Power Grid Corporation of India Limited (PGCIL) and Rewa Ultra Mega Solar Limited (RUMSL) signed Project Management (PMC) agreement on Friday here at the State Mantralaya. The agreement was signed by Rajeev Ranjan Meena, Chief Executive Officer (CEO), RUMSL & Managing Director (MD), MPUVN on behalf of RUMSL & TC Sharma, Executive Director (ED) PGCIL on behalf of PGCIL.

RUMSL is a JV company of MP Urja Vikas Nigam, GoMP and Solar Energy Corporation India, GoI. RUMSL has successfully executed 250 MW and 750 MW solar project in district Mandsaur and Rewa respectively. RUMSL has been authorized by Ministry of New and Renewable Energy (MNRE) to develop 550 MW Agar Solar Park, 500 MW Neemuch Solar Park, and 450 MW Shajapur Solar Park. RUMSL will develop internal evacuation infrastructure for the solar parks for power evacuation. Power Grid Corporation of India (PGCIL), India’s largest transmission utility, will provide their PMC support to RUMSL for the successful execution of the solar parks.

The event was graced by auspicious presence of Harsh Yadav, Minister for New and Renewable Energy Department, GoMP. Manu Srivastava,Principal Secretary of New and Renewable Energy Department, GoMP informed that signing of the PMC agreement for 1,500 MW upcoming solar parks in Agar, Shajapur and Neemuch is an essential step towards fulfilling Chief Minister’s mission to make Madhya Pradesh a leader amongst the RE rich state in nation and to conserve environment.

Minister of New and Renewable Energy, GoMP Harsh

Yadav congratulated the officers of RUMSL for achieving this milestone and showed confidence that RUMSL will create history in the Agar Shajapur Neemuch project as well. Meena assured that with the joint efforts of RUMSL & PGCIL the project will be completed within the expected timelines.

World Bank is providing a loan of US$100 million through IREDA for financing infrastructure of Solar Parks in India. The first solar parks in the country to be supported under the World Bank Funding Scheme have been 750 MW Rewa Ultra-Mega Solar Park and 250 MW Mandsaur Solar Park in Madhya Pradesh. The World Bank has given their in-principal approval for financing the three solar parks in the State.

The solar parks of 1,500 MW capacity are in the advanced stage of planning and the competitive bidding will be conducted soon. Additionally, feasibility studies are being done for Ultra Mega Renewable Energy Power Park (UMREPP), including floating solar parks, with total capacity of 2,000 MW to be set up in the State.