Neo Solren Solar Plant
Sector: Education • Location: Telangana, India
Source: World Bank Group
The project entails the construction of 42 MW solar plant in Telangana, India called Neo Solren. Total investment stands at $ 47.15 million of which 9.4 million equity and the rest is provided as a debt by an unknown financial institution. PPA period is 25 years. SPV is Neo Solren Private Limited, a wholly owned subsidiary of Mahindra Renewables Private Limited, a subsidiary of Mahindra & Mahindr
- Status
- Prospective
- Sector
- Education, Power Generation (CCGT), Solar, Commercial, Government
- Location
- Telangana, 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 construction of 42 MW solar plant in Telangana, India called Neo Solren. Total investment stands at $ 47.15 million of which 9.4 million equity and the rest is provided as a debt by an unknown financial institution. PPA period is 25 years. SPV is Neo Solren Private Limited, a wholly owned subsidiary of Mahindra Renewables Private Limited, a subsidiary of Mahindra & Mahindra Limited. Financial close took place on January 23, 2019. https://www.indiaratings.co.in/PressRelease?pressReleaseID=29409&title=India-Ratings-Assigns-Neo-Solren%E2%80%99s-Loan-%E2%80%98IND-BBB%E2%80%99%2FStable- WB library files |
Original sector | Energy |
Budget |
Location
Country | India |
State | Telangana |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Education, Power Generation (CCGT), Solar, Commercial, Government |
Article published date | 2024-05-28 |
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