Avaada Energy Maharashtra Solar PV Park 1 is a 560MW solar PV power project. It is planned in Maharashtra, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
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Description
The project is being developed by Avaada Energy. Avaada Energy and Global Renewable Synergy are currently owning the project having ownership stake of 57.07% and 42.93% respectively.
Avaada Energy Maharashtra Solar PV Park 1 is a ground-mounted solar project.
The project is expected to generate 951,000MWh electricity and supply enough clean energy to power 700,000 households. The project is expected to offset 885,563t of carbon dioxide emissions (CO2) a year.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Maharashtra State Electricity Distribution under a power purchase agreement for a period of 25 years.
For more details on Avaada Energy Maharashtra Solar PV Park 1, buy the profile here.
About Avaada Energy
Avaada Energy Pvt Ltd (Avaada) is a renewable energy company. It develops utility-scale roof top solar plants and wind projects, and hybrid energy solutions. The company also provides engineering, procurement and construction services. Avaada sells electricity generated from its plants to hotels, hospitals, corporates, education institutions, and industrial and infrastructure companies. It owns and operates solar plants and wind farms in Karnataka, Orissa, Haryana, Maharashtra and Tamilnadu, and has interests in various projects that are in under implementation stage. Avaada is headquartered in Mumbai, Maharashtra, India.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
