SB Energy has commissioned a 350MW solar plant in the Indian state of Andhra Pradesh.
The 350MW solar plant is considered to be the seventh largest solar plant in the world and is located at Ghani Sakunala Solar Park, Kurnool District, in the southern Indian state of Andhra Pradesh.
The solar plant is the first to become operational under the Solar Parks scheme of the Jawaharlal Nehru National Solar Mission.
Operations at the plant began by the end of this March, which is about 51 days ahead of the scheduled date of completion as per the power purchase agreement (PPA).
SB Energy, which is a three-way joint venture between Japan’s Softbank Group, India’s Bharti Enterprises and Taiwanese Foxconn Technology, stated that the solar power plant will supply electricity generated from the plant at a pre-fixed tariff of INR 4.63/kWh ($0.07).
The solar plant can generate enough electricity to meet the power requirements of about 700,000 Indian households.
SB Energy Executive Chairman Manoj Kohli said: "This project will contribute substantially to the Hon’ble Prime Minister’s vision of meeting the country’s energy demands through clean renewable power and underlines SoftBank’s commitment to deliver clean renewable power in India."
SB Energy CEO Added Raman Nanda said: “We are deeply grateful to the AP government for their sustained cooperation, which helped us commission well ahead of time. This is our first step toward powering India’s growth with clean energy, and we hope to contribute much more in the future.”
The solar project is believed to support India’s solar and renewable energy mission to add at least 20GW of renewable projects.
Image: SB Energy commissions 350MW solar plant in India. Photo: Courtesy of franky242/FreeDigitalPhotos.net.