Oriano Solar, a Mumbai-based Engineering Procurement Construction (EPC) firm, has completed two solar photovoltaic (PV) projects totaling 40 MW in the state of Karnataka.
The projects have been installed in Belagavi and Gadag districts for First Solar, a module supplier and solar project developer.
A senior official at Oriano Solar informed Mercom that the two projects were completed within a period of three and a half months. “More than four hundred thousand First Solar thin film modules were used in the two projects,” he added. The official, however, refused to disclose the overall EPC costs incurred.
The power off-takers for the two projects are Chamundeshwari Electricity Supply Corporation Limited (CESC) and Gulbarga Electricity Supply Company (GESCOM).
First Solar has signed a 25-year Power Purchase Agreement (PPA) with the CESC at a tariff of ₹5.48 (~$0.0856)/kWh and with GESCOM at ₹5.46 (~$0.0853)/kWh, as per Mercom’s India Solar Project Tracker.
Both the projects collectively generate 82.83 MWh of solar energy per annum.
“This is Oriano’s first project with thin film solar modules, and their commitment to deliver on time within budgets was exemplary,” First Solar’s India head, Sujoy Ghosh, said.
Oriano has executed 125 MW of projects in the country to date and has over 200 MW of projects in the pipeline for the next year.
The projects are constructed with First Solar’s Cadmium Telluride (CdTe) thin film PV technology, coupled with forty 1,500V inverters, for optimal utilization.
Ankita is an editor at MercomIndia.com where she writes and edits clean energy news stories and features. With years of experience in the news business, Ankita has a nose for news and an eye for detail. Prior to Mercom, Ankita was associated with The Times of India as a copy editor for the organization’s digital news desk. She holds a Bachelor’s degree in Psychology from Delhi University and a Postgraduate Diploma in journalism. More articles from Ankita Rajeshwari.