The project has also received World Bank Group President`s Award for innovation and excellence and was included in the Prime Minister`s "A Book of Innovation: New Beginnings".
Prime Minister Narendra Modi inaugurated the 750 MW Solar Project, considered to be largest in Asia, set up at Rewa, Madhya Pradesh on Friday. The inauguration ceremony took place through video-conferencing.
"With this solar plant at Rewa, the industries here will not only get electricity, but even the metro rail in Delhi will get its benefits. Apart from Rewa, work is underway on solar power plants in Shajapur, Neemuch and Chhatarpur," PM Modi said at the inauguration ceremony.
"Not just for the present, solar energy will be a medium of energy needs of the 21st century because solar power is sure, pure and secure," PM Modi added.
Modi further said that the biggest beneficiaries of this solar power project would be the poor, middle-class families, farmers, and tribals of the state.
The project exemplifies India`s commitment to attain the target of 175 GW of installed renewable energy capacity by 2022.
The Project comprises of three solar generating units of 250 MW each located on a 500-hectare plot of land situated inside a solar park (total area 1500 hectare). The Solar Park was developed by the Rewa Ultra Mega Solar Limited (RUMSL), a joint venture company of Madhya Pradesh UrjaVikas Nigam Limited (MPUVN), and Solar Energy Corporation of India (SECI), a Central Public Sector Undertaking.
Central Financial Assistance of Rs 138 crore has been provided to RUMSL for development of the Park.The Rewa Solar Project was the first solar project in the country to break the grid parity barrier.
This project will reduce carbon emission equivalent to approx. 15 lakh ton of CO2 per year.
The project has also received World Bank Group President`s Award for innovation and excellence and was included in the Prime Minister`s "A Book of Innovation: New Beginnings".
"The project is also the first renewable energy project to supply to an institutional customer outside the State, i.e. Delhi Metro, which will get 24 per cent of energy from the project with remaining 76 per cent being supplied to the State DISCOMs of Madhya Pradesh," the Prime Minister`s Office said.
(With ANI inputs)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
 "Narendra Modi")
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}