What is the latest status of the project “IBC Odisha Solar Plant”?

The status recorded for “IBC Odisha Solar Plant” is Active.

Who are the main government, EPC, and private stakeholders for “IBC Odisha Solar Plant”?

Taiyo maps the stakeholders of “IBC Odisha Solar Plant”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “IBC Odisha Solar Plant”?

Taiyo normalizes the budget of “IBC Odisha Solar Plant” to USD 18190000.

Where can I verify the source and access all details for “IBC Odisha Solar Plant”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/ibc-odisha-solar-plant-9481). Taiyo standardizes official data into a consistent, searchable project profile.

IBC Odisha Solar Plant

Sector: Automotive • Location: India

Source: World Bank Group

Project

Active

The project involves the construction, financing and operation of a 20-MW solar PV farm located near Kesinga in the District of Kalahandi/Odisha. Project is undertaken by Sadipali Solar Private Limited, a special purpose vehicle designed by the sponsor to execute the project. The promoter of the project is IBC Solar Group.

The PV plant is part of a tender round for a total of 270 MW in the state

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

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Project Information

5 Q

The project “IBC Odisha Solar Plant” is an infrastructure initiative in the Automotive 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 construction, financing and operation of a 20-MW solar PV farm located near Kesinga in the District of Kalahandi/Odisha. Project is undertaken by Sadipali Solar Private Limited, a special purpose vehicle designed by the sponsor to execute the project. The promoter of the project is IBC Solar Group. The PV plant is part of a tender round for a total of 270 MW in the state, issued by the SECI in August 2016 under Phase II Batch IV of the JNNSM. Total investment is $18.19 million. The project was financed non-recourse from L&T Infrastructure Finance Company Ltd with debt of INR 98 crore ($14.73 million) and equity of INR 23 crore ($3.46 million). Plant was commissioned on April 14 2018. http://electricenergyonline.com/detail_news.php?ID=696309&cat=;87;142;87&niveauAQ=0 https://global.factiva.com/ha/default.aspx#./!?&_suid=1531207025516047825192154750273
Original sector	Energy
Budget

Location

Country

India

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Automotive, Power Generation (CCGT), Raw Materials, Solar, Commercial, Government
Article published date	2024-05-26

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