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Current Affairs

Rewa Solar Power Plant

Date: 12 July 2020 Tags: Energy

Issue

The 750- megawatt Rewa solar Power Plant in Madhya Pradesh was dedicated to the nation by Prime Minister Narendra Modi.

 

Background

The solar plant was set up by the Rewa Ultra Mega Solar Limited, a joint venture between Madhya Pradesh Urja Vikas Nigam Limited and the Centre’s Solar Energy Corporation of India (SECI).

 

Details

  • The plant consists of three solar power generating units that are located on a 500-hectare plot of land inside a 1,500-hectare solar park.

  • Mahindra Renewables Pvt, Arinsun Clean Energy Pvt, and ACME Jaipur Solar Power Pvt are the three companies that bagged the mandate to build the three generating units.

  • The 750-MW solar plant is quite large in terms of scale and is expected to reduce the country’s emission drastically, by an amount equivalent to 15 lakh tonne of carbon dioxide annually. But while it is one of the largest single-site solar power plants in India, it is not the largest in Asia.

  • The distinction of the world’s second-largest photovoltaic power station goes to the Bhadla Solar Park, with a capacity of 2,245 MW, in Jodhpur district in Rajasthan, and the Pavagada Solar Park in Tumkur district, Karnataka, which has a capacity of 2,050 MW.

  • The project has three units of 250 MW each. The process of the reverse auction in bidding for projects was tried for the first time in India for this project.

  • International Finance Corporation, a World Bank group company, has invested close to $440 million or Rs 2,800 crore in the project.

  • This is the first solar project in India where different categories of customers have contracted to buy power. It is also the first project to get funding from The World Bank and Clean Technology Fund in India.