A Cabinet meeting chaired by Chief Minister Shivraj Singh Chouhan here on Tuesday sanctioned establishment of world's biggest 750 MW solar power plant in the State. The plant will be set up in Gurh tahasil of Rewa district. It has been decided to form a joint company for establishment of this ultra mega solar plant. World Bank will provide loan for the project. As per government policy, New & Renewable Energy Department will permit use of revenue land for the project. Power Grid Corporation will do works of grid linkage of power generated by the project and its transmission lines. Madhya Pradesh Power Management Company will purchase 40 per cent of the power generated by the project.
The Cabinet gave revised administrative sanction of Rs2,498 crore under Madhya Pradesh Water Sector Restructuring Project (MPWSRP). The Cabinet meeting approved the proposal for commissioning the world's largest solar power station at Gudh in Rewa, State Government spokesperson and MP Minister Narottam Mishra told reporters. He said that a loan from the World Bank will be sought for commissioning the ultra mega green power generation station. The state's new and renewable energy department will make available the land for the project, he added.
The minister said that Centre and the state have formed a joint venture company to facilitate commissioning the project. According to an official of MP New and Renewable Energy, the solar energy project will cost around Rs4,500 crore. Mishra said the Power Grid Corporation of India will be roped in to lay the transmission line of the project. He said that 40 per cent of power from the project will be wheeled to the State by MP Power Management Company.
The Cabinet decided to extend retirement age of class A and B employees of Madhya Pradesh Finance Corporation from 58 to 60 years. The decision has been taken on the recommendation of corporation's Board of Directors. The cabinet decided to create 14 posts of guest lecturers in ITIs for women prisoners in Central Jail, Bhopal and male prisoners in Central Jail, Ujjain. Every guest lecturer will be given Rs110 per period or maximum Rs10,000 per month.
The decision was taken in pursuance of Chief Minister Shri Chouhan's announcement made in Skill Summit. The cabinet decided to give sanction to purchase Rs120 lakh share capital of Government of India for Rs90 lakh in Madhya Pradesh State Ago Industries Development Corporation in joint venture of Central and State governments under Company Act.