Located in the central Indian state of Madhya Pradesh and operated by Rewa Ultra Mega Solar Ltd, it is the first solar project in the country to supply power to an inter-state open access customer.
Delhi Metro Rail Corporation (DMRC) will purchase 24% of the project’s electricity generation, while the state discoms will receive the remaining 76%, according to a statement released by state run Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL).
Spread over 1,590 acres, the Rewa plant is India’s first and, to date, only solar project to receive funding from the Clean Technology Fund, available at a rate of 0.25% for a 40-year period. It is also the first and the only solar park in India to obtain a concessional loan from the World Bank.
Read the full article on pv magazine India.