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January 5, 2022

Neel Metal Maharashtra Solar PV Park – 1, India

By Carmen

Neel Metal Maharashtra Solar PV Park – 1 is a 50MW solar PV 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 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 50 50 Active Maharashtra, India Neel Metal Products

Description

The project is developed and owned by Neel Metal Products.

Neel Metal Maharashtra Solar PV Park – 1 is a ground-mounted solar project.

The project cost is $50.014m.

Development Status

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The project got commissioned in 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 $0.068kWh for a period of 25 years.

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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