Indore (Madhya Pradesh): The 60-megawatt solar power plant of Indore Municipal Corporation (IMC) at Jalud in Khargone district is nearing completion and is expected to start operations by November.
The Rs 308-crore project, spread over 220 acres, was inaugurated by Prime Minister Narendra Modi in December 2022. It is being financed through green bonds, with the IMC raising Rs 244 crore via a public issue—making it the country’s first renewable energy unit to be funded in this manner.
Mayor Pushyamitra Bhargav, reviewing the project’s progress in a meeting, said the plant was conceived to promote renewable energy while cutting down on electricity costs incurred by the Narmada water project. Read Also MP News: Ancient Gadh Kalika Temple; A Spiritual Heritage Of Dhar
“The plant is almo