Avaada Energy DVC Solar PV Park is a 421MW solar PV power project. It is planned in India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. Post completion of the construction, the project is expected to get commissioned in 2024. Buy the profile here.

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Description

The project is being developed by Avaada Energy. Avaada Energy and Global Renewable Synergy are currently owning the project having ownership stake of 57.07% and 42.93% respectively.

The project is expected to generate 750,000MWh electricity and supply enough clean energy to power 500,000 households. The project is expected to offset 698,250t of carbon dioxide emissions (CO2) a year.

Development status

Post completion of the construction, the project is expected to get commissioned in 2024.

Power purchase agreement

The power generated from the project will be sold to Damodar Valley under a power purchase agreement for a period of 25 years.

For more details on Avaada Energy DVC Solar PV Park, buy the profile here.

About Avaada Energy

Avaada Energy Pvt Ltd (Avaada) is a renewable energy company. It develops utility-scale roof top solar plants and wind projects, and hybrid energy solutions. The company also provides engineering, procurement and construction services. Avaada sells electricity generated from its plants to hotels, hospitals, corporates, education institutions, and industrial and infrastructure companies. It owns and operates solar plants and wind farms in Karnataka, Orissa, Haryana, Maharashtra and Tamilnadu, and has interests in various projects that are in under implementation stage. Avaada is headquartered in Mumbai, Maharashtra, India.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.