Remote area electrification is a major concern for a government of any developing nation. India is also working for it but despite continuous efforts towards remote area electrification, several thousand households in India are un-electrified. Several schemes have been launched by Government for electrification of such areas through grid extension but still many areas have not been covered under the proposed schemes due to economic, environmental and geographical reasons. Narayanpur district in Chhattisgarh state of India has un-electrified regions and various issues like poor literacy, untreated water facility and lack of access to communication networks. In order to find viable option of electricity supply to this region, a case study has been performed for the feasibility of off-grid floating photovoltaic (PV) system, on-ground PV system and grid extension along with their comparative analysis with respect to certain parameters i.e. net present value (NPV), cost of energy (CoE), environment cleanliness and social acceptance. Floating PV and onground PV systems have been designed and simulated using System Adviser Model (SAM) software developed by National Renewable Energy Laboratory (NREL), USA. The results show that floating PV system has lowest CoE of $0.0598/kWh and least negative NPV of $185,431 as compared to other two options. However, it is found that floating PV system achieves positive NPV of $38,968 in 28th year of project life.