Karnataka I
12. October 2018
Uttar Pradesh I
16. August 2019

Karnataka II

Karnataka II is a 27-megawatt solar power plant located in Koppal District in the state of Karnataka and was commissioned in August 2019. It was developed by Delhi-based SolarArise India Projects Pvt Ltd, an innovative operator of grid-connected solar power projects in India. ThomasLloyd has been a major shareholder in SolarArise since fall 2018.

Project site

PROJECT SITE

Karnataka, India

CO2 reduction

CO2 REDUCTION

40 664 tonnes p.a.

Reach of electricity supply

REACH OF ELECTRICITY SUPPLY

36 589 people

Capacity

CAPACITY

27 MW

Project Videos

 
 

Impressions of the project

Project details

Project Special Purpose Vehicle (SPV) Talettutayi Solar Projects Two Private Limited („Karnataka II“)
Location Kerehalli Village, Koppal District, Bundesstaat Karnataka, India
Location: 15.371604° N, 76.307229° E
Technical Specifications Project site: 484,328 m²
Solar irradiation at project site: 2,026 kWh/m²/year (SolarGIS)
Grid connection: To an existing 110 kV Kerehalli KPTCL substation, 2 km away
Fixed tilt mounting structure, using polycrystalline solar PV technology
29,295 modules of rating 325Wp and 53,136 modules of rating 330Wp
Reach of Electricity Supply 36 589 people
New permanent jobs 24 in the plant
Supplier/Manufacturer Solar Modules: JA Solar (China)
Solar Inverters: TBEA (China)
Inverter Transformer: Shilchar (India)
Power Transformer: Voltamp (India)
Mounting Systems: Ganges Internationale
Control Panels: TBD
HT Cables: Apar Industries Ltd. (India)
LT Cables: Apar Industries Ltd. (India)
String Cable: Apar Industries Ltd. (India)
Junction Boxes: Trinity Touch (United Kingdom)
General Contractor (EPC) Jakson Limited
Operations & Maintenance Jakson Limited (5 years)
Lender’s Engineer TUV Rheinland (India) Pvt. Ltd.
Electricity Offtake Counterparty Grid Connection Agreement with Karnataka Power Transmission Corporation Power Purchase Agreement with Bangalore Electricity Supply Company (BESCOM)
Credit Rating Electricity Offtake Counterparty ICRA: A
Specifications of the Power Purchase Agreement (PPA) Statutorily guaranteed Tariff fixed rate INR 3.04 (USD 0.04) per kWh, allocated through a reverse auction bidding process. The rate has been set and approved for 25 years by Karnataka Electricity Regulatory Commission.
Status In full operation since August 2019.

Status: 30/06/2021

Thomaslloyd is a Signatory to the Principles for Responsible Investment (PRI)

and other Key Responsible Investment Initiatives

ThomasLloyd is committed to investing responsibly. We believe that the integration of material environmental, social and governance (ESG) factors into our investment process is a core part of our fiduciary duty to act in the best interests of our clients and their beneficiaries. To formally incorporate and systematically integrate ESG factors therefore in this process, we have developed a Socially Responsible Investment Policy, Methodology and Framework.


Find out more