BMC Vaitarna Dam Floating Solar PV Park is an 80MW solar PV power project. It is planned in Maharashtra, 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 Mahalaxmi Konal Urja and Shapoorji Pallonji. The owners have 50% stake in the project respectively.
BMC Vaitarna Dam Floating Solar PV Park is a floating 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 Municipal Corporation of Greater Mumbai under a power purchase agreement for a period of 25 years.
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About Mahalaxmi Konal Urja
Mahalaxmi Konal Urja Pvt Ltd (Mahalaxmi Konal Urja) specialized in generation,construction, transmission, and distribution of electric energy through hydro, solar and wind energy. The company is headquartered in India.
About Shapoorji Pallonji
Shapoorji Pallonji & Co Pvt Ltd (SPCPL), is a conglomerate. The company carries out diversified businesses including engineering and construction, infrastructure, real estate, energy, water and financial services. The company’s engineering and construction services include conventional and general contracting, conceptualization, design and build, engineering, project management, execution, construction and facility management services. SPCPL executes commercial, health care, hospitality, industrial, institutional and residential projects. The company constructs roads, ports and terminals, water and wastewater treatment plant and infrastructure assets such as oil and gas, power and transportation network. It also provides integrated advisory services for investments in infrastructure and real estate sectors. The company, through its subsidiaries, executes construction projects in South Asia, Middle East, Africa and Europe. SPCPL is headquartered in Mumbai, Maharashtra, 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.
