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  1. Market Data
January 27, 2022

Kukudwad – Bhilwara, India

By Carmen

Kukudwad – Bhilwara is a 49.5MW onshore wind power project. It is located in Maharashtra, India. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in March 2012.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 49.5 49.5 Active Maharashtra, India Bhilwara Energy; Sri Maruti Wind Park Developers

Description

The project was developed by Bhilwara Energy and Sri Maruti Wind Park Developers. The project is currently owned by Bhilwara Energy with a stake of 100%.

The project cost is $51.026m.

Development Status

The project is currently active. The project got commissioned in March 2012.

Power Purchase Agreement

The power generated from the Kukudwad – Bhilwara (Kukudwad – Bhilwara I) is sold to Maharashtra State Electricity Distribution under a power purchase agreement. The power is sold at the rate of $0.086kWh for a period of 13 years, starting from 2012. The contracted capacity is 30MW.

The power generated from the Kukudwad – Bhilwara (Kukudwad – Bhilwara II) is sold to Maharashtra State Electricity Distribution under a power purchase agreement. The power is sold at the rate of $0.09kWh for a period of 13 years, starting from 2012. The contracted capacity is 4.5MW.

The power generated from the Kukudwad – Bhilwara (Kukudwad – Bhilwara III) is sold to Maharashtra State Electricity Distribution under a power purchase agreement. The power is sold at the rate of $0.09kWh for a period of 13 years, starting from 2012. The contracted capacity is 6MW.

The power generated from the Kukudwad – Bhilwara (Kukudwad – Bhilwara IV) is sold to Maharashtra State Electricity Distribution under a power purchase agreement. The power is sold at the rate of $0.093kWh for a period of 13 years, starting from 2013. The contracted capacity is 6MW.

The power generated from the Kukudwad – Bhilwara (Kukudwad – Bhilwara V) is sold to Maharashtra State Electricity Distribution under a power purchase agreement. The power is sold at the rate of $0.093kWh for a period of 13 years, starting from 2013. The contracted capacity is 3MW.

Contractors Involved

Regen Powertech was selected to render EPC services for the wind power project.

Vensys Energy was selected as the turbine supplier for the wind power project. The project consists of 33 units of VENSYS 77 turbines, each with 1.5MW nameplate capacity.

Regen Powertech is the O&M contractor for the wind power project.

About Bhilwara Energy

Bhilwara Energy Ltd (BEL) is a renewable energy company that acquires and develops green field power projects. The company’s services comprise power transmission, power trading, power distribution, and power generation from non hydro sources such as wind and thermal. It also operates alternative energy power projects and develops new green field power projects. BEL develops its projects across Himachal Pradesh, Sikkim, Madhya Pradesh, Uttaranchal, Chhattisgarh and Arunachal Pradesh. The company also has operations in Bhuntar, Noida, Swarghat, Sunder Nagar, Shimla, Pathankot, Tawang, Manali, Kullu, Kangra and Kinnaur. BEL is headquartered in Noida, Uttar 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.

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