"The project will deliver a capacity of 1177 MWp, easily surpassing the current largest 850 MWp single location plant in China," a company statement said.
According to the statement, with construction already underway, the prodigious plant, which is spread over a desert area of 7.8 sq km, is scheduled to be fully integrated with the grid in a record timeline of just 23 months. The project was awarded at the lowest ever recorded bid in the history of PV solar.
The consortium has successfully bid a tariff of USD 2.42 cents per kilowatt hour, marking the lowest cost ever for solar power.
The plant, once commissioned, would save around 7 million tonnes of carbon emissions every year, a number that would be a national landmark. The 1177 MWp can power around 1,95,000 homes.
More From This Section
"We are fully geared and very excited to be a part of this important milestone in the global solar market," said Bikesh Ogra, President - Renewable Energy, Sterling and Wilson in the statment.
The Mistry and Daruvala families have been partners in Sterling and Wilson for 3 generations. This partnership will only grow stronger, as the 4th generations of both families have recently joined the business, it added.