Prime Minister e-Inaugurated 750 MW Rewa Ultra Mega Solar Power Project

Highlights:

  • Through video conferencing, Prime Minister of India Narendra Modi has inaugurated the 750 MW Rewa Ultra Mega Solar Plant on 10th July 2020. 
  • To date, the 750 MW Rewa Ultra Mega Solar Power Project is the largest single-site solar power project in Central India to date.
Rewa Ultra Mega Solar Power Project:
  • The Rewa Ultra Mega Solar Power Project is located in Gurh Tehsil of Madhya Pradesh’s Rewa district. 
  • It is spread over 1,590 acres of land.  
  • For the successful implementation of the Power Project, a Joint Venture Company between Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikash Nigam Limited (MPUVNL) was set up. 
  • The name of the Joint Venture Company is Rewa Ultra Mega Solar Limited (RUMSL).
  • The entire cost of the Solar Power Project is worth around Rs 4000 crore. 
  • International Finance Corporation (IFC) is the transaction adviser for the Solar Power Project.  
  • On 31st January 2018, the World Bank Group has approved a loan of USD 30 million (approx Rs 225 crore) for the internal infrastructure of the project.
  • Delhi Metro Rail Corporation is an institutional customer of the 750 MW Rewa Ultra Mega Solar Power Project. 
  • 24 percent of the power generated by the Rewa Ultra Mega Solar Plant will be supplied to Delhi Metro.