Set up at an investment of ₹16,500 crore, the world’s largest solar park in the Indian state of Karnataka has a capacity of 2,000 MW.
‘Shakti Sthala’, the world’s largest solar national park, located in the Tumakuru district of Pavagada was launched by the Chief Minister of Karnataka, Siddaramaiah, on March 1st.
According to The Economic Times, the 2,000 MW park spans across 13,000 acres, spread over five villages and it is a benchmark in the unique people’s participation in power model put on the ground.
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 ₹21,000 per acre being offered as rent, an amount which has the scope to grow by five percent every two years, he said.
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