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January 5, 2022

Parampujya Solar Rajeshwar PV Park, India

By Carmen

Parampujya Solar Rajeshwar PV Park is a 50MW solar PV power project. It is located in Karnataka, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in January 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 50 50 Active Karnataka, India Wardha Solar (Maharashtra)

Description

The project was developed by Wardha Solar (Maharashtra). The project is co-owned by Adani Green Energy and Total Solar Singapore, with their respective ownership stake of 50% each.

Parampujya Solar Rajeshwar PV Park is a ground-mounted solar project.

The project cost is $53.407m.

Development Status

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The project got commissioned in January 2018.

Power Purchase Agreement

The power generated from the project is sold to Bangalore Electricity Supply under a power purchase agreement. The power is sold at the rate of $0.067kWh for a period of 25 years, starting from 2016. The contracted capacity is 50MW.

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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