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November 26, 2021

Renew Solar Bikaner Solar PV Park, India

By Carmen

Renew Solar Bikaner Solar PV Park is a 250MW solar PV power project. It is located in Rajasthan, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in October 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 250 250 Active Rajasthan, India ReNew Power

Description

The project is developed and owned by ReNew Power.

Renew Solar Bikaner Solar PV Park is a ground-mounted solar project.

The project cost is $250.067m.

Development Status

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The project got commissioned in October 2019.

Power Purchase Agreement

The power generated from the project is sold to Maharashtra State Electricity Distribution under a power purchase agreement. The power is sold at the rate of $2.72kWh for a period of 25 years. The contracted capacity is 250MW.

About ReNew Power

ReNew Power Pvt Ltd (ReNew Power) is an independent power producer that generates electricity from solar and wind sources. The company owns and operates utility-scale and roof top solar plants, and wind farms. It sells energy to state electricity boards and industrial customers. The company also has interests in various clean energy projects in commissioned and under-construction phases. It offers energy through commissioned and under-construction clean energy assets. This unicorn company holds solar plants and wind farms in Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, Karnataka, and Haryana, in India. ReNew Power is headquartered in Gurugram, Haryana, India

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.

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