Nilgiri Wind Power Project
Sector: Commercial • Location: India
Source: World Bank Group
The project entails the development of a 10MW wind power plant in Sangli District, Maharashtra by Nilgiri Power Pvt Ltd ("Project Company").
Sponsor is NSL Renewable Power. Offtaker is Maharashtra State Electricity Distribution Co with a contract period of 13 years. The project is eligible for revenue subsidy under the Generation Based Incentive Scheme in the Wind Power Sector in India.
The
- Status
- Prospective
- Sector
- Commercial, Power Generation (CCGT), Raw Materials, Wind, Government
- Location
- 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 10MW wind power plant in Sangli District, Maharashtra by Nilgiri Power Pvt Ltd ("Project Company"). Sponsor is NSL Renewable Power. Offtaker is Maharashtra State Electricity Distribution Co with a contract period of 13 years. The project is eligible for revenue subsidy under the Generation Based Incentive Scheme in the Wind Power Sector in India. The total project cost is $10 million (INR 666.4 million). Financing comprises of $6.3 million ( INR 420 million) 13-year term loan and $3.7 million (INR 246.4 million) of equity. Sole lender is Central Bank of India, who is also the facility agent. Financial close occurred on 28 March 2016. https://ijglobal.com/data/transaction/36441/nilgiri-wind-farm-10mw Dealogic Report |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Power Generation (CCGT), Raw Materials, Wind, Government |
Article published date | 2024-09-21 |
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