Bhopal: Madhya Pradesh government has invited global tenders for world's largest Solar Power Plant to be built at Rewa. Rewa Ultra Mega Power Limited (RUMPL) - a joint venture between Solar Energy Corporation of India (SECL) and Madhya Pradesh Urja Vikas Nigam (MPUVN) - is constructing the project.May 30, is the last date for submitting bids against the tender invitation. But final bidding will be completed by reverse auction process, i.e., lowest tariff quoted in first round will be the rate at which final auction will begin in second round and it is expected to be completed by June 7.Delhi Metro Rail Corporation (DMRC) will buy 363 million units of power per year from the project while remaining 600 MW power will be purchased by Madhya Pradesh Power Management Company.The 750 MW park, to be developed in three segments of 250 MW each, will be set up on 1500 hectares of land in Gurh tehsil of Rewa district and will be spread over five villages of Barseta in the district.Bidders are free to bid for each or all three of the units, said official sources.Power Grid Corporation Of India Limited (PGCIL) has already started construction of 400 KV sub-station to enable easy and convenient distribution of power from the project. Besides, these three other sub-stations of 220 KV each are being developed by RUMPL with the help of Madhya Pradesh Power Transmission Company Limited . Project is funded by World Bank for infrastructure development and is the only project of the country which is being funded by World Bank's clean technology fund which has a very lower interest rates, said official sources.It is expected power will be generated from the project from June 2017 and will be completed by December 2017.