The 250MW REWA Ultra Mega Solar Plant is occupied over 1,235 acres where the plant area is divided into a total of 30 Inverter Control Rooms which is equivalent to 250.19 MW alternate current capacity. The Rewa solar park, developed and owned by RUMSL, comprises three segments, a capacity of 550 MW developed in Agar Solar Park located in Agar district, 500 MW in Neemuch Solar Park located in Neemuch district, and another 450 MW in Shajapur Solar Park located in Shajapur district of Madhya Pradesh.* Mahindra Susten was one of the three companies that won the project in the reverse auction by bidding one of the lowest tariffs. The winning tariff was INR2.979/- per unit in the first year and averaged at INR3.30/- per unit over a period of 25 years. This tariff was viable due to some favourable factors such as market conditions at that time, the tender terms were favourable coupled with the accommodative project structure and site conditions.
(*sourced from: https://mercomindia.com/monsoon-solar-project-damaged-rewa/)
Here is what Basant Jain, Chief Executive officer says about the low tariff for the project, “The RUMS (Rewa Ultra Mega Solar) management, the State government, DMRC and their advisory teams — IFC, Sgurr, Trilegal and PWC — have identified the risks that are best taken by the State governments and allowed the enterprising abilities of the developers to flourish. The structuring of this tender reduces the risks for developers and that is why many players are willing to go down below ₹3 per kWh. The project also benefits from a credible procurer like the Delhi Metro Rail Corporation, even if only for 25 per cent capacity, and the State guarantee which minimised the risks for payment delay. If upcoming transactions are structured in a similar manner, the industry is likely to witness several sustainable projects at these tariff levels.
One of the major challenges faced during the execution of this project was the hard strata of the land. This was not conducive for digging cable laying trenches. The engineering team devised a new innovative method for cable laying, the all-terrain cable tray, which makes use of the vertical posts erected for the module mounting structure. This is the first-ever Solar Photovoltaic project to use this innovative cable laying method.
During the project, Mahindra Susten financed hygienic sanitation facilities for girls in the school by building washrooms, organized health camps for villages to bring awareness among those who do not have access to basic healthcare services or knowledge about the diseases they are suffering from. The team also organized skill development sessions for local women to ensure better job opportunities. These activities enabled women to work and also created an impact in the level of education of a girl child within the community. These activities were appreciated by the locals as well as the Sarpanch and MLA of REWA who shared their gratitude towards the organization.
Mahindra Susten’s CSR vision, ‘To serve and give back to the communities within which we work’ is evident in all the projects that are undertaken by us. Our dedicated team of professionals come together to ensure, not only, a high-quality level of work but also care towards the local community.