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Phase III of Raghanesda Solar Park in Gujarat

One of 10,000+ projects Taiyo tracks in India.

Source: World Bank Group

Project
Active

The project entails the construction of 200 MW solar plant in Gujarat, India. Sponsor of the pro. SPV is Electro Solaire Private Limited, a JV between the sponsors Engie Solar and Solairedirect Energy India. Capacity of the facility is 200 MW. Total investment stands at $ 152.4 million. Concession period is 25 years. ADB provided $66.1 million loan for the development of the project. Financial clo

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

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The project “Phase III of Raghanesda Solar Park in Gujarat” is an infrastructure initiative in the Solar sector, located in India. Taiyo aggregates data on it from World Bank Group.

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 200 MW solar plant in Gujarat, India. Sponsor of the pro. SPV is Electro Solaire Private Limited, a JV between the sponsors Engie Solar and Solairedirect Energy India. Capacity of the facility is 200 MW. Total investment stands at $ 152.4 million. Concession period is 25 years. ADB provided $66.1 million loan for the development of the project. Financial close took place on April 22, 2020. https://www.adb.org/sites/default/files/project-documents/54035/54035-001-rrp-en.pdf, https://ijglobal.com/articles/147083/adb-to-finance-indian-solar

Original sector

Energy

Procurement method

Budget

Location

Country

India

Source

Source

World Bank Group

URL

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Record type

Project

Sector

Solar, Car parking, Power Generation (CCGT), Government, Automotive, Commercial

Article published date

2024-09-27

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