Tata Power India Solar PV Park 1 is an 110MW solar PV power project. It is planned in Rajasthan, India. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 110 | – | 110 | Permitting | Rajasthan, India | Tata Power Renewable Energy |
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Description
The project is being developed and currently owned by Tata Power Renewable Energy.
Tata Power India Solar PV Park 1 is a ground-mounted solar project.
The project is expected to generate 274,000MWh electricity to offset 274,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $76.78m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
Power Purchase Agreement
The power generated from the project will be sold to Kerala State Electricity Board under a power purchase agreement. The power will be sold at the rate of $0.04kWh for a period of 25 years.
About Tata Power Renewable Energy
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited is a provider of renewable energy in India. The company generates and sells power to the local distribution companies. It develops, constructs and operates wind, solar and waste gas based power assets. TPREL generated renewable power of capacity 1959 MW including 907 MW Wind Power, 932 MW Solar Power and 120 MW based on Waste Heat Recovery. The company has partnership with ABB, Gamesa, Inox Wind, Kenersys, ReGen Powertech, Suzlon, Tata power solar and Wind World. Its future project portfolio includes 500 MW capacity of solar and wind plants. The company has its business presence in Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Karnataka, Tamil Nadu, West Bengal, Bihar, Andhra Pradesh and Punjab. TPREL 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.