MP awards contracts for cheapest solar power; Rly to draw from seven states
The Indian Railways would be tying up with a Madhya Pradesh government-owned entity to buy power from solar parks in the state but would draw it from the grid connectivity in seven states. Rewa Ultra Mega Solar Ltd (RUMSL) signed a letter of award for 1500 MW of solar power from Agar, Shajapur and Neemuch parks today.
NTPC Renewable Energy Ltd, Avaada Energy, Beempow Energy, Talettutayi Solar, TP Saurya and Aljomaih have bagged capacities in the three parks. The state discovered lowest tariff of Rs 2.140 a unit (kilowatt/hour) so far after applicability of basic customs duty (BCD) regime. This was for Unit-2 of Neemuch solar park. For other two units of Neemuch solar park, tariffs were Rs 2.149 for Unit-1 and Rs 2.150 for Unit-3.
