India- Solar super power!

[karthik25]

 

[karthik25]

New Delhi: Prime Minister Narendra Modi is set to inaugurate Asia’s largest 750-megawatt (MW) Rewa ultra-mega solar power project in Madhya Pradesh on 10 July.

Rewa Ultra Mega Solar Ltd, a joint venture of Madhya Pradesh Urja Vikas Ltd and SECI, is the implementation agency for the project under MNRE. The ministry had approved the project under its solar park scheme and allocated a fund of Rs 12 lakh per MW.

What makes this project so different from the rest?

It is one of the largest single-site solar power plants in India and the world developed on 1,590 hectare of land in Gurh tehsil of Rewa district.

The project will have three units of 250 MW each.

Mahindra Renewables, ACME Solar Holdings, and Solengeri Power emerged as the winners for the project’s three units at tariffs of Rs 2.979, Rs 2.970, and Rs 2.974, respectively, for the first year.

International Finance Corporation (IFC), part of World Bank group, has invested close to $440 million or Rs 2,800 crore in the project.

The project would lead to avoiding 15.4 lakh tonnes of carbon dioxide generation every year.

Power Grid Corporation of India has developed the 220/400 KV inter-state transmission system under green corridor to facilitate evacuation of power from the project site to consumers.

The project includes 3 X 33/220 KV pooling sub-stations constructed through a World Bank loan for evacuation of power.

A project of many firsts in India

It is the first such solar project in India which consists of different categories of offtakers -- MPPMCL and discoms being the licensed utilities and DMRC being an open access consumer.

It is also the first project to get funding from The World Bank and Clean Technology Fund in India. With this, The World Bank has funded its first solar park in the country.

The process of reverse auction in bidding for projects was tried for first time in India under this project.

It comprises three-tier payment security mechanism, another first in India.

[karthik25]

Who will be the power buyers?

It has two offtakers, Madhya Pradesh Power Management Company Limited (MPPMCL) and Delhi Metro Rail Corporation (DMRC).

MPPMCL is the holding company of the three discoms in the state and is responsible for the bulk power purchase of the three discoms. MPPMCL will be getting 76 per cent of the power produced from the plant.

DMRC will get 24 per cent of the power produced and would cater to almost 90 per cent of its day requirements.

[karthik25]

[TrollBait]

lol

[karthik25]

We'll edge out Chinese gear in 3-5 years: Gautam Adani

Gautam Adani is confident about funding the expansion to become the world’s top energy firm.

NEW DELHI: Chinese solar equipment imports, which have a 90% share in the Indian market, will plummet to negligible levels in 3-5 years, leading industrialist Gautam Adani told ET after his company won a major tender to set up 8 GW of manufacturing-linked solar energy projects with an investment of Rs 45,000 crore.
Adani said his group is talking to potential equity and strategic partners for solar equipment manufacturing, where technology is rapidly changing. He said the group has a track record of being the only Indian business house with a series of 50:50 ventures with international players such as Total and Wilmar.

Adani Green Energy, which won the tender, aims to become the world leader by 2025 with a capacity of 25 GW, which will exceed the thermal capacity of Adani Power that would be 18-20 GW by then.

The latest tender, which involves 8 GW of solar power and 2 GW of solar cell and module manufacturing capacity, will create 400,000 jobs.

Adani said the country was rapidly moving towards self-reliance in the sector. “The 90% import of Chinese equipment will fall to 50%, and ultimately zero. In 3-5 years, it will be negligible,” Adani said.

[TrollBait]

5 minutes ago, karthik25 said:

We'll edge out Chinese gear in 3-5 years: Gautam Adani

Gautam Adani is confident about funding the expansion to become the world’s top energy firm.

NEW DELHI: Chinese solar equipment imports, which have a 90% share in the Indian market, will plummet to negligible levels in 3-5 years, leading industrialist Gautam Adani told ET after his company won a major tender to set up 8 GW of manufacturing-linked solar energy projects with an investment of Rs 45,000 crore.
Adani said his group is talking to potential equity and strategic partners for solar equipment manufacturing, where technology is rapidly changing. He said the group has a track record of being the only Indian business house with a series of 50:50 ventures with international players such as Total and Wilmar.

Adani Green Energy, which won the tender, aims to become the world leader by 2025 with a capacity of 25 GW, which will exceed the thermal capacity of Adani Power that would be 18-20 GW by then.

The latest tender, which involves 8 GW of solar power and 2 GW of solar cell and module manufacturing capacity, will create 400,000 jobs.

Adani said the country was rapidly moving towards self-reliance in the sector. “The 90% import of Chinese equipment will fall to 50%, and ultimately zero. In 3-5 years, it will be negligible,” Adani said.

ok. some good news then.

[Hitman]

22 minutes ago, TrollBait said:

lol

[TrollBait]

Just now, Hitman said:

this is not even news. Chinese have reduced solar cell rates to paathaalam. 

If it was me, I would simply buy from the chinese and take advantage of their stupidity in lowering prices in this sector.

but if manufacturing in India can build industrial capacity and skill that can be leveraged for other tech, its a decent move may be.

but the news about being solar super power is just laughable. everyone is claiming it these days. PR nonsense.

[Kootami]

28 minutes ago, TrollBait said:

lol

right on point . Expected reply

[TrollBait]

Just now, Kootami said:

right on point . Expected reply

I'm not gorrey type kadha.

[psycothaatha]

6 minutes ago, TrollBait said:

I'm not gorrey type kadha.

pig type then?

[manadonga]

Hydel penchali 

checkdams katti 

home solar penchali instead of ila bayata pette kanna 

govt offices ki solar power vachhettu cheyyali 

[psycothaatha]

2 hours ago, TrollBait said:

this is not even news. Chinese have reduced solar cell rates to paathaalam. 

If it was me, I would simply buy from the chinese and take advantage of their stupidity in lowering prices in this sector.

but if manufacturing in India can build industrial capacity and skill that can be leveraged for other tech, its a decent move may be.

but the news about being solar super power is just laughable. everyone is claiming it these days. PR nonsense.

thankfully its not so

[Kool_SRG]

6 hours ago, karthik25 said:

New Delhi: Prime Minister Narendra Modi is set to inaugurate Asia’s largest 750-megawatt (MW) Rewa ultra-mega solar power project in Madhya Pradesh on 10 July.

How come this being considered as Asia's largest when already 2000 MW Solar Park is there in Pavagada in Tumkur District, Karnataka