Pavagada Solar PV Plant
Sector: Car parking • Location: India
Source: World Bank Group
The project involves the development, constriction and operation of 200MW Pavagada solar park in Tumkur, Karnataka, India. SB Energy (Softbank Group) has won the auction held by the Solar Energy Corporation of India with a INR 2.82 ($0.05) per kWh bid. The project cost is $163.6 million (INR 11.452 billion) and will be funded via $ 30.2 million equity and $ 133.4 million debt from Rabobank, SMBC,
- Status
- Prospective
- Sector
- Car parking, Power Generation (CCGT), Solar, Automotive, Commercial, Government
- Location
- India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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, constriction and operation of 200MW Pavagada solar park in Tumkur, Karnataka, India. SB Energy (Softbank Group) has won the auction held by the Solar Energy Corporation of India with a INR 2.82 ($0.05) per kWh bid. The project cost is $163.6 million (INR 11.452 billion) and will be funded via $ 30.2 million equity and $ 133.4 million debt from Rabobank, SMBC, MUFG Bank, BNP Paribas, DBS Bank and Mizuho Bank. Financial close was reached in October 2019. https://ijglobal.com/data/transaction/41028/pavagada-solar-pv-plant-200mw |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Car parking, Power Generation (CCGT), Solar, Automotive, Commercial, Government |
Article published date | 2024-05-27 |
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