Coral Project is a 285.6MW onshore wind power project. It is planned in Gujarat, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the partially active stage. It will be developed in multiple phases. Buy the profile here.
The project is being developed and currently owned by Bharat Light and Power. The company has a stake of 100%.
The project is expected to generate 1,000,000MWh of electricity. The project cost is expected to be around $290m.
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 285MW.
Suzlon Gujarat Wind Park is expected to render engineering procurement construction services for the wind power project.
For more details on Coral Project, buy the profile here.
About Bharat Light and Power
Bharat Light and Power Pvt Ltd (Bharat Light and Power) owns and operates power generation facilities. The Company generates power through wind, solar, bio mass, hydro, and gas. The company is headquartered in Gurugram, Haryana, India.