AGEL Khavda Hybrid Solar PV Park is a 750MW solar PV power project. It is planned in Gujarat, India. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 750 – 750 Permitting Gujarat, India Adani Green Energy

Description

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The project is being developed and currently owned by Adani Green Energy.

AGEL Khavda Hybrid Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $523.5m.

Development Status

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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 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 $0.038kWh for a period of 25 years.

About Adani Green Energy

Adani Green Energy Ltd (AGEL), a subsidiary of Adani Group, is a renewable energy company. It constructs, operates and maintains hybrid power projects, utility-scale grid connected solar power plants, wind plants and solar parks. The company utilizes radio frequency identification and GPS technology for asset tracking and inventory control. It is also developing VR-based training modules for safe plant maintenance. AGEL’s electricity generated is supplied to central and state government entities and government-backed corporations. The company operates its plants in Tamil Nadu, Punjab, Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Chhattisgarh, Telangana, and Karnataka. It has operational presence in Australia, Vietnam, Singapore and the US. AGEL is headquartered in Ahmedabad, Gujarat, India.

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.