World’s largest solar photovoltaic plant of 750 MW to be built in Rewa district of Madhya Pradesh [ Current News (Concise) ]
Madhya Pradesh Cabinet gave its approval to build 750 megawatt (MW) solar photovoltaic (SPV) plant at Gurh tehsil in Rewa district. Solar photovoltaic plant to be developed in three phases of 250 MW, once completed will become the largest solar power plant in the world. Presently, the largest SPV plant is the Topaz Solar Farm (550 MW) in California’s San Luis Obispo county, US, which was established in 2014.
SPV plant will use photovoltaic (PV) technology to generate electricity from the sun and it is estimated to be completed by March 2017. The project estimated cost of 4500 crore rupees.
- Central Electricity Regulatory Commission announced the loan will be provided by World Bank and New and Renewable Energy Department of Madhya Pradesh government.
- MP government will also provide land for the project and the state government is also on the lookout for private land. The solar project in Rewa would be one of the first of the 25 solar parks planned in the country. There is a proposal to set up another 750 MW plant in Rewa.
- SPV plant will provide power at a price as low as 5.50 rupees per unit as against the 6.86 rupees per unit, which is the benchmark for levelised tariff of SPV for 2015-16.
- Once commissioned, Jabalpur-based Madhya Pradesh Power Management Company Limited will buy 40 per cent of power.
- Published/Last Modified on: May 5, 2015