GUVNL Coal India Solar PV Park is a 100MW 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 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 100 | – | 100 | Permitting | Gujarat, India | Coal India |
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Description
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The project is being developed and currently owned by Coal India.
GUVNL Coal India Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $69.8m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
Power Purchase Agreement
The power generated from the project will be sold to Gujarat Urja Vikas Nigam under a power purchase agreement. The power will be sold at the rate of $0.03kWh for a period of 25 years, starting from 2022. The capacity to be procured is 100MW.
About Coal India
Coal India Ltd (CIL) is a government owned coal mining company. It produces coal and coal-based products. The company’s portfolio of products includes coking coal, semi coking coal, non-coking coal, hard coal, washed and beneficiated coal, coal fines, heavy oil, and coke. The company operates open cast mines, underground mines and mixed mines. CIL’s products find application in steel making, fertilizer, glass, power utilities, cement, ceramic, chemical, paper, domestic fuel, and industrial plants. It also provides mining consultancy services across India. The company operates its mining deposits across India, and also owns a mining company in Mozambique. CIL is headquartered in Kolkata, West Bengal, 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.
