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The Madhya Pradesh government today said that the 130 MW solar power project of Welspun Solar Madhya Pradesh Pvt Ltd, a subsidiary of Welspun Group, was ready for commissioning in state's Neemuch district.
The 130 MW project, has been set up with an investment of Rs 1,100 crore. It is expected to start supplying power to the grid and the Madhya Pradesh power management company, soon.
"One of the country's first biggest solar power plant has been completed within eight months. It has been established on non-agricultural and barren land area of 300 hectares," a state government official said.
The official said that the company had clinched the project through bidding process at Rs 8.05 per unit.
The company, the official added, bagged 130 Mw of the total 299 Mw power auctioned by the state government.
"There will be two photovoltaic projects - one of 100 Mw and the other of 30 Mw capacity," the official said. The state invited investment in solar power to attain grid parity. Grid parity means solar power tariff equalling that of thermal power. The state has received investment from 54 different projects for a total of 254 Mw solar power and by March, the official said, the capacity would reach 354 Mw.
