Indian Prime Minister Narendra Modi has formally inaugurated the country’s ultra mega Rewa solar park, a 750 megawatt capacity plant situated in the state of Madhya Pradesh, on the 10th of July 2020. The Prime Minster inaugurated the solar park via video conferencing and dedicated the plant to the nation.
The solar blitzkrieg in India has now attracted the world’s largest coal miner as well.
Earlier this month, Solar Energy Corporation of India issued a tender on behalf of Coal India Limited for setting up two solar power projects of 100 megawatts capacity each at the planned Neemuch-Mandsaur solar power park in the state of Madhya Pradesh.
SkyPower Global has found itself in a legal tussle with the government of Madhya Pradesh and could end up losing two of the three 50 megawatt solar power projects it won in the state’s competitive auction.
Rewa solar power park will receive debt finance at just 0.25% from the World Bank. A few weeks back, a competitive auction for the 750 megawatt (MW) solar power park in Rewa, Madhya Pradesh, yielded the lowest-ever tariff for a solar power project in India.
Mahindra Renewables was one of the successful bidders at India’s cheapest solar power auction for Rewa solar power park.
Three units of 250 megawatts solar power were awarded at a levellised tariff of 4.9¢/kWh in India.
India’s plans to implement ultra mega solar power projects has received a major boost following a commitment from the International Finance Corporation. The International Finance Corporation (IFC) has signed an agreement with the government of the state of Madhya Pradesh in India to set up a 750 MW solar PV … [continued]
SunEdison has made further in-roads into the Indian solar power market by finalising a landmark agreement to to sell 180 MW electricity from solar power plants. Tata Power Delhi Distribution Limited has signed a 20-year power purchase agreement with SunEdison. As per the agreement, SunEdison will supply 180 MW to the … [continued]
Global funds for India’s aggressive plan to install “ultra mega solar power plants” have begun to flow with the World Bank ready to support a 750 MW power plant, which is likely to become the largest solar power plant in the world. The project would require a total investment of about … [continued]
The stage for a massive solar power revolution in India is set and several local and international companies are lining up their business plans to take full advantage of this impending revolution. ACME Solar is one of those companies. ACME Solar recently secured fresh rights to develop 50 MW of solar … [continued]
