India is all set to have world's largest 750MW solar power plant in Rewa district of Madhya Pradesh that will be completed next year on Independence Day. This will pip America's much vaunted 550 megawatt Desert sunlight solar project in California.
The state government is setting up the plant in a joint venture with Solar Energy Corporation of India. Acquisition of 1,500 hectares of land for the Rs 4000 crore project is close to completion and government agencies are likely to invite tenders from developers by April.
Speaking to TOI, additional chief secretary for new and renewable energy, SR Mohanty, said, "We are planning to inaugurate the plant on August 15, 2016. The plant will be developed in three segments of 250 MW each. Land acquisition will be over by end of month and over 90% land for the project is owned by government," he said.
The expected cost of power production is pegged at Rs 5 per/unit which would be lower than production costs in any solar project in the country, including the one at Neemuch in MP and Mehsana and Patan in Gujarat.
The plant is being set up in Gurh tehsil of Rewa district and will straddle five villages of Barseta.