When: 26 February 2014
The largest 130-MW Solar Power Plant of India Welspun Solar MP Project was launched at Bhagwanpur in Neemuch, Madhya Pradesh on 26 February 2014. It is also the Asia's Largest Solar Power Plant.
The Welspun Solar MP project was constructed at a cost of 1100 crore rupees on 305 hectares of land. It will supply power at 8.05 rupees a kWh.
This Project will raise Indian solar capacity by 7 percent.
About Solar Power Capacity of India
The Union Government launched the Jawaharlal Nehru National Solar Mission (JNNSM) in 2010. India currently has a grid-connected solar-power capacity of 2208 MW.
The JNNSM aimed for India to reach an installed capacity of 20000 MW (or 20 gigawatts) of solar power by 2022.
The production cost of solar power in India has fallen by more than half in recent years, from 17 rupees per kilowatt-hour (kWh) three years ago to 7.50 rupees per kWh now. But these costs are still high compared to coal (2.50 rupees per kWh), nuclear (3 rupees per kWh) or natural gas (5.5 rupees per kWh).
India is mapping its potential for solar-energy production across the entire country on the basis of satellite imagery, in collaboration with the United States.
About Welspun Energy Ltd
Welspun Energy Ltd. (WEL) is the biggest developer of solar photovoltaic projects of India. The energy arm of Welspun Group is an independent power producer with plans to build grid connected 750MW of solar power & 1 GW of wind power plants across India.