PM Modi to inaugurate Asia’s largest 750-MW Rewa Ultra Mega Solar Power Project on July 10

New Delhi: Prime Minister Narendra Modi is set to inaugurate Asia’s largest 750 MW Rewa Ultra Mega Solar Power Project in Madhya Pradesh’s Rewa district on July 10, 2020 through video conferencing. This announcement was made by Madhya Pradesh Chief Minister Shivraj Singh Chouhan.

The project is spread over 1,590 acres of land. It is one of the largest single-site solar power plants in Asia. A joint venture company by the name of Rewa Ultra Mega Solar Limited (RUMSL) was set up by the Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikash Nigam Limited (MPUVNL) for the successful implementation of the project. The total cost of the project is expected to be around Rs 4000 crore. In January 2018, the World Bank had approved USD 30 million loan for the internal infrastructure of the project. The project will have three units of 250 MW each. The project would lead to avoiding 15.4 lakh tonnes of carbon dioxide generation every year.



Mahindra Renewables, ACME Solar Holdings, and Solengeri Power emerged as the winners for the project’s three units at tariffs of Rs 2.979, Rs 2.970, and Rs 2.974, respectively, for the first year. International Finance Corporation (IFC), part of World Bank group, has invested close to $440 million or Rs 2,800 crore in the project. Power Grid Corporation of India has developed the 220/400 KV inter-state transmission system under green corridor to facilitate evacuation of power from the project site to consumers.The project includes 3 X 33/220 KV pooling sub-stations constructed through a World Bank loan for evacuation of power.It has two offtakers, Madhya Pradesh Power Management Company Limited (MPPMCL) and Delhi Metro Rail Corporation (DMRC).MPPMCL is the holding company of the three discoms in the state and is responsible for the bulk power purchase of the three discoms. MPPMCL will be getting 76 per cent of the power produced from the plant.DMRC will get 24 per cent of the power produced and would cater to almost 90 per cent of its day requirements.