India's largest solar power plant to come up in Madhya Pradesh -

India’s largest solar power plant to come up in Madhya Pradesh

Country’s largest ultra mega solar power plant (UMSPP) to come up in Madhya Pradesh’s Rewa district, a senior official said on Thursday.

It is proposed to produce 700 MW of electricity, with an investment of Rs 4,000 crore,

At Rs 5.40 paise per unit,electricity would be the lowest in the country,

This plant will be a joint venture among the state government and the Ministry of New and Renewable Energy, Power Grip Corporation and the Solar Energy Corporation of India and will come up on Thirteen hectares of land spread over four villages of Barseta, Ramnagar, Latar and Badwaar in Gurh tehsil of Rewa.

The country’s biggest solar plant with a capacity of 130 MW is situated in Neemuch district of the state.

Ministry for Renewable Energy is promoting generation of renewable energy by offering various fiscal and financial incentives such as capital and interest subsidy, concessional excise and customs duties to encourage Indian and foreign investors to invest in new renewable energy sector.

“Ultra mega solar power projects have been planned in Rajasthan, Gujarat, Madhya Pradesh and Jammu and Kashmir. The capacity will be directly proportionate to availability of land. On an average 1 MW of solar photovoltaic power project generates about 1.6 million units of electricity per annum,”