Prime Minister Narendra Modi on Friday inaugurated Asia’s largest solar power plant via video conferencing in Rewa district of Madhya Pradesh. The 750MW ultra mega solar power plant, spread over 1,590 acres of land will reduce emission equivalent to approximately 15 lakh tonne of carbon dioxide every year. comprises three solar generating units of 250 MW each located on a 500-hectare plot of land inside a solar park with a total
“Rewa Solar Project is an example of the excellent results that can be achieved if there is a synergy between central and state governments,” the Centre said in a release.
“Today, Rewa has really scripted history. Rewa is identified with the name of mother Narmada and the white tiger. Now, the name of Asia’s largest solar power project has also been added,” he said.
“I congratulate the people of Rewa and Madhya Pradesh and give them my best wishes. This solar plant of Rewa will help in making this entire area a big centre of energy in this decade,” he added.
Madhya Pradesh’s Governor Anandiben Patel, chief minister Shivraj Singh Chouhan, Union minister of new and renewable energy RK Singh and oil minister Dharmendra Pradhan were among those present during the inauguration virtually.
Mahindra Renewables, ACME Solar Holdings, and Solengeri Power emerged as the winners for the project’s three units at tariffs of Rs 2.979, Rs 2.970, and Rs 2.974, respectively, for the first year.
International Finance Corporation (IFC), part of World Bank group, has invested close to $440 million or Rs 2,800 crore in the project.
The project would lead to avoiding 15.4 lakh tonnes of carbon dioxide generation every year.
Power Grid Corporation of India has developed the 220/400 KV inter-state transmission system under green corridor to facilitate evacuation of power from the project site to consumers.
The project is the first renewable energy project to supply to an institutional customer outside the state, the Delhi Metro Rail Corporation (DMRC). It will get 24% of energy from the project with the remaining 76% being supplied to the state discoms of Madhya Pradesh.