Worlds largest solar plant has been planned in Rajasthan to generate 4,000 MW near the Sambhar lake. The solar plants first phase is estimated to be completed by 2016.
It is planned to sell electricity from the solar plant at Rs 5.50 per unit. According to a government statement, the proposed solar projects capacity is about three times India's total solar power capacity and comparable with coal-fired ultra mega power projects of Tata Power and Reliance Power.
The solar plant is planned to be set up and run by a joint venture of five public sector utilities BHEL, Powergrid Corporation of India, Solar Energy Corporation of India, Hindustan Salts and Rajasthan Electronic's & Instrument's, the statement said.
In the first phase of the project, the plant is expected to commission 1,000 MW and based on the experience gained during implementation of the first phase of project.