Suzlon Veltoor Solar PV Park is a 120MW solar PV power project. It is located in Telangana, India. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in August 2017.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 120 120 Active Telangana, India CLP India Private; Suzlon Energy

Description

The project was developed by CLP India Private and Suzlon Energy. CLP Holdings and Caisse de depot et placement du Quebec are currently owning the project having ownership stake of 60% and 40% respectively.

Suzlon Veltoor Solar PV Park is a ground-mounted solar project which is spread over an area of 650 acres.

The project cost is $114.676m.

Development Status

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The project got commissioned in August 2017.

Power Purchase Agreement

The power generated from the project is sold to Telangana State Southern Power Distribution under a power purchase agreement. The power is sold at the rate of $0.083kWh for a period of 25 years.

Contractors Involved

Suzlon Energy was selected to render EPC services for the solar PV power project.

JA Solar Holdings was selected as the supplier of PV modules for the project.

The inverters were procured from Toshiba Mitsubishi-Electric Industrial Systems for the project.

Solarig Gensol Utilities is the O&M contractor for the solar PV power project.

About CLP India Private

CLP India Private Limited (CLP India) is a company that generates, transmits, and distributes electric energy. The company produces electricity from gas-fired power stations, coal-based plants, and wind power projects. The company is headquartered in Mumbai, Maharashtra, India.

About Suzlon Energy

Suzlon Energy Ltd (Suzlon) is a provider of renewable energy solutions. It offers comprehensive solutions that covers the entire wind energy projects scope. The company provides complete turnkey solutions from design to life-cycle asset management. Suzlon also generates electricity, sells solar systems and provides fully-finished castings and forgings and foundry components. It serves customers in the wind, oil & gas, construction, power, mining, transportation, industrial machinery, defense and aerospace sectors in Asia, Europe, North America and other regions. The company has manufacturing facilities in India and China, and R&D centers in Germany, the Netherlands, India and Denmark. Suzlon is headquartered in Pune, Maharashtra, 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.