Gurgaon-headquartered O2 Power has commissioned its first solar project in India. The 250 MW PV project is located in the Jaisalmer district of Rajasthan.
The project was commissioned in two phases through April and May. It will supply electricity to Solar Energy Corporation of India Ltd (SECI) at a fixed tariff of INR 2.50 ($0.032)/kWh for 25 years. SECI, in turn, will sell the power to Rajasthan Urja Vikas Nigam Ltd to meet the state’s power demand.
The project uses Longi, Talesun and Chint bifacial modules.
O2 Power is owned by Swedish private equity firm EQT Infrastructure and Singapore’s state-owned Temasek. Headquartered in the Gurgaon district of the Indian state of Haryana, it focuses on developing utility-scale renewable projects across solar, wind, and hybrid via both greenfield project development and mergers and acquisitions. Parag Sharma leads the platform as chief executive officer.
This article was amended on June 7 to correct the names of module suppliers for the project.
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