Equity Funding and Strategic Update
Projects Commissioned- Utility and C&I
as on 31st Jan 20
Project Names
Commercial
Operation
Date(1)
PPA Capacity DC Capacity
(MW)
(MW)
Tariff
(INR/kWh)
Operational - Utility
Off taker
Duration
of PPA in
Years
Credit Ratings 5)
Bihar1 (4)
Q3 2016
10
11
8.39
North & South Bihar Power Distribution Company Ltd
Punjab 4.1(3,4)
Q4 2016
50
52
5.62
Punjab State Power Corporation Limited
Punjab 4.2(3,4)
Q4 2016
50
52
5.63
Punjab State Power Corporation Limited
Punjab 4.3(3,4)
Q4 2016
50
52
5.64
Karnataka 3.1 (4)
Q1 2017
50
54
6.51
Karnataka 3.2(4)
Q1 2017
40
42
6.51
Karnataka 3.3(4)
Q1 2017
Maharashtra 1.1
Maharashtra 1.2
Uttar Pradesh 2
Telangana 1(4)
Q1 2017
Q1 2017
725
40
Andhra Pradesh 2
Q2 2017
100
Q2 - Q3 2017
50
Q1 2018
100
Uttar Pradesh 3
Q2 2018
40
Andhra Pradesh 3
Q2 2018
50
59
Gujarat 2
Q4 2018-
260
Q1-2019
Karnataka 4.1
Karnataka 4.2
Rajasthan 5(2)
Maharashtra 3
Total Operational Capacity -
Utility
Q1 2019
50
7203224255
6.51
5.50(2)
6
5.31
Punjab State Power Corporation Limited
Chamundeshwari Electricity Supply Company
Hubli Electricity Supply Company Limited
Gulbarga Electricity Supply Company Limited
Ordnance Factory, Bhandara
Ordnance Factory, Ambajhari
25
5.12
NTPC Limited
59
4.78
NTPC Limited
25
128
4.67
NTPC Limited
25
4.43(2)
Solar Energy Corporation of India
25
4.43(2)
Solar Energy Corporation of India
25
2.67
Gujarat Urja Vikas Nigam Limited
25
222222222222222
25
B+
25
A
A
25
A
25
A
25
BB
A
AA+
25
AA+
25
AAA
AAA
AAA
AA+
AA+
AA-
2.93
Bangalore Electricity Supply Company
25
A+
Q1 2019
50
75
2.93
Hubli Electricity Supply Company Limited
25
BB
Q2-Q3 2019
200
262
2.48
Solar Energy Corporation of India
25
AA+
Q3 2019
130
195
2.72
Maharashtra State Electricity Distribution Company Limited
25
A
1,658
2,048
Total Operational Capacity -
C&I(4,5)
2013 Q4 2019
146
146
5.52(3)
Various
25
Total Operational
1,804
2,194
(1) Refers to the applicable quarter of the calendar year. (2) Projects are supported by viability gap funding, in addition to the tariff, (3) Includes projects with capital incentives; levelized tariff, (4) Projects under Restricted Group (5) Punjab Rooftop, 10
MW is in Restricted Group (5) Source: Ministry of Power 7th Annual Integrated Rating, ICRA, CARE, Crisil and India Ratings
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