Rewa solar power project

Rewa solar power project

Part of: GS- Prelims and GS-3: Infrastructure, Energy 

In News 

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

Key Takeaways 

• 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 
• 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).  
• This project will reduce carbon emission equivalent to approx. 15 lakh ton of CO2 per year, which is equivalent to planting 26 million trees. 

Do You Know? 

• The process of reverse auction in bidding for projects was tried for first time in India for this project 
• It has a purchase rate of 2.97 rupees per unit, which is the lowest rate till date. 
• International Finance Corporation, a World Bank group company, has invested close to $440 million or Rs 2,800 crore in the project 
• Bhadla Solar Park in Jodhpur district in Rajasthan has a capacity of 2,245 MW and Pavagada Solar Park in Tumkur district, Karnataka has a capacity of 2,050 MW