Allahabad-RattanIndia Solar PV Park is a 68.6MW solar PV power project. It is located in Uttar Pradesh, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in March 2018.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 68.6 | 68.6 | – | Active | Uttar Pradesh, India | RattanIndia Power |
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Description
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The project was developed by RattanIndia Power. GE Energy Financial Services and Vector Green Energy are currently owning the project.
Allahabad-RattanIndia Solar PV Park is a ground-mounted solar project which is spread over an area of 279 acres.
The project cost is $53.405m.
Development Status
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By GlobalDataThe project got commissioned in March 2018.
Power Purchase Agreement
The power generated from the project is sold to Solar Energy Corporation of India under a power purchase agreement. The power is sold at the rate of $0.064kWh for a period of 25 years.
About RattanIndia Power
RattanIndia Power Ltd (RattanIndia), formerly Indiabulls Power Ltd, is an electric utility. The company develops power projects and generates electricity. The company produces power using coal. RattanIndia has interests in Amravati and Nasik thermal power projects in Maharashtra. Under power purchase agreements, it supplies electricity to Maharashtra State Electricity Distribution Company Limited. Through long-term fuel supply agreements with South Coalfields Limited and Mahanadi Coalfields Limited, the company secures coal. RattanIndia is headquartered in New Delhi, India.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
