IBC Odisha Solar PV Park is a 27.4MW solar PV power project. It is located in Odisha, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in May 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 27.4 27.4 Active Odisha, India IBC Solar Projects pvt

Description

The project was developed by IBC Solar Projects pvt and is currently owned by NextEnergy Capital.

IBC Odisha Solar PV Park is a ground-mounted solar project.

The project cost is $15.881m.

Development Status

The project got commissioned in May 2018.

Power Purchase Agreement

The power generated from the project is sold to Solar Energy Corporation of India under a power purchase agreement for a period of 25 years. The contracted capacity is 20MW.

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.