[ad_1]
New Delhi:
Prime Minister Narendra Modi will tomorrow dedicate to the nation a 750 MW photo voltaic mission at Madhya Pradesh’s Rewa, and Delhi Metro will probably be one in every of its institutional buyer exterior the state, the Prime Minister’s Office stated.
The mission contains three photo voltaic producing models of 250 MW every situated on a 500-hectare plot inside a photo voltaic park.
“This project will reduce carbon emission equivalent to approximately 15 lakh tonne of CO2 per year,” based on a PMO assertion.
Prime Minister Modi will dedicate the photo voltaic mission to the nation through video convention.
It is the primary renewable power mission to produce to institutional clients exterior the state, together with Delhi Metro, which can get 24 per cent of power from the mission. The remaining 76 per cent is being provided to the state distribution firms of Madhya Pradesh.
It additionally exemplifies India’s dedication to attaining the goal of gigawatt (GW) of put in renewable power capability by the 12 months 2022, together with 100 GW of photo voltaic put in capability, the assertion famous.
It is an instance of the superb outcomes that may be achieved because of synergy between the central and the state governments, it stated.
It was the primary photo voltaic mission within the nation to interrupt the “grid parity barrier”.
Compared to photo voltaic mission tariffs of roughly Rs 4.50 per unit in early 2017, the Rewa mission achieved the first-year tariff of Rs 2.97 per unit with a tariff escalation of Rs 0.05 per unit over 15 years and a levelised charge of Rs 3.30 per unit over the time period of 25 years, the assertion defined.
The Rewa mission has been acknowledged in India and overseas for its strong structuring and improvements. Its fee safety mechanism for decreasing dangers to energy builders has been advisable as a mannequin to different states by the Ministry of New and Renewable Energy, it stated.
It has additionally acquired World Bank Group President’s Award for innovation and excellence and was included within the Prime Minister”s ”A Book of Innovation: New Beginnings”.
The photo voltaic park was developed by the Rewa Ultra Mega Solar Ltd (RUMSL), a three way partnership of Madhya Pradesh Urja Vikas Nigam Ltd and Solar Energy Corporation of India, a central enterprise, the assertion stated.
Central monetary help of Rs 138 crore has been supplied to RUMSL for improvement of the park.
After the park was developed, Mahindra Renewables Private Ltd, ACME Jaipur Solar Power Pvt Ltd, and Arinsun Clean Energy Pvt Ltd have been chosen by RUMSL by way of reverse public sale for creating three photo voltaic producing models of 250 MW every contained in the photo voltaic park.
(Except for the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)
[ad_2]
Source link