GIPCL Charanka Solar PV Park – 1 is a 40MW solar PV power project. It is located in Gujarat, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in September 2017.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 40 | 40 | – | Active | Gujarat, India | Gujarat Industries Power |
|---|
Description
The project is developed and owned by Gujarat Industries Power.
GIPCL Charanka Solar PV Park – 1 is a ground-mounted solar project.
The project cost is $38.664m.
Development Status
The project got commissioned in September 2017.
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.
Contractors Involved
Vikram Solar was selected to render EPC services for the solar PV power project.
Vikram Solar is the O&M contractor for the solar PV power project. The operation and maintenance contract commenced from 2017, for a period of 10 years.
About Gujarat Industries Power
Gujarat Industries Power Co Ltd (GIPCL) is an energy utility company, that owns and operates various electricity generation plants. It produces power from natural gas, lignite coal and solar sources. Through power purchase agreement, the company supplies power to Gujarat Urja Vikas Nigam Limited (GUVNL), and Gujarat State Fertilizers & Chemicals Ltd (GSFC), Gujarat Alkalies & Chemicals Ltd (GACL. GIPCL sources natural gas from Gas Authority of India Limited (GAIL), and lignite coal from Vastan and Mangrol-Valia lignite mines. It also provides operational and management services to its gas and lignite based power plants; power plant project management consultancy; testing; commissioning; and troubleshooting services. GIPCL is headquartered in Vadodara, Gujarat, 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.
