The 76 Megawatt (MW) Nellai solar power plant is located in Tamil Nadu and will generate 120 GWh of renewable energy per year, equal to the annual power consumption of more than 500,000 Indian homes.
The 76 Megawatt (MW) Nellai solar power plant is located in Tamil Nadu and will generate 120 GWh of renewable energy per year, equal to the annual power consumption of more than 500,000 Indian homes.
“Statkraft is currently focusing on the development of greenfield solar projects at utility scale in India. Nellai is the first project in realising this business objective and supports our strategy to strengthen our industrial presence in the solar segment and grow our customer-oriented business,” said Statkraft Executive Vice President – International Power, J?rgen Tzschoppe.
The Nellai solar park has been developed under the Indian Group Captive-model where customers own a minimum share of 26 per cent of the plant and buy the electricity produced on long-term power purchase agreements (PPAs).
German Belectric Photovoltaic India Private Ltd was responsible for the construction and will also deliver the operation & maintenance services for the first three years of operations.
Nellai will help industries in Tamil Nadu meet their renewable energy requirements at an affordable price. We aim to become a key developer and operator of hydro, wind and solar assets, spreading investments across technologies and business models,” said Statkraft’s Country Manager India, Rahul Varshney.
Statkraft has been present in India since 2004 and owns a production capacity of 215 MW. In addition, the 150 MW Tidong hydropower plant in Himachal Pradesh is under construction, scheduled for completion by the end of the year.
