The Heavy Industries Ministry is planning to set up an ‘Ultra Mega Green Solar Power Project’ in Rajasthan.
It will be developed on 23,000 acres of land belonging to Sambhar Salts Ltd.
This area is close to Sambhar lake and about 75 km from Jaipur.
The total capacity of this project will be 4,000 MW, making it the largest solar-based power project in the world. The first phase of the project, which will be 1,000 MW, is likely to be commissioned in three years – end of 2016.
Estimated investment in the first phase would be around Rs 7,500 crore.
The first phase of the project is expected to be implemented through a joint venture company to be formed with equity from BHEL, Solar Energy Corporation of India, Power Grid Corporation, Satluj Jal Vidyut Nigam Ltd, Solar Energy Corporation Ltd and Hindustan Salts Ltd.
Operation and Management (O&M) contract for this project will be awarded to another CPSU Rajasthan Electronic and Instrument Ltd.
When 4000-MW project is fully commissioned, it will generate 6000 million units of power a year.
The project will supply power to the distribution companies of various States through the National Grid.