Parampujya Solar Balgera PV Park is a 40MW solar PV power project. It is located in Karnataka, India. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in March 2018.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 40 | 40 | – | Active | Karnataka, India | Parampujya Solar Energy |
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Description
The project was developed by Parampujya Solar Energy. The project is co-owned by Adani Green Energy and Total Solar Singapore, with their respective ownership stake of 50% each.
Parampujya Solar Balgera PV Park is a ground-mounted solar project.
The project cost is $42.726m.
Development Status
The project got commissioned in March 2018.
Power Purchase Agreement
The power generated from the project is sold to Hubli Electricity Supply under a power purchase agreement. The power is sold at the rate of $0.067kWh for a period of 25 years. The contracted capacity is 40MW.
About Parampujya Solar Energy
Parampujya Solar Energy Pvt Ltd (Parampujya Solar) generates, procures, transmits, distributes, and produces power from renewable energy. The company is headquartered in 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.
