ENGIE Commissions 200MW Solar PV Project in Gujarat

Despite multiple challenges during the pandemic, ENGIE has commissioned its second-largest solar PV project in India in line with the schedule.

August 25, 2021. By Manu Tayal

Despite multiple challenges during the pandemic, ENGIE has commissioned its second-largest solar PV project in India in line with the schedule.
 
The 200 MWAC (290 MWp) solar power project has been located at the Raghanesda Solar Power Park, in Raghanesda, Gujarat.
 
To construct the project, ENGIE has collaborated with multiple state government entities, which will generate close to 546 GWh of electricity, while reducing 387,056 tons of carbon dioxide emissions annually.
 
Further, the company had won the project under GUVNL (Gujarat Urja Vikas Nigam Limited tender with 25 years of Power Purchase Agreement (PPA) signed in August 2019.
 
Besides, it also signed the Implementation Support Agreement in October 2019 with GPCL (Gujarat Power Corporation Ltd).
 
However, the debt for the project has been secured under a long-term project financing arrangement with the Asian Development Bank (ADB) and Societe Generale. The project has been implemented through Electro Solaire Pvt Ltd (ESPL), a special purpose vehicle (SPV) owned by the ENGIE Group.
 
In this project, Sterling & Wilson was the Balance of Plant contractor and will also be the O&M provider for this project for a period of 5 years.
 
The company said that “the project was completed in 14 months, adhering to the environment standard of ADB Safeguard Principle and Equator Principle, with 1.5 million+ safe man-hours by over 800 skilled and unskilled manpower setting up the plant, which is spread across 380 hectares inside the Raghanesda Solar Park that has been developed by a Gujarat state entity – GPCL.”
 
Commenting on the commissioning of the project, Neerav Nanavaty, Country Manager of ENGIE India, said, “after overcoming several challenges at the site, the team is excited to announce the commissioning of this marquee project that is sure to boost the dynamic Indian solar industry and contribute towards decarbonizing India’s energy mix. We would like to thank all the public and private sector stakeholders and the local communities for their support and cooperation in helping us achieve this critical milestone in our renewable growth journey in India.”
 
With this project, the company’s developed India portfolio stood at 17 projects with over 1.1 GWp of solar PV and 280 MW of wind power.
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