Rewa Solar Project, one of the world's largest solar projects, has commenced production with full capacity from 03 January 2020 and the project has been selected among the best projects for the Prime Minister's Award for Innovation at the state level and for which the award would be announced on 'Civil Service Day' in New Delhi.
It may be noted that many innovations adopted in the project were the first in itself, due to which the project received the then-time minimum tariff of Rs 2.97 per unit, which was Rs 1.5 – Rs 2 lesser as compared to the tariff of Rs 4.50 -Rs 5.0 per unit from its contemporary projects.
For Viability Gap Funding institutions like NTPC and SECI supported. It is one of the largest single-site solar power plants in the world. The 750 MW Rewa Solar Project, in Rewa district of Madhya Pradesh, is spread over an area of 1590 hectares.
The developers of the three units of the project are Mahindra Renewable, ACME Solar Holdings Limited and Ericson Clean Energy respectively - the above developers were selected on the basis of bidding tariffs of Rs 2.979, Rs 2.970 and Rs 2.974 for the first year.
RUMS is leading three other solar power parks in the state, in which 1500 MW solar projects will be set up at Agar, Shajapur and Neemuch.
The project was selected for the Prime Minister's Award in the year 2017 for achieving minimum tariff for the first time.
