Giriraj Renewables Gujarat Solar PV Park is a 420MW solar PV power project. It is planned in Gujarat, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in 2024. Buy the profile here.

Description

The project is being developed and currently owned by Giriraj Renewables. The company has a stake of 100%.

Giriraj Renewables Gujarat Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $283.92m.

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Development status

The project construction is expected to commence from 2020. 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 $0.033kWh for a period of 25 years. The capacity to be procured is 300MW.

For more details on Giriraj Renewables Gujarat Solar PV Park, buy the profile here.

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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.