SACASUN
13. Dicembre 2017
Telangana II
10. Ottobre 2018

Telangana I

Telangana I in Mahbubnagar District in the state of Telangana is a 12-megawatt solar power plant commissioned in June 2016. It was developed by Delhi-based SolarArise India Projects Pvt Ltd, an innovative operator of grid-connected solar power projects in India. Since fall 2018, ThomasLloyd has been the largest shareholder with a significant stake in SolarArise.

OVERVIEW

  • LOCATION LOCATION India
  • PROJECT SITE PROJECT SITE 163,594 ㎡
  • CAPACITY CAPACITY 12 MW
  • INVESTMENT VOLUME INVESTMENT VOLUME (CAPEX) 11.8 million USD

ESG PROFILE

  • Project site CONSTRUCTION JOBS CREATED
    (average during construction period)
    150
  • Capacity NEW PERMANENT JOBS CREATED 12
  • Reach of electricity supply ELECTRICITY REACH (people) 15,480
  • CO2 reduction CO2 AVOIDED (tonnes p.a.) 17,204

Project Videos

 
 

Impressions of the project

Project details

Project Special Purpose Vehicle (SPV) Talettutayi Solar Projects Private Limited (“Telangana I“)
Location Palwai Village, Mahbubnagar District, State of Telangana, India
Coordinates: 16.153026° N, 77.763979° E
Technical Specifications Solar irradiation at project site: 1,987.7 kWh/m²/year (SolarGIS)
Grid connection: To an existing 33 kV Gadwal TSTRANSCO substation, 13.5 km away
Fixed tilt mounting structure, using polycrystalline solar PV technology
19,278 modules of rating 310Wp and 19,152 modules of rating 315Wp
Supplier/Manufacturer Solar Modules: Trina Solar (China); Solar Inverters: ABB (Switzerland); Inverter Transformer: Voltamp (India); Mounting Systems: Profab (India), Metalkraft (India) and Aircon (India); Control Panels: Avana (India); HT Cables: Havells (India); LT Cables: Havells (India); String Cable: Lapp (Germany); Junction Boxes: Statcon (India)
General Contractor (EPC) Sterling and Wilson Pvt. Ltd.
Operations & Maintenance Sterling and Wilson Pvt. Ltd.
Lender’s Engineer Sgurr Energy India
Electricity Offtake Counterparty Grid Connection Agreement and Power Purchase Agreement with Southern Power Distribution Company of Telangana Limited
Credit Rating Electricity Offtake Counterparty CARE: B+
Specifications of the Power Purchase Agreement Statutorily guaranteed Tariff fixed rate INR 6.89 (USD 0.11) per kWh, allocated through a reverse auction bidding process. The rate has been set and approved for 25 years by the Telangana State Electricity Regulation Commission.
Minimum guaranteed revenue in the first full year of operations USD 2.2 million
Third party guarantees additional to the market standard warranties provided by suppliers, manufacturers and EPCs EPC: Unconditional and irrevocable bank guarantee (performance ratio guarantee) with a maturity of 5 years by the Union Bank of India. Structured as a CFD (contract for difference) which guarantees the difference between contracted revenue and actual energy production of the plant. Solar Modules: 25-year power output warranty provided by Trina Solar and underwritten by PowerGuard.
Project Insurance Coverage (amount insured) Industrial All Risks Policy Material Damage – USD 5.1 million Business Interruption – USD 1.7 million
Insurer (coverage ratio) ICICI Lombard General Insurance Company Limited (70%) & Bharti AXA General Insurance Company Limited (30%)
Status In full operation since June 2016.

Status: 30/09/2021

Thomaslloyd ha sottoscritto i principi di investimento responsabile (PRI)

ed è rappresentata in numerose iniziative riconosciute a livello mondiale per l'investimento sostenibile.

ThomasLloyd si impegna a investire in modo sostenibile. Crediamo che l'integrazione dei criteri ESG nel nostro processo di investimento contribuisca in modo significativo ad agire nel migliore interesse dei nostri clienti e investitori. Per integrare sistematicamente i criteri ESG in questo processo abbiamo sviluppato il principio, la metodologia e la regolamentazione del Socially Responsible Investment.


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