What is the latest status of the project “FRV India Solar Park II”?

The status recorded for “FRV India Solar Park II” is Active.

Who are the main government, EPC, and private stakeholders for “FRV India Solar Park II”?

Taiyo maps the stakeholders of “FRV India Solar Park II”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “FRV India Solar Park II”?

Taiyo normalizes the budget of “FRV India Solar Park II” to USD 57700000. The procurement structure is Public-Private Partnership (PPP).

Where can I verify the source and access all details for “FRV India Solar Park II”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/frv-india-solar-park-ii-9249). Taiyo standardizes official data into a consistent, searchable project profile.

FRV India Solar Park II

Sector: Automotive • Location: Andhra Pradesh, India

Source: World Bank Group

Project

Active

The project involves the development and operation of a 50-MW solar PV farm in the state of Andhra Pradesh. FRV India Solar Park II Pvt. Ltd. is the special purpose vehicle responsible for the project. This is a greenfield project under a BOT modality.

PPA was awarded to the project in a reverse auction, conducted by Solar Energy Corporation of India, Ltd. (SECI). The auction falls under the Na

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

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Project Information

5 Q

The project “FRV India Solar Park II” is an infrastructure initiative in the Automotive sector, located in Andhra Pradesh, 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 operation of a 50-MW solar PV farm in the state of Andhra Pradesh. FRV India Solar Park II Pvt. Ltd. is the special purpose vehicle responsible for the project. This is a greenfield project under a BOT modality. PPA was awarded to the project in a reverse auction, conducted by Solar Energy Corporation of India, Ltd. (SECI). The auction falls under the National Solar Mission Program, which was launched by the Government of India to achieve 100 GW of installed solar capacity in the country by 2022. The contract has a duration of 25 years. The criteria for granting the contract was lowest tariff offered by sponsors. Total investment for the project is estimated at $57.7 million and is being funded through debt and equity in 75:25 ratio. IFC is the sole lender to the project with $43.3 million with FRV providing $14.4 million in equity. Financing closed on December 10th, 2017. https://ijglobal.com/data/transaction/39920/ananthpuram-2-pv-solar-farm-50mw-ppp Based on consultant submission form (Synergy Consulting H2 2017)
Original sector	Energy
Procurement method
Budget

Location

Country	India
State	Andhra Pradesh

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Automotive, Car parking, Government, Power Generation (CCGT), Raw Materials, Solar, Commercial
Article published date	2024-05-21

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