Welspun Renewables – KREDL Solar PV Park – 2 is a 34MW solar PV power project. It is located in Karnataka, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in July 2016.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 34 | 34 | – | Active | Karnataka, India | Walwhan Renewable Energy |
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Description
The project is developed and owned by Walwhan Renewable Energy.
Welspun Renewables – KREDL Solar PV Park – 2 is a ground-mounted solar project.
The project cost is $12.704m.
Development Status
The project got commissioned in July 2016.
Power Purchase Agreement
The power generated from the project is sold to Bangalore Electricity Supply under a power purchase agreement. The power is sold at the rate of $0.112kWh 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.
