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This ambitious undertaking represents a significant stride towards generating more electricity from renewable sources.
Dholera Solar Park at a glance
The Dholera investment project stands as an exceptionally capital-intensive initiative with an approximate cost of INR 25,000 crore (about 2.8 billion euro).Adopting a well-structured approach, this project is designed on a Public-Private Partnership model, strategically raising long-term funds from discerning investors. This financial framework ensures a systematic capital deployment, fostering sustainable development in alignment with the overarching national RES goals.
Spanning over 11 thousand hectares of derelict land owned by the Gujarat State, the proposed site is situated in the Gulf of Khambhat region within the Dholera Special Investment Region. This land is subject to multiple uses, including the cultivation of mangroves or the construction of renewable energy facilities, simplifying the environmental cleanup process.
New large solar park will create employment opportunities for over 20 thousand people in Gujarat.
The most important facts about the facility:
• Renewable energy hub: Positioned within the Dholera SIR, the solar park aims to become a prominent center for RES projects, contributing significantly to India's clean energy goals.
• TATA Power Solar expertise: India's first and largest integrated solar power company, TATA Power Solar, brings its expertise to Dholera. With a proven track record of over 1.5 GW, this company plays a pivotal role in advancing solar energy initiatives.
• Strong government support: The Gujarat State government, recognizing the importance of renewable power generation, has granted approval for a huge land parcel, making way for the world's largest renewable solar PV investment project.
• Project milestone: TATA Power Solar achieved a significant milestone by securing first 100 MW solar project in Dholera Solar Park (2020). The project, awarded by GUVNL, is poised to enhance the solar capacity of the region.
• Strategic location: Gujarat, being one of India's solar-developed states, provides an ideal environment for solar PV generation. Dholera's geographical advantages include high solar power potential on land, robust distribution infrastructure, and utility networks.
• Comprehensive planning: The solar plant spans a vast area of about 8,600 hectares within the Dholera SIR, with town planning covering 520 sq. km. The project strategically avoids environmentally sensitive areas, showcasing a commitment to ecological considerations.
• Connectivity: Dholera Solar Park is well-connected, with the site touching the Gulf of Khambhat on the eastern side and the Sukhbhadar River flowing through the periphery.
• Environmental responsibility: The investment project underscores a commitment to environmental responsibility, ensuring that eco-sensitive areas remain undisturbed during implementation. This approach aligns with sustainable practices and conservation efforts.
• Global collaboration: The project invites global businesses and investors to participate in the growth of India's RES sector, creating a collaborative platform for sustainable development.
Gujarat as one of India's solar-developed states, achieved a solar capacity of 7,180 MW by 2022, attesting to its pioneering role in solar PV generation. The state's proactive stance extends to rooftop solar power generation schemes and continuous innovations, with Dholera Solar Park emerging as a catalyst for new projects to seize the first-mover advantage toward realizing a pollution-free India.
Positioned as the focal point for renewable energy initiatives in India, Dholera SIR is poised to lead the way in job creation through initiatives such as the Lithium-Ion Battery Plant and Solar PV Plant. By investing diversely in RES, Dholera not only foresees a promising future for global enterprises but also aligns seamlessly with the overarching goal of cultivating an eco-friendly business projects.
Dholera Special Investment Region
Dholera Special Investment Region emerges as a greenfield industrial city, developed and overseen by a Special Purpose Vehicle (SPV) Dholera Industrial City Development Limited.Encompassing an expansive area of 920 square kilometers, this greenfield project strategically connects with large urban hubs such as Ahmedabad, Rajkot, and Baroda, thereby enhancing its regional significance.
Dholera SIR is conceived as a self-sufficient integrated ecosystem, seamlessly blending urban and industrial components to foster a thriving economic terrain. Situated in Gujarat, it leverages state's conducive environment for industrial development, adding an advantage to its strategic positioning. The city's master plan envisions diverse land uses, including mixed-use zones, recreational areas, tourism hubs, IT clusters, a central business district, and logistical infrastructure.
Dholera's unique geographical features, including its sea coast, nature park, and golf course, add a touch of natural allure to its urban landscape.
Embracing a commitment to premium civic amenities, Dholera is equipped to cater to both the international and domestic markets.
Its strategic location in close proximity to the Gujarat International Finance TechCity (GIFT) and the Petro-chemicals and Petroleum Investment Region (PCPIR) amplifies its economic potential. Dholera SIR operates within a well-established framework, benefiting from the Logistic support of the Dedicated Freight Corridor (DMIC) and the high-impact Delhi Mumbai Industrial Corridor (DMIC).
Dholera Special Investment Region stands as a vast canvas of opportunity. This ambitious project is fortified by world-class infrastructure and connectivity, epitomizing efficiency and accessibility. A central spine expressway and a sophisticated Metro Rail network serve as lifelines, linking the SIR with mega cities. The placement of an airport and sea port in close proximity adds an additional layer of connectivity, underlining Dholera's position as a hub with global reach.
Public investment in core infrastructure underscores the government's commitment to catalyze growth of the region.
Emphasizing this grand vision is an empowered administrative mechanism, characterized by autonomy in business operations, flexibility in decision-making, and the freedom to plan. Dholera Special Investment Region emerges not just as a self-governed economic entity but as a harmonious blend of government support and private sector engagement. Various PPP modes, such as BOT and BOOT, are already operational, providing a structured foundation for large-scale collaboration.
Dholera Solar Park signifies a strategic move towards green energy practices and development.
The use of advanced project financing tools makes the implementation of such projects possible on a global scale.
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