ACME Solar Holdings MSEDCL(1000 MW) Solar PV Park is a 450MW solar PV power project. It is planned in Rajasthan, India. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2021.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 450 – 450 Permitting Rajasthan, India Acme Solar Holdings; Brookfield Renewable Partners

Description

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The project is being developed by Acme Solar Holdings and Brookfield Renewable Partners. These companies also have ownership stakes in the project.

ACME Solar Holdings MSEDCL(1000 MW) Solar PV Park is a ground-mounted solar project.

The project is expected to supply enough clean energy to power 1,000,000 households. The project cost is expected to be around $314.1m.

Development Status

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Post completion of the construction, the project is expected to get commissioned in 2021.

Power Purchase Agreement

The power generated from the project will be sold to Maharashtra State Electricity Distribution under a power purchase agreement. The power will be sold at the rate of $0.038kWh for a period of 25 years. The capacity to be procured is 300MW.

About Brookfield Renewable Partners

Brookfield Renewable Partners LP (Brookfield Renewable), a subsidiary of Brookfield Asset Management Inc is a renewable power company. The company owns, operates and invests in global wind, distributed generation and storage facilities. Brookfield Renewable’s operations consist of a diverse base of hydro, wind, utility-scale solar, and other renewable technologies. The company, together with its subsidiaries and offices, serves public power authorities, load-serving utilities and industrial users. Brookfield Renewables operates renewable power generation facilities in various countries in North America and South America, and Europe, besides India and China in Asia. Brookfield Renewable is headquartered in Hamilton, Bermuda.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.