Avaada Solar SECI (960 MW ISTS- VI) Solar PV Park is a 300MW solar PV power project. It is planned in Rajasthan, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is being developed and currently owned by Avaada Energy. The company has a stake of 100%.
Avaada Solar SECI (960 MW ISTS- VI) Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $202.8m.
Development status
The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Solar Energy Corporation of India under a power purchase agreement. The power will be sold at the rate of $0.038kWh for a period of 25 years. The capacity to be procured 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 an independent power producer. 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.
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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.
