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News Brief | April 2016

MP solar project to light cheap power

Madhya Pradesh (MP) might produce the cheapest solar power in the world at the world´s biggest solar power project coming up in Rewa. Rewa Ultra Mega Power Limited, a joint venture between Solar Energy Corporation of India and MP Urja Vikas Nigam, is likely to float tenders soon after completing formalities and inking a pact with Delhi Metro Rail Corporation that will be the biggest buyer. The developers of this project can enjoy attractive loans from World Bank, with the Clean Technology Fund´s loan coming with an interest of just 0.25 per cent per annum.
Contact: Madhya Pradesh Urja Vikas Nigam
Tel: +91-755-2556566
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17 Oct 2016
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