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Sitara Solar Plant

Sector: Government • Location: Rajasthan, India

Source: World Bank Group

Project
Active

AC Energy and UPC are jointly (via UPC-AC Energy Solar) developing the 140MW Sitara solar plant in Rajasthan, India. The total investment is $ 67 million, $17 million of which split equally between the sponsors. Debt provider with a total amount of $ 50 million is the US International Development Finance Corporation, a new brand combining the previous US government owned institutions the Overseas

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

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The project “Sitara Solar Plant” is an infrastructure initiative in the Government sector, located in Rajasthan, 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

AC Energy and UPC are jointly (via UPC-AC Energy Solar) developing the 140MW Sitara solar plant in Rajasthan, India. The total investment is $ 67 million, $17 million of which split equally between the sponsors. Debt provider with a total amount of $ 50 million is the US International Development Finance Corporation, a new brand combining the previous US government owned institutions the Overseas Private Investment Corporation (OPIC) and USAID’s Development Credit Authority (DCA). Debt to equity ratio is 3:1. The deal closed on March 15, 2021. https://ijglobal.com/data/transaction/52390/sitara-solar-pv-plant-140mw

Original sector

Energy

Budget

Location

Country

India

State

Rajasthan

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Government, Power Generation (CCGT), Solar, Commercial

Article published date

2024-05-18

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