FRV Ananthapuramu Solar PV Park – 1 is a 68MW solar PV power project. It is located in Andhra Pradesh, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in July 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 68 68 – Active Andhra Pradesh, India Fotowatio Renewable Ventures

Description

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The project was developed by Fotowatio Renewable Ventures and is currently owned by India Grid Trust with a stake of 100%.

FRV Ananthapuramu Solar PV Park – 1 is a ground-mounted solar project.

The project cost is $39.703m.

Development Status

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The project got commissioned in July 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 $0.066kWh for a period of 25 years. The contracted capacity is 50MW.

About Fotowatio Renewable Ventures

Fotowatio Renewable Ventures BV (FRV), a subsidiary of Abdul Latif Jameel Energy and Environmental Services, is a provider of renewable energy solutions. It offers engineering, procurement and construction (EPC), operation, maintenance, administrative, technical and legal consulting services. The company’s project portfolio comprises of montna farms, nellis air force base, potosi solar, rothenbach solar park, brook warehouse, la jacinta, olmedilla, mafraq-I and lilyvale among others. It develops, constructs, finances, operates, and manages solar energy projects across the countries. FRV caters services to construction, technology, power and investment firms. The company has operational presence in Australia, India, Italy, Jordan, Uruguay, Spain, Mexico and the US. FRV is headquartered in Madrid, Spain.

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.