ReNew Power Nipani Solar PV Park is a 20MW solar PV power project. It is planned in Karnataka, India. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 20 | – | 20 | Permitting | Karnataka, India | Zorya Solar Energy |
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Description
The project is being developed by Zorya Solar Energy and is currently owned by Renew Solar Power with a stake of 100%.
ReNew Power Nipani Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $13.96m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2023.
Power Purchase Agreement
The power generated from the project will be sold to CESC under a power purchase agreement. The power will be sold at the rate of $0.049kWh for a period of 25 years. The capacity to be procured is 20MW.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
