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PMSSY

"We've installed around 700MW so far, which is only a small fraction of what our reservoirs and water bodies could support," Upadhyay says. Image: Ciel & Terre.
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Can PM-SSY unlock India’s floating solar PV potential?

August 18, 2026
India’s PM-SSY targets 5GW of floating solar and storage, but execution and financing remain key challenges, says expert.
Larsen & Toubro's floating solar project will have a capacity of 75MW. Image: Tata Power
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India approves US$532 million floating solar and storage scheme targeting 5GW deployment

August 3, 2026
India approves US$531.7 million Pradhan Mantri Surya Sarovar Yojana (PMSSY) scheme for 5GW floating solar PV with co-located BESS deployment.
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