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Orange Anantapur Wind Power Plant

Sector: Consumer Products • Location: Andhra Pradesh, India

Source: World Bank Group

Project
Active

The project entails the construction of a 100MW wind power plant in District Anantpur, in the state of Andhra Pradesh by Orange Anantapur Wind Power Pvt Ltd ("Project Company"). Sponsors are Orange Renewable Power and Orange Renewable Holding. The project is eligible for revenue subsidy under the Generation Based Incentive Scheme in the Wind Power Sector in India. Further details on PPA and contra

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The project “Orange Anantapur Wind Power Plant” is an infrastructure initiative in the Consumer Products sector, located in Andhra Pradesh, India. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the construction of a 100MW wind power plant in District Anantpur, in the state of Andhra Pradesh by Orange Anantapur Wind Power Pvt Ltd ("Project Company"). Sponsors are Orange Renewable Power and Orange Renewable Holding. The project is eligible for revenue subsidy under the Generation Based Incentive Scheme in the Wind Power Sector in India. Further details on PPA and contract award method are unavailable, but the project is a part of the state government initiative to promote renewable energy. The total project cost is USD $115.1 million (INR 7.6billion). Financing comprises a USD $86.3 million (INR 5.7billion) 15-year term loan provided by PFC and IREDA, and equity contribution of USD $28.8 million (INR 1.9billion). Financial close occurred on 6 November 2015. The plant is expected to start operations on 30 September 2016. i) Dealogic ii) https://global.factiva.com/ha/default.aspx#./

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