PM Narendra Modi will be
dedicating the 750 MW ultra mega solar power plant to the nation through video
conferencing. The Union Minister for Power and Renewable Energy RK Singh has
also been invited to attend the inauguration of the massive power plant.
The Rewa Ultra Mega Solar
Power Project is located in the Rewa district of Madhya Pradesh. It has a total
solar installed capacity of 750 MW. Spread over 1,590 acres of land, it is one
of the largest single-site solar power plants in Asia.
A joint venture company by
the name of Rewa Ultra Mega Solar Limited (RUMSL) was set up by the Solar
Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikash Nigam Limited
(MPUVNL) for the successful implementation of the project.
The total cost of the
project is expected to be around Rs 4000 crore. In January 2018, the World Bank
had approved a USD 30 million loans for the internal infrastructure of the
project.
The inauguration of the mega
solar power plants will be a forward step for India in realizing this goal and
shifting dependence on more environment-friendly and renewable energy sources.
The several benefits it adds
to the country are –
• They offer cost savings –
The biggest advantage of installing rooftop
solar panels is that they offer cost savings. The tariff rates for rooftop
solar in comparison to industrial and commercial tariff rates are cheaper by
17% and 27% respectively.
• It is a secure investment
Electricity prices keep on
fluctuating from time to time. So, it is difficult to calculate the expenditure
on electricity for a certain period of time. However, when it comes to
electricity generated by solar rooftops, the price of power generated can be
calculated easily. In fact, one can even calculate the cost of electricity
generation for another 10 years. In this way, it is a secure investment.
• Low maintenance cost –
The chief factor that
accentuates the importance of rooftop solar panels is that they require very
little maintenance. They come with a service life of over 20 years if
maintained properly.
• Suitable for Indian climate
Rooftop solar panels utilize
sunlight to convert it into electricity. India is situated at an ideal
geographical location and receives ample tropical sunlight. There are almost
300 sunny days with clear skies each year in India. Thus, rooftop solar panels
are ideal to be used here.
• It doesn’t require additional space for installation
One of the biggest
advantages of rooftop solar panels is that they can be installed on any type of
roof. So, people don’t need to vacate a land or invest in buying additional
land to set up rooftop solar panels. Furthermore, the panels offer protection
to the roof of the building in which they are installed.
To know more about prospects of starting a business in the Indian
market, get in touch with us on –
Website: https://www.makinindia.in/
Email ID: info@makinindia.in.
Call us on: +91
8828461868
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