Bhadla Solar park
Sector: Car parking • Location: Rajasthan, 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
- Status
- Prospective
- Sector
- Car parking, Power Generation (CCGT), Raw Materials, Solar, Automotive, Commercial, Government
- Location
- Rajasthan, India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
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 |
Original sector | Energy |
Budget |
Location
Country | India |
State | Rajasthan |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Car parking, Power Generation (CCGT), Raw Materials, Solar, Automotive, Commercial, Government |
Article published date | 2024-05-21 |
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