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Rewa solar park

India’s Madhya Pradesh unveils historic low tariff, 1.5 GW project

With the announcement of a historic low tariff of Rs 1.38 ($0.019) per unit for a rooftop PV project and a new 1.5 GW solar project, the Indian state of Madhya Pradesh has upped its solar game plan.

YES Bank lends $146.3 million to India’s Mahindra Renewables for 250 MW project

The project is part of the 750 MW Rewa solar park in India’s Madhya Pradesh. YES Bank has also reaffirmed its commitment to mobilize US$5 billion for financing solar power projects in India by 2030 with the International Solar Alliance (ISA) at the latter’s founding ceremony in New Delhi, held last week.

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