Renew Power ISTS IX Solar PV Park is a 400MW solar PV power project. It is planned in Rajasthan, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in multiple phases. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in 2025. Buy the profile here.
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Description
The project is being developed by ReNew Surya Aayan and ReNew Surya Vihaan. These companies also have ownership stakes in the project.
Renew Power ISTS IX Solar PV Park is a ground-mounted solar project.
Development status
The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Solar Energy Corporation of India under a power purchase agreement. The power will be sold at the rate of $0.038kWh for a period of 25 years.
For more details on Renew Power ISTS IX Solar PV Park, buy the profile here.
About ReNew Surya Aayan
ReNew Surya Aayan Pvt Ltd, a subsidiary of Renew Solar Power Pvt Ltd, is an independent power producer that is involved in a solar power plant project. It offers solutions in clean energy, digitalization, storage, and carbon markets. The company is headquartered in South Delhi, Delhi, India.
About ReNew Surya Vihaan
ReNew Surya Vihaan Pvt Ltd is a solar power company that engages in constructing and installing solar components. The company is headquartered in New Delhi, India.
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