Rewa solar project

Relevance: Prelims: Governance

Why in news?

• Prime Minister Modi will dedicate to the nation the 750 MW Solar Project set up at Rewa, Madhya Pradesh on July 10, 2020.

About:

• This 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.

• This project will reduce carbon emission equivalent to approx. 15 lakh ton of CO2 per year.

• The Rewa Solar Project was the first solar project in the country to break the grid parity barrier.

• 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% of energy from the project with remaining 76% being supplied to the State DISCOMs of Madhya Pradesh.

• It has also received World Bank Group President’s Award for innovation and excellence.

 

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