Actis Energy Fund-backed Arinsun Clean Energy, a subsidiary of Solenergi Power (SPPL), will develop a 250-megawatts (Mw) solar park at a cost of $200 million. International Finance Corporation (IFC) is planning to back the project, which will be located at the 750-Mw Rewa Ultra Mega Solar Park in Madhya Pradesh.
The solar park is located across five villages, namely, Badwar, Barsaita Desh, Barsaita Pahad, Etar Pahad and Ramnagar Pahad under Gurh Tehsil in Rewa District, Madhya Pradesh.
The solar park is equally divided into three units, each of which will have a 250-Mw solar power plant.
SPPL has won project development rights for