Shajapur Solar PV Park 1 is a 105MW solar PV power project. It is planned in Madhya Pradesh, India. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in October 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 105 | – | 105 | Permitting | Madhya Pradesh, India | NTPC |
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Description
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The project is being developed and currently owned by NTPC.
Shajapur Solar PV Park 1 is a ground-mounted solar project which is planned over 224.81 hectares.
The project cost is expected to be around $73.29m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by October 2023.
Power Purchase Agreement
Indian Railways, Madhya Pradesh Power Management and Rewa Ultra Mega Solar are expected to be the power offtakers from the project.
About NTPC
NTPC Ltd (NTPC) is an energy conglomerate. It has presence in the entire value chain of the power generation business. The company produces electricity and sells that to state power utilities on wholesale basis. NTPC generates electric power using the coal, gas, liquid fuel, hydro and renewable sources. It has interests in various power plants under development and implementation stages. The company also provides consultancy, project management and supervision; holds interests in coal mining blocks; and carries out energy trading, oil and gas exploration, training of power professionals, rural electrification, ash utilisation and coal mining. NTPC is headquartered in New Delhi, 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.
