SECI Pavagada Solar PV Park is a 200MW solar PV power project. It is located in Karnataka, India. The project is currently active. It has been developed in multiple phases. 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 | 200 | 200 | – | Active | Karnataka, India | SBG Cleantech Projectco Five |
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Description
The project was developed by SBG Cleantech Projectco Five and is currently owned by SB Energy Global Holdings with a stake of 100%.
SECI Pavagada Solar PV Park is a ground-mounted solar project which is spread over an area of 2,000 acres.
The project cost is $139.6m.
Development Status
The project got commissioned in October 2019.
Power Purchase Agreement
The power generated from the project is sold to Solar Energy Corporation of India under a power purchase agreement. The power is sold at the rate of $0.041kWh for a period of 25 years, starting from 2019. The contracted capacity is 200MW.
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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