Which of the following is the first solar project to break the grid parity barrier in India?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) - Rewa Ultra Mega Solar
The Rewa Ultra Mega Solar Park is the first solar project in India to break the grid parity barrier. This means that the cost of solar power generated at the Rewa Solar Park is competitive with, or even lower than, the cost of power from conventional sources such as coal or natural gas. Achieving grid parity is a significant milestone for renewable energy projects as it enhances their economic viability and contributes to the transition towards sustainable energy sources.