Sprng Energy Kadapa Solar PV Park is a 250MW solar PV power project. It is planned in Andhra Pradesh, 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.
The project is being developed and currently owned by Sprng Soura Kiran Vidyut. The company has a stake of 100%.
Sprng Energy Kadapa Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $169m.
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 NTPC Renewable Energy under a power purchase agreement. The power will be sold at the rate of $2.72kWh for a period of 25 years, starting from 2021. The capacity to be procured is 250MWh.
Siemens Gamesa Renewable is expected to render engineering procurement construction services for the solar PV power project.
Siemens Gamesa Renewable is likely to be the supplier of its Gamesa Electric Inverter inverters to the project site.
For more details on Sprng Energy Kadapa Solar PV Park, buy the profile here.