Panchet Solar PV Park 1 is a 75MW solar PV power project. It is planned in Jharkhand, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026. Buy the profile here.

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Description

The project is being developed and currently owned by Damodar Valley and NTPC Renewable Energy. The owners have 50% stake in the project respectively.

Panchet Solar PV Park 1 is a floating solar project.

Development status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.

For more details on Panchet Solar PV Park 1, buy the profile here.

About Damodar Valley

Damodar Valley Corp (DVC) is a government owned multi-purpose river valley project. It generates, transmits, and supplies electricity; mines for and produces coal; manages water and conserves soil; and provides consultancy services. The company produces energy using thermal and hydro sources; and transmits that to commercial, industrial, and export and power exchange customers. DVC administers Konar, Barakar and Damodar rivers, and Tilaiya, Konar, Maithon and Panchet dams in Jharkhand. It serves commercial, industrial, and export and power exchange customers in Damodar Valley and other regions. The company has interests in Bermo open cast mine in Jharkhand. DVC is headquartered in Kolkata, West Bengal, India .

About NTPC Renewable Energy

NTPC Renewable Energy Ltd contributes to India's power development. It has also expanded into the industries of consulting, power trading, power professional training, rural electrification, ash utilisation, and coal mining. The company is headquartered in New Delhi, Delhi,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.