shot-button
Maharashtra Elections 2024 Maharashtra Elections 2024
Home > News > India News > Article > Worlds largest solar park launched in Karnataka

World's largest solar park launched in Karnataka

Updated on: 01 March,2018 08:47 PM IST  |  Bengaluru
PTI |

The world's largest solar park set up at an investment of Rs.16,500 crore at Pavagada in Karnataka's Tumakuru district was launched by Chief Minister Siddaramaiah today

World's largest solar park launched in Karnataka

rep pic


The world's largest solar park set up at an investment of Rs.16,500 crore at Pavagada in Karnataka's Tumakuru district was launched by Chief Minister Siddaramaiah today. The 2,000 MW park, named as 'Shakti Sthala', spans across 13,000 acres spread over five villages and is a benchmark in the unique people's participation in power model put on ground, according to officials.


The park's development is anchored by the Karnataka Solar Power Development Corp. Ltd (KSPDCL), an entity formed in March 2015 as a joint venture between Karnataka Renewable Energy Development Ltd (KREDL) and Solar Energy Corp. of India (SECI). The project has been executed within a record time of two years, with zero land acquisition, Siddaramaiah said. Moreover, the farmers who have leased out their land are reaping greater benefits with Rs 21,000 per acre being offered as rental, an amount which has the scope to grow by five per cent every two years, he said.


The beneficiaries of this project were 2,300 Pavagada farmers, he said. The chief minister said Karnataka has emerged as the third largest producer of renewable energy in the nation and was taking "bold strides" towards emerging as an energy surplus state. "We have set the goal to source at least 20 per cent of people¿s power requirements from renewable projects," he added. The park will create employment and act as an incentive for natives and farmers to explore new opportunities of socio-economic growth in the region, state Energy Minister D K Shivakumar said. "This ambitious project, spanning five villages, looks at farmers as the key partners, as also beneficiaries. Shakti Sthala is creating new job opportunities and economic growth leading to the prosperity of the people of Pavagada," he said. The state has witnessed an overall increase in capacity to 2,3379 MW as on January 2018, he said.

Shivakumar said 600 MW solar power generation has been commissioned during December 2017 and balance capacity of 1400 MW will be available by December this year. Earlier, a 648-mw power project set up by the Adani Green Energy, part of the Adani Group, in Tamil Nadu in 2016 was billed as the world's largest solar plant.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK