Avaada Solar PV Plant is a 1,000MW solar PV power project. It is planned in 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 2026 and is expected to enter into commercial operation in 2027. Buy the profile here.

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Description

The project is being developed and currently owned by Avaada Energy. The company has a stake of 100%.

Avaada Solar PV Plant is a ground-mounted solar project.

Development status

The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2027.

Power purchase agreement

The power generated from the project will be sold to NHPC under a power purchase agreement. The power will be sold at the rate of $0.03kWh for a period of 25 years. The capacity to be procured is 1,000MW.

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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.

This content was updated on 10 July 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

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.