Rewa, a small town in Madhya Pradesh is now home to one of Asia’s large single-site solar parks. While it has been in operation since December 2019, the Indian Prime Minister Narendra Modi formally inaugurated the 750 MW capacity ultra-mega solar park on the 10th of July 2020 via a video conference and dedicated the plant to the nation.
In his inaugural address, the PM stressed on the need for India to be ‘Atma-Nirbhar’ in the solar energy space. Sighting India as one of the top 5 solar power producers in the world today, he reiterated that economic development and environmental sustainability should not be seen as two opposing entities.
Though the REWA solar park is not India’s first ultra-mega solar park, it has quite a few distinctive features to its credit.
- The park consists of three power plants of 250 MW capacity each. Each of these plants has been installed on a 500-hectare land area. Together, the REWA park adds up to 750 MW capacity in around 1590 hectares of land-thereby making it one of the largest single-site solar power plants in the country.
- The Centre has provided financial assistance to the tune of Rs.138 crore for the development of this park. This is also India’s first solar project to receive funding from the World Bank under its Clean Technology Fund (CTF). This has enabled the plant to achieve very low solar power park charges and tariffs compared to the other projects of similar capacities.
- It will be the first solar project in India where different categories of customers have contracted to buy power — Madhya Pradesh Power Management Company Limited (which will get 76% of the power from the plant) and the Delhi Metro Rail Corporation (24%).
- This project has achieved the World Bank Group President’s award for its excellence and innovation. It has also found mention in the Prime Minister’s “A Book of Innovation: New Beginnings.”
- And most importantly, it is anticipated that the solar park will help to reduce carbon dioxide emissions significantly (15 lakh tonnes annually) and can also help consumers to save on their energy-related expenses.
PM also stressed on the importance of solar by saying, “Solar power is Sure, Pure and Secure and hence, harnessing solar energy will be a mainstay for India”. The project will help India to achieve its target of 100 GW of solar power capacity by 2025.
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