MNRE SETS UP THE BIGGEST SOLAR POWER PLANT IN UTTAR PRADESH

The Hon’ble Prime Minister of India, Shri Narendra Modi, and the French President Mr Emmanuel Macron inaugurated Uttar Pradesh’s biggest solar power plant of 75 MW (101DC) capacity in Mirzapur on March 12, 2018. Built at a cost of around `528 crore, the 75 MW solar plant at Vijaypur village in Mirzapur, will generate 13 crore units of electricity per annum.

The power plant has been set up by the French firm ENGIE through a transparent bidding process under the Solar Park Scheme of the Ministry of New and Renewable Energy (MNRE), Government of India. The electricity generated by the project will be supplied by ENGIE at the rate of `4.43 per unit for a period of 25 years. Viability Gap Funding (VGF) for the project at the rate of `74.25 lakh per MW has been provided by the Government of India for the project. With the inauguration of 75 MW power plant in Mirzapur by the Prime Minister, the total capacity of solar power plants in Uttar Pradesh has gone up to 165 MW. Shri R K Singh, Union Minister of State (IC) for Power and New & Renewable Energy, said on this occasion that India is amongst the pioneering countries in promoting the use of solar power. India has set up an ambitious target of setting up of 1 lakh MW solar power plants in the country by 2022. He also said that in view of the progress made so far, nation will meet the target ahead of the schedule. The Power Minister said that solar energy is important for India’s energy security and the Government is working in a fast track mode in this direction.

Source: http://pib.nic.in/