TrueRE Oriana Power has secured the Damodar Valley Corporation’s (DVC) engineering, procurement, and construction contract to set up a 234 MW grid-connected floating solar project on the reservoir of DVC Maithon Dam in Jharkhand. The project is valued at approximately ₹11.81 billion (~$128.590 million). It must be completed within 18 months.The tender was floated in May 2025. Once operational, the project will generate approximately 500 million kWh of electricity annually.
