 25.3 megawatts DC/22 megawatts AC floating solar power plant as part of its efforts to maximize energy output in industrial plants on a sustainable basis. SPIC Ltd is a part of Singapore-based AM International Holdings Ltd.
Greenam Energy, a wholly-owned subsidiary of AM International, owns this project.
The floating islands and supply floats were designed, engineered, and anchored by SPIC Ltd in collaboration with Ceil and Terre, a global leader in floating solar power.
The construction activities were taken up by EDAC Engineering Ltd., another company of the AM International Group.
Yearly, this plant can generate 42.0 million units of electricity.

About Southern Petrochemical Industries Corporation Ltd

SPIC is a petrochemicals firm based in India and is headquartered in Chennai. The company was founded on December 18, 1969, and became a joint venture between the M. A. Chidambaram Group and TIDCO in 1975. In 1992, the government sold its stake. Its main area of expertise is fertilizers. It has operations in oil, power, natural gas, biotechnology applications in agriculture, and pharmaceuticals. The government of Tamil Nadu has been the company’s biggest client.

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