India among top 5 nations in solar energy: PM Modi after dedicating 750 MW Solar Project
The project exemplifies India’s commitment to attain the target of 175 GW of installed renewable energy capacity by 2022.
New Delhi: Prime Minister Narendra Modi dedicates to the nation the 750 MW Solar Project set up at Rewa, Madhya Pradesh, via video conferencing.
“Today, Rewa has really created history. This place has been identified with mother Narmada and white tiger. Now the name of Asia’s largest solar power project has also been attached to it,” the Prime Minister said. “With this solar power project, the people of Madhya Pradesh and the industries set up here will not only get electricity, but even the metro rail in Delhi will get benefits from it. Apart from Rewa, similar work is underway at Shajapur, Neemuch and Chhatarpur,” the Prime Minister added.
“When all these projects are ready, Madhya Pradesh will definitely become a hub of cheap and clean electricity. The biggest benefit of this project will be to the poor, middle-class families, farmers and tribals of the state,” he said.
#LIVE: PM Modi inaugurates Asia’s largest Solar Power Plant in #MadhyaPradesh |#RewaSolar| https://t.co/9Vk3pcrQSD
— Newsroom Post (@NewsroomPostCom) July 10, 2020
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About the project
The project exemplifies India’s commitment to attain the target of 175 GW of installed renewable energy capacity by 2022.
The Project comprises of three solar generating units of 250 MW each located on a 500-hectare plot of land situated inside a solar park (total area 1500 hectare). The Solar Park was developed by the Rewa Ultra Mega Solar Limited (RUMSL), a joint venture company of Madhya Pradesh UrjaVikas Nigam Limited (MPUVN), and Solar Energy Corporation of India (SECI), a Central Public Sector Undertaking. Central Financial Assistance of Rs 138 crore has been provided to RUMSL for development of the Park.
The Rewa Solar Project was the first solar project in the country to break the grid parity barrier. This project will reduce carbon emission equivalent to approx. 15 lakh ton of CO2 per year.
The project has also received World Bank Group President’s Award for innovation and excellence and was included in the Prime Minister’s “A Book of Innovation: New Beginnings”.
“The project is also the first renewable energy project to supply to an institutional customer outside the State, i.e. Delhi Metro, which will get 24 per cent of energy from the project with remaining 76 per cent being supplied to the State DISCOMs of Madhya Pradesh,” the Prime Minister’s Office said.