Welspun Energy Limited Punjab Solar PV Park – 1 is a 20MW solar PV power project. It is located in Punjab, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in 2015.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 20 20 Active Punjab, India Walwhan Renewable Energy

Description

The project is developed and owned by Walwhan Renewable Energy.

Welspun Energy Limited Punjab Solar PV Park – 1 is a ground-mounted solar project.

The project generates 35,000MWh of electricity. The project cost is $25.992m.

Development Status

The project got commissioned in 2015.

Power Purchase Agreement

The power generated from the project is sold to Punjab State Power under a power purchase agreement. The power is sold at the rate of $0.131kWh for a period of 25 years.

About Walwhan Renewable Energy

Walwhan Renewable Energy Ltd formely known as Welspun Renewables Energy Private Limited (Welspun), a subsidiary of Tata Power Renewable Energy Ltd, is a provider of renewable energy generation services. The company’s services include Engineering, Procurement & Construction (EPC). It is involved in the construction of renewable energy projects. Welspun 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.