Khirvire Wind Power Project, India

Khirvire Wind Power Project is a 47.6MW onshore wind power project. It is located in Maharashtra, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in May 2014.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	47.6	47.6	–	Active	Maharashtra, India	SJVN

Description

The project is developed and owned by SJVN.

The project generates 85,646.87MWh electricity thereby offsetting 82,073t of carbon dioxide emissions (CO2) a year. The project cost is $49.358m.

Development Status

The project is currently active. The project got commissioned in May 2014.

Power Purchase Agreement

The power generated from the project is sold to Maharashtra State Electricity Distribution under a power purchase agreement for a period of 13 years from 2014. The contracted capacity is 47.6MW.

Contractors Involved

Tirupur Renewable Energy was selected to render EPC services for the wind power project.

Siemens Gamesa Renewable Energy was selected as the turbine supplier for the wind power project. The company provided 56 units of G58-850 kW turbines, each with 0.85MW nameplate capacity.

Siemens Gamesa Renewable Energy is the O&M contractor for the wind power project for a period of 10 years.

About SJVN

SJVN Limited (SJVN) generates and sells the hydroelectric power. It also carries out the designing, planning, developing, examining, executing, operating and maintaining of hydroelectric power projects. SJVN also offers various construction and consultancy services for hydropower and road or railway tunnels. It also generates hydro, solar, wind and thermal power. The company operates hydroelectric power projects in Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Nepal and Bhutan. SJVN is headquartered in Shimla, Himachal Pradesh, 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.