The RE park is a concentrated zone of development of Renewable Energy generation projects and provides developers an area that is well characterized, with proper infrastructure , access to amenities and where the risk of the projects can be minimized. RE Park also facilitates developers by reducing the number of required approvals. The most important benefit from the RE park is the significant time saved.
Large-scale RE parks will be key to India’s transition to clean and green energy. Such parks are already being built or planned in States like Gujarat, Karnataka, Madhya Pradesh, Rajasthan, and Uttar Pradesh. However, there is still scope for forward-looking and well-aligned policies across States to make the most of this global phenomenon.
India has built a few ultra-mega solar parks with installed capacities over one gigawatt (GW) like the ones built in Bhadla (Rajasthan) and Pavagada (Karnataka). These are some of the largest solar parks commissioned in the world.
With an eye on the 175 GW target by 2022 and the larger target of 450 GW by 2030, these large parks will be key to India’s transition to clean and green energy.
NTPC REL, is gearing up to build India’s largest single-site solar power park of 4.75 Gigawatts (GW) in Kutch.