Logo


Madhya Pradesh to provide state guarantee for 750 Mw Rewa ultra mega solar project

RFP to be invited in September

Tata Power acquires Welspun's renewable energy assets
Representative image

ToensureviabilityofitsultramegasolarenergyparkatRewa,theMadhyaPradeshgovernmentwillextendastateguaranteetotheflagshipproject.Billedastheworld’slargestcontiguoussolarpark,theprojectentailsaninvestmentofRs7,500crore. TheguaranteewouldensureagainstadefaultinpaymenttoRewaUltraMegaSolar(RUMS),ajointventureofthestate’sUrjaVikasNigamandtheUniongovernment’sSolarEnergyCorporationofIndia. ThestateCabinetislikelytoapprovetheguaranteethisweek.Theparkisexpectedtohaveacapacityof750 ...