Prime Minister Narendra Modi on Friday afternoon inaugurated a 750MW solar project in Madhya Pradesh’ Rewa, while dedicating it to the nation. The prime minister completed the inauguration through video conferencing due to the COVID-19 situation. He was joined by state chief minister Shivraj Singh Chouhan and several union ministers.

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“Not just for the present, solar energy will be a medium of energy needs of the 21st century because solar power is sure, pure and secure,” Prime Minister Modi said after dedicating the plant to the nation.

He said that the plant will benefit India in several ways with even Delhi metro deriving energy from it.

“With this solar plant at Rewa, the industries here will not only get electricity, but even the metro rail in Delhi will get its benefits. Apart from Rewa, work is underway on solar power plants in Shajapur, Neemuch and Chhatarpur,” PM Modi said.

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The project comprises three solar generating units of 250 MW each located on a 500-hectare plot inside a solar park. This project will reduce carbon emission equivalent to approximately 15 lakh tonne of CO2 per year, the PMO believes. 

It is the first renewable energy project to supply to institutional customers outside the state, including Delhi Metro, which will get 24 per cent of energy from the project. The remaining 76 per cent is being supplied to the state distribution companies of Madhya Pradesh.

It was the first solar project in the country to break the "grid parity barrier". Compared to solar project tariffs of approximately Rs 4.50 per unit in early 2017, the Rewa project achieved the first-year tariff of Rs 2.97 per unit with a tariff escalation of Rs 0.05 per unit over 15 years and a levelised rate of Rs 3.30 per unit over the term of 25 years, an earlier statement had explained.