- SB Energy, a joint venture between SoftBank, Bharti Enterprises and Foxconn, has commissioned a 350 MW solar power plant in India
- The plant location is Ghani Sakunala Solar Park in the state of Andhra Pradesh
- The project was commissioned 51 days ahead of the scheduled date mentioned in the PPA
- SB Energy had won this capacity in December 2015 for a winning tariff of 4.63 INR ($0.0716) per kWh
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SB Energy Holdings Limited has commissioned a 350 MW solar power plant in India. The plant is located in Andhra Pradesh. Commercial operations for the plant started on March 29, 2017 with the project completing 51 days ahead of the scheduled date in the PPA.
This is the first solar power capacity won in an auction by SB Energy, and commissioned under the Solar Parks scheme of the Jawaharlal Nehru National Solar Mission (JNNSM), sometimes also referred to as the National Solar Mission (NSM).
SB Energy had won the bid to develop a 350 MW solar power plant from the National Thermal Power Corporation (NTPC). Project location was Ghani Sakunala Solar Park in the Kurnool District of Andhra Pradesh.
SB Energy is a joint venture between SoftBank Group of Japan, Bharti Enterprises Limited of India and Foxconn Technology Group of Taiwan. It plans to commission 20 GW as its future goal for the Indian market.
The PV plant will provide clean power for a tariff of 4.63 INR ($0.0716) per kWh.
Ghani Sakunala Solar Park is a state-owned solar park where the government has already provided land and other facilities as roads, drainage, and evacuation.