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Competition for Rewa mega solar park hots up with 20 in fray

Bidders are not being offered any viability gap funding

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Last Updated : Jan 24 2017 | 2:41 AM IST

The Madhya Pradesh government's ambitious ultra mega solar park at Rewa has attracted 20 companies for 10 times the required capacity of 750 MW. ReNew Power and SoftBank promoted SBG Cleantech have bid for all the three units of 250 MW each.

Hero Future Energies and Mahindra Renewables have put in bids for 500 MW each. Shapoorji Pallonji Infrastructure, Torrent Power and Aditya Birla Renewables among others have put in bids for one unit of 250 MW.

Rewa Ultra Mega Solar (RUMS) Ltd, an equal venture of Madhya Pradesh Urja Vikas Nigam Ltd and the Solar Energy Corporation of India, would now be holding an auction for the project that is touted as the biggest single site solar park in the country.