Six Public Sector Units (PSUs) have signed a Memorandum of Understanding (MoU) that will lead towards setting up of the World’s largest 4000 MW ultra solar power project in Rajasthan.
Percentage contribution towards project
SECI (Solar Energy Corporation of India)
Sale of electricity
SSL (Sambhar Salt Ltd)
Power evacuation infrastructure
SJVNL (Satluj Jal Vidyut Nigam)
REIL (Rajasthan Electronics & Instruments Ltd)
Operation and maintenance
The project will be the largest single location solar plant and will be on 19000 acres at Sambhar in Rajasthan. The project will be developed in two phases in 7 to 8 years.
In the first phase of the project 1000 MW will be made operational within three years and the remaining 3000 MW will be covered in the next subsequent phases. The First phase will require an investment of 7500 crore rupees. The department of heavy industry will set up a Special Purpose Vehicle (SPV) for the investment.