Avaada Solar SECI (960 MW ISTS- VI) Solar PV Park is a 300MW solar PV power project. It is located in Rajasthan, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in multiple phases. The project construction commenced in 2020 and subsequently entered into commercial operation in January 2022. Buy the profile here.

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Description

The project was developed by Avaada Energy. Avaada Energy and Global Renewable Synergy are currently owning the project having ownership stake of 57.07% and 42.93% respectively.

Avaada Solar SECI (960 MW ISTS- VI) Solar PV Park is a ground-mounted solar project.

Development status

The project construction commenced in 2020 and subsequently entered into commercial operation in January 2022.

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 $0.038kWh for a period of 25 years. The contracted capacity is 300MW.

For more details on Avaada Solar SECI (960 MW ISTS- VI) Solar PV Park, buy the profile here.

About Avaada Energy

Avaada Energy Pvt Ltd (Avaada) is a renewable energy company. It develops utility-scale roof top solar plants and wind projects, and hybrid energy solutions. The company also provides engineering, procurement and construction services. Avaada sells electricity generated from its plants to hotels, hospitals, corporates, education institutions, and industrial and infrastructure companies. It owns and operates solar plants and wind farms in Karnataka, Orissa, Haryana, Maharashtra and Tamilnadu, and has interests in various projects that are in under implementation stage. Avaada is headquartered in Mumbai, Maharashtra, India.

This content was updated on 20 July 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.