KHAVDA RENEWABLE ENERGY
PARK - ECONOMY
News: Adani Group Establishes
World's Largest Renewable Energy Park in Gujarat
What's in the news?
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Recently, Adani
Green Energy Ltd (AGEL) established the world’s largest renewable energy
park in Gujarat’s Khavda region.
Khavda Renewable Energy
Park:
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The Khavda Renewable Energy Park stands as the world’s largest renewable energy park.
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Spanning 538 square kilometers, it covers an area
approximately five times the size of
Paris.
Located in - Gujarat's Kutch region,
specifically at Khavda, it boasts an impressive 45 GW capacity, mainly fueled by solar energy.
Significance of the Region:
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The region benefits from the second-best solar radiation in the country, following Ladakh, and
wind speeds five times that of the plains.
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Positioned merely one kilometer from the
international border with Pakistan, the park maintains a buffer zone manned by
the Border Security Force (BSF).
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Originally accessible only by a modest airstrip
lacking air traffic control, the site is now being prepared for a significant
clean energy venture.
Constructed by - Adani Green Energy Ltd (AGEL), India's largest renewable energy company.
Investment:
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AGEL is set to invest about Rs 1.5 lakh crore to
generate 30 megawatts of clean electricity, consisting of 26 GW of solar and 4
GW of wind capacity.
Significance of the
Park:
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At its peak, the Khavda Park is projected to
generate 81 billion units of electricity,
enough to power entire nations such as Belgium, Chile, and Switzerland.