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Tag: I S A

Modi+Macron Unveil Plaque Curtain Of UP’s Biggest Solar Power Plant

Modi+Macron Unveil Plaque Curtain Of UP’s Biggest Solar Power Plant
Prime Minister of India Narendra Modi and French President Emmanuel Macron today inaugurated Uttar Pradesh’s biggest solar power plant in Mirzapur district’s Chhanvey block.
The prime minister and the French president pressed a button to energise the solar panels and dedicated the 75 MW facility to the people.
Built at a cost of around Rs 500 crore by French firm ENGIE, the 75 MW solar plant has come up at Dadar Kalan village on the hilly terrain of the Vindhyas range. Some 1,18,600 solar panels have been set up in over 380 acres.
India needs some USD 83 billion between FY2018 and FY2022 to meet its 175 GW target, according to industry estimates.
At present, the country’s renewable energy installed capacity is 63 GW. Solar and wind power tariffs have dropped to an all-time low of Rs 2.44 per unit and Rs 3.46 per unit, among the lowest in the world.
The ISA, headquartered in Gurgaon on Delhi’s outskirts, is now a treaty-based inter-governmental organisation. It was established following the Paris Declaration as an alliance dedicated to the promotion of solar energy among its member countries.