GIPCL Raghanesda Solar PV Park is a 100MW solar PV power project. It is planned in Gujarat, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
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Description
The project is being developed and currently owned by Gujarat Industries Power. The company has a stake of 100%.
GIPCL Raghanesda Solar PV Park is a ground-mounted solar project.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Gujarat Urja Vikas Nigam under a power purchase agreement. The power will be sold at the rate of $0.038kWh for a period of 25 years.
Contractors involved
Tata Power Solar Systems is expected to render engineering procurement construction services for the solar PV power project.
Tata Power Solar Systems is expected to perform operations and maintenance for the solar PV power project for a period of 10 years.
For more details on GIPCL Raghanesda Solar PV Park, buy the profile here.
About Gujarat Industries Power
Gujarat Industries Power Co Ltd (GIPCL) is an energy utility company, that owns and operates various electricity generation plants. It produces power from natural gas, lignite coal and solar sources. Through a power purchase agreement, the company supplies power to Gujarat Urja Vikas Nigam Limited (GUVNL), and Gujarat State Fertilizers & Chemicals Ltd (GSFC), Gujarat Alkalies & Chemicals Ltd (GACL. GIPCL sources natural gas from the Gas Authority of India Limited (GAIL), and lignite coal from Vastan and Mangrol-Valia lignite mines. It also provides operational and management services to its gas and lignite based power plants; power plant project management consultancy; testing; commissioning; and troubleshooting services. GIPCL is headquartered in Vadodara, Gujarat, India.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
