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Ananthapuramu Solar PV Plant (SBG Cleantech)

Sector: Solar • Location: India

Source: World Bank Group

Project
Active

The project involves the development and construction of 250 MW capacity of the 750MW Ananthapuramu solar park in Andhra Pradesh, India. This is the 1st phase of the project. Sponsor is SBG Cleantech, a joint venture between SoftBank Corp, Bharti Enterprises and Foxconn Technology Group. The project SPV is SB Energy Solar Private Limited. SBG Cleantech was among the winners in the reverse auction

Status
Prospective
Sector
Solar, Geothermal, Car parking, Commercial, Power Generation (CCGT), Government, Automotive
Location
India
Updated
22 Jul 2026
Source
World Bank Group

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The project “Ananthapuramu Solar PV Plant (SBG Cleantech)” is an infrastructure initiative in the Solar sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project involves the development and construction of 250 MW capacity of the 750MW Ananthapuramu solar park in Andhra Pradesh, India. This is the 1st phase of the project. Sponsor is SBG Cleantech, a joint venture between SoftBank Corp, Bharti Enterprises and Foxconn Technology Group. The project SPV is SB Energy Solar Private Limited. SBG Cleantech was among the winners in the reverse auction held by National Thermal Corporation of India (NTPC) with a bid at INR 2.73. The project cost amounts to $ 218 million of which $ 32 million come as equity contributions and $ 186 million are provided by 3 banks - Sumitomo Mitsui Banking Corporation, Rabobank and MUFG Bank. Financial close was reached on 26 April 2019. https://ijglobal.com/data/transaction/41793/ananthapuramu-pv-solar-park-250mw-sbg-cleantech

Original sector

Energy

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Geothermal, Car parking, Commercial, Power Generation (CCGT), Government, Automotive

Article published date

2024-09-27

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