Avaada Energy MSEDCL(1000 MW) Solar PV Park is a 350MW solar PV power project. It is planned in Rajasthan, India. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in January 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 350 | – | 350 | Permitting | Rajasthan, India | Avaada Energy |
|---|
Description
The project is being developed and currently owned by Avaada Energy.
Avaada Energy MSEDCL(1000 MW) Solar PV Park is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 480,000 households, to offset 498,750t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $244.3m.
Development Status
Post completion of the construction, the project is expected to get commissioned in January 2022.
Power Purchase Agreement
The power generated from the project will be sold to Maharashtra State Electricity Distribution under a power purchase agreement. The power will be sold at the rate of $0.038kWh for a period of 25 years. The capacity to be procured is 350MW.
About Avaada Energy
Avaada Energy Pvt Ltd (Avaada) is an independent power producer. It develops utility-scale roof top solar plants and wind projects, and hybrid energy solutions. The company also provides engineering, procurement and construction services. Avaada sells electricity generated from its plants to hotels, hospitals, corporates, education institutions, and industrial and infrastructure companies. It owns and operates solar plants and wind farms in Karnataka, Orissa, Haryana, Maharashtra and Tamilnadu, and has interests in various projects that are in under implementation stage. Avaada is headquartered in Mumbai, Maharashtra, 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.
