Bhadla Solar park
Sector: Solar • Location: India
Source: World Bank Group
The project entails the development of a solar farm with a capacity of 2 x 70-MW in Bhadla, Jodhpur district, Rajasthan. The said project is part of the Phase-II, Batch-II, Tranche-I of State Specific Bundling Scheme issued by the Ministry of New & Renewable Energy (MNRE). In this round, 420 MW of capacity was allocated among 4 bidders (6 x 70 MW). Solaire Surya Urja Pvt. is the project company
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Participants
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Status
Original status | Active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | The project entails the development of a solar farm with a capacity of 2 x 70-MW in Bhadla, Jodhpur district, Rajasthan. The said project is part of the Phase-II, Batch-II, Tranche-I of State Specific Bundling Scheme issued by the Ministry of New & Renewable Energy (MNRE). In this round, 420 MW of capacity was allocated among 4 bidders (6 x 70 MW). Solaire Surya Urja Pvt. is the project company which will implement the project on behalf of Solairedirect S.A. The company has entered into long term Power Purchase Agreements (PPA) with NTPC to sell the power at a fixed tariff of Rs.4.35/kWh for duration of 25 years. Financial closure was achieved on June 5th, 2017 after scuring debt funding with IDFC in February the same year. Project is funded via 70:30 debt to equity. IDFC provided $104.8 million (675 crore) with the remaining coming from equity contributions - $44.9 million. Total investment amounts to $149.7 million. Factiva |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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