With the announcement of a historic low tariff of Rs 1.38 ($0.019) per unit for a rooftop PV project and a new 1.5 GW solar project, Madhya Pradesh has upped its solar game plan.
Madhya Pradesh recently floated a tender for the implementation of grid connected rooftop solar PV projects under the RESCO (renewable energy service company) Model. Manu Srivastava, principal secretary and commissioner, New and Renewable Energy Department, Government of Madhya Pradesh, and managing director of Madhya Pradesh Urja Vikas Nigam (MPUVNL), speaks to pv magazine about the tender and initiatives taken by the state government.
Mahindra Renewables has been awarded a 250 MW solar PV project in the Rewa district of Madhya Pradesh. It will receive financing to the tune of around US$50 million from the International Finance Corporation (IFC).
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