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