Asian Fab Tec Lakshmeshwara Solar PV Park is a 20MW solar PV power project. It is planned in Karnataka, India. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Solar PV||20||–||20||Permitting||Karnataka, India||Asian Fab Tec|
The project is being developed and currently owned by Asian Fab Tec. The company has a stake of 100%.
Asian Fab Tec Lakshmeshwara Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $13.52m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to Bangalore Electricity Supply under a power purchase agreement. The power will be sold at the rate of $0.039kWh for a period of 25 years, starting from 2024. The capacity to be procured is 20MW.
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