Tata Power Gujarat Solar PV Park is a 120MW solar PV power project. It is planned in Gujarat, India. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 120 | – | 120 | Permitting | Gujarat, India | TP Kirnali Solar |
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Description
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The project is being developed and currently owned by TP Kirnali Solar.
Tata Power Gujarat Solar PV Park is a ground-mounted solar project.
The project is expected to generate 30,000MWh electricity to offset 300,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $83.76m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to Gujarat Urja Vikas Nigam under a power purchase agreement. The power will be sold at the rate of $0.035kWh for a period of 25 years.
About TP Kirnali Solar
TP Kirnali Solar Ltd (TP Kirnali), a wholly owned subsidiary of The Tata Power Co Ltd is engaged in production, collection and distribution of electricity. TP Kirnali is headquartered in Mumbai, 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.
