Shapoorji Pallonji India Solar PV Park is a 250MW 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 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 2023. Buy the profile here.
Description
The project is being developed by Arina Solar and is currently owned by Shapoorji Pallonji Infrastructure Capital with a stake of 100%.
Shapoorji Pallonji India Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $169m.
Development status
The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by 2023.
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 $0.037kWh for a period of 25 years.
For more details on Shapoorji Pallonji India Solar PV Park, buy the profile here.
About Arina Solar
Arina Solar Pvt Ltd (Arina Solar) is engaged in Production , collection and distribution of electricity. The company is headquartered in Mumbai, Maharashtra, India.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
