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EGP India - Thar

Sector: Automotive • Location: India

Source: International Finance Corporation (IFC)

Project
Active

 The proposed project involves a debt investment in Thar Surya 1 Pvt. Ltd. (“Project Company”) to finance the  construction of a 300 MWac solar PV project in Bikaner, Rajasthan, India (“Project”). The Project is being developed by one of the step-down subsidiaries of Enel Green Power S.p.A., an existing global client of IFC. The Project was awarded to the Project Company in July 2020 by Solar Ener

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The project “EGP India - Thar” is an infrastructure initiative in the Automotive sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Description

Description

 The proposed project involves a debt investment in Thar Surya 1 Pvt. Ltd. (“Project Company”) to finance the  construction of a 300 MWac solar PV project in Bikaner, Rajasthan, India (“Project”). The Project is being developed by one of the step-down subsidiaries of Enel Green Power S.p.A., an existing global client of IFC. The Project was awarded to the Project Company in July 2020 by Solar Energy Corporation of India (SECI) and the Project will sell the generated electricity to SECI under a 25 year PPA. IFC is the mandated lead arranger for the entire debt portion.        

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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