Author: PPD Team Date: 02/05/2025
IRCON Renewable Power Limited (IRPL) has commissioned 75 MW solar capacity under Lot-4 of the 500 MW Grid-Connected Solar PV Power Project (CPSU Tranche-III) at Pavagada, Karnataka, on May 2, 2025. This brings the total commissioned capacity under the project to 225 MW.
The project is part of the 12,000 MW CPSU Scheme Phase-II and is being developed with viability gap funding (VGF) support on a build, own and operate (BOO) basis. Power will be supplied to South Western Railway (SWR) at a tariff of Rs 2.45 per kWh.
IRPL is a joint venture of IRCON International Limited and Ayana Renewable Power Private Limited. In April 2025, Ayana Renewable was acquired by ONGC NTPC Green, the joint venture of NTPC Green Energy Limited (NGEL) and ONGC Green Energy Limited (OGL).