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Indias Furious Pace Of Uptake


As PES was going to print, a cabinet meeting chaired by the Chief Minister of India’s Madhya Pradesh, Mr Shivraj Singh, approved the proposal for commissioning the world’s largest solar power plant in the Rewa District. We take a look at the shining star of the solar world.

As per projects announced until now, once commissioned, the proposed Solar Park would be the world’s largest solar PV power plant, with a total solar installed capacity of 750 MW. Acquisition of 1,500 hectares of land for the Rs45 billion ($750 million) project is said to be close to completion.112.000 Solarmodule auf 800 Metern Höhe / 112,000 solar modules at an elevation of 800 meters
Slowly but steadily, Madhya Pradesh has been upping its game by creating a solar friendly investment climate, currently placed third after Gujarat and Rajasthan in terms of solar power installed capacity. Earlier we’d reported on how the project had received a pledge of low cost financing support from the World Bank, to an extent of 49% of the project cost.

The state government has floated a joint venture with the Solar Energy Corporation of India (SECI), to develop the power plant as a solar park. The entire capacity will be completed in three tranches of 250 MW each. In fact, SECI has plans to inaugurate the plant just in time for the 2016 Independence Day celebrations in India.

Once completed, the project is expected to generate about 1.25 billion units of electricity every year, offsetting about 1 million tonnes of CO2 emissions.

 

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