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November 11, 2021

Softbank Bhadla Phase-III Solar PV Park, India

By Carmen

Softbank Bhadla Phase-III Solar PV Park is a 500MW solar PV power project. It is located in Rajasthan, India. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in October 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 500 500 Active Rajasthan, India SB Energy Four; SB Energy One

Description

The project is developed by SB Energy Four and SB Energy One. These companies also have ownership stakes in the project.

Softbank Bhadla Phase-III Solar PV Park is a ground-mounted solar project.

The project cost is $517m.

Development Status

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The project got commissioned in October 2018.

Power Purchase Agreement

The power generated from the Softbank Bhadla Phase-III Solar PV Park (Bhadla Phase-III Solar PV Park 1A) is sold to Solar Energy Corporation of India under a power purchase agreement. The power is sold at the rate of $0.038kWh for a period of 25 years, starting from 2018. The contracted capacity is 100MW.

The power generated from the Softbank Bhadla Phase-III Solar PV Park (Bhadla Phase-III Solar PV Park 1B) is sold to Solar Energy Corporation of India under a power purchase agreement. The power is sold at the rate of $0.038kWh for a period of 25 years, starting from 2018. The contracted capacity is 200MW.

The power generated from the Softbank Bhadla Phase-III Solar PV Park (Bhadla Phase-III Solar PV Park 2) is sold to Solar Energy Corporation of India under a power purchase agreement. The power is sold at the rate of $0.038kWh for a period of 25 years, starting from 2019. The contracted capacity is 200MW.

Contractors Involved

Sterling and Wilson Solar was selected to render EPC services for the solar PV power project.

The mounting systems have been supplied by JTL Infra for the Softbank Bhadla Phase-III Solar PV Park (Bhadla Phase-III Solar PV Park 1A).

Sterling and Wilson Solar is the O&M contractor for the solar PV power project.

About SB Energy One

SB Energy One Pvt Ltd is inolved in Business activities, It is headquartered in New Delhi, 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.

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