Renew Power RTC-I Rajasthan Solar PV Park is a 400MW solar PV power project. It is planned in Rajasthan, 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. Post completion of the construction, the project is expected to get commissioned in 2024. Buy the profile here.
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Description
The project is being developed and currently owned by Mitsui and ReNew Power. The company's ownership stake in the project stands as 51% and 49% respectively.
Renew Power RTC-I Rajasthan Solar PV Park is a ground-mounted solar project.
Development status
Post completion of the construction, the project is expected to get commissioned in 2024.
Power purchase agreement
The power generated from the project will be sold to Solar Energy Corporation of India under a power purchase agreement. The power will be sold at the rate of $0.039kWh for a period of 25 years.
For more details on Renew Power RTC-I Rajasthan Solar PV Park, buy the profile here.
About Mitsui
Mitsui & Co Ltd (Mitsui) is a business conglomerate. It distributes, purchases, markets and supplies wide variety of products in business areas including iron and steel; non-ferrous metals; machinery; electronics; chemicals; energy-related commodities; foods & retail, lifestyle, and consumer service. The company also participates in the other activities such as arranging finance for customers and suppliers in connection with its trading activities, organizing and coordinating international industrial projects, participating in financing, and investing arrangements, assisting in the procurement of raw materials and equipment, providing new technologies and processes for manufacturing and coordinating transportation and marketing of finished goods. It operates in the Americas, EMEA and Asia-Pacific. Mitsui is headquartered in Tokyo, Japan
About ReNew Power
ReNew Power Pvt Ltd (ReNew Power), a subsidiary of Renew Energy Global PLC, is an independent power producer that generates through non-conventional and renewable energy sources. The company owns and operates utility-scale wind, solar and hydro energy projects. It also offers energy storage services. ReNew Power through its proprietary solution engine converts conventional energy to renewable energy through a round-the-clock green energy supply. The company serves commercial and industrial customers across India. It operates solar plants and wind farms in Telangana, Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, Tamil Nadu and Andhra Pradesh, India. The company through its subsidiaries operates in India, the UK, the US and Singapore. ReNew Power is headquartered in Gurugram, Haryana, 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.
