Bhopal: The first meeting of the consultative forum of Rewa Ultra Mega Solar Project was held on August 2017 between Madhya Pradesh Power Management Company Limited (MPPMCL) and Delhi Metro Corporation Limited (DMRC), and representatives from three project developers — Mahindra Renewables, ACME Solar Holdings, Solengeri Power — and officers from Rewa Ultra Mega Solar Limited (RUMSL).
RUMSL chairperson Manu Srivastava highlighted the milestones achieved, such as handover of 90% of land, 60-70% completion of pooling substations, and expected completion of 400 kV substation before scheduled date, which is being developed by Power Grid. The members were satisfied with the pace of progress of the Solar Park, said a statement by the new and renewable energy department. The project developers appreciated RUMSL’s work in procuring land, providing auxiliary infrastructure, and facilitating power evacuation infrastructure.
Energy minister Paras Chandra Jain praised the commitment and efforts of procurer and developers to complete the project by the scheduled date. He underscored the uniqueness of the Rewa Project of being able to produce electricity at among the lowest rates without any subsidy. The project’s transaction structure and contracts have been adopted as a model at the national level, he pointed out.
DMRC chief engineer Manuj Singhal said that despite ISTS charges, electricity from the Rewa plant is cheaper than the power they are getting from DISCOMs.
Source: timesofindia.indiatimes
