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November 10, 2021

NTPC-Mahagenco Solar PV Park, India

By Carmen

NTPC-Mahagenco Solar PV Park is a 2,500MW solar PV power project. It is planned in Maharashtra, India. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 2,500 2,500 Permitting Maharashtra, India Maharashtra State Power Generation; NTPC

Description

The project is being developed by Maharashtra State Power Generation and NTPC. These companies also have ownership stakes in the project.

NTPC-Mahagenco Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $1,745m.

Development Status

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Post completion of the construction, the project is expected to get commissioned in 2023.

About Maharashtra State Power Generation

Maharashtra State Power Generation Co Ltd (Mahagenco) is a state government-owned electricity company that company generates and supplies electricity across the state of Maharashtra in India. Mahagenco owns and operates generation facilities, and uses diverse fuel sources such as thermal, gas and hydro for power generation. The company’s power generation portfolio consists of thermal power stations, hydro generation facilities, and gas-based generation facilities. It has thermal power stations in Koradi, Nasik, Bhusawal, Paras, Parli, K’kheda, and Chandrapur. The company produces the cheapest power for consumers in the state. Its power projects under development include Koradi TPS, Chandrapur TPS, and Parli TPS. Mahagenco is headquartered in Mumbai, Maharashtra, India.

About NTPC

NTPC Ltd (NTPC) is an energy conglomerate. It has presence in the entire value chain of the power generation business. The company produces electricity and sells that to state power utilities on wholesale basis. NTPC generates electric power using the coal, gas, liquid fuel, hydro and renewable sources. It has interests in various power plants under development and implementation stages. The company also provides consultancy, project management and supervision; holds interests in coal mining blocks; and carries out energy trading, oil and gas exploration, training of power professionals, rural electrification, ash utilisation and coal mining. NTPC is headquartered in New Delhi, 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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