Enel Green Power has been awarded the right to sign a 25-year energy supply contract for a 420 MWsolar project in India.
Located in the State of Rajasthan, the project will be its first solar plant in the country.
The project was awarded under the 2 GW Ninth Tranche of the national solar tender issued by the government company Solar Energy Corporation of India Limited.
Construction works over 180 million US dollars
The construction of the solar plant, which is expected to start operations at the end of 2021, will involve an investment of approximately 180 million US dollars.
Under the energy supply contract to be assigned to EGP pursuant to today’s tender, the solar project delivers specified volumes of energy over a 25-year period to SECI.
The facility will be able to generate more than 750 GWh of renewable energy per year, enough to avoid the annual emission of around 681.600 tons of CO2 into the atmosphere.
Enel Green Power, through EGP India, one of India’s leading renewable energy companies, owns and operates 172 MW of wind capacity producing around 340 GWh per year in Gujarat and Maharashtra.
