Global Acres June 23, 2025 0 Comments

Dholera Solar Park: India’s Most Trusted Green-Energy Megaproject

Dholera Solar Park

Dholera Solar Park isn’t just a sprawling field of solar panels—it’s a beacon of India’s green revolution and a smart investment gateway. With a planned capacity of 5,000 MW spread across 11,000 hectares, this project presents not only a massive energy punch, but also a transformative economic and environmental opportunity.

Here’s why it stands out:

  • Massive scale: Beyond the initial 300 MW, it’s set to grow to 5 GW.

  • Government backing: Supported by DSIRDA, SECI, GUVNL, GPCL, and POWERGRID.

  • Long-term stability: Anchored by 25-year PPAs and minimal operational risk.

Prime Location & Connectivity

Located about 80–100 km from Ahmedabad in the Dholera Smart City region (DSIR), the solar park benefits from:

  • Being part of the DMIC corridor, with upcoming freight rail and expressways.

     

  • The upcoming Dholera International Airport and completed highway upgrades set to boost logistics.

     

  • A ready-made plug-and-play infrastructure: water, electricity, comms—all managed by GPCL/GETCO/SECI.

     

Dholera sir map

Phase-wise Development & Status

Phase I – 300 MW

  • Developed by Tata Power Solar, operational since April 2022.

     

  • Generates approximately 774 MU annually.

     

  • Uses Single-Axis Trackers, improving output by ~15%.

     

Phase II – 700 MW

  • Awaiting land allotment approval and PPA finalisation.

     

  • A tariff of ₹2.78/unit is under review at GERC (as of June 2025).

     

Phase III – Remaining ~4,000 MW

  • In the planning and tendering stage, being developed by SECI/GPCL under the national mega-solar initiative.

     

Investment Perspective & ROI Potential

This is where things get exciting for investors, especially those looking for long-term green opportunities:

Investment Feature

Detail

Tariff

₹2.78 per unit (Phase I agreements)

Capex

₹4–4.5 Cr per MW

Payback Period

Estimated 5–6 years

Government Incentives

Accelerated Depreciation, GST exemptions, VGF, PLI schemes

Environmental Impact

~246 million kg CO₂ reduction/year for Phase I

This combination of green credentials and financial incentives makes it a compelling proposition.

Legal & Regulatory Framework

  • GERC petition: Developers are contesting tariff and land lease terms. The hearing was held in June 2025.

  • CRZ‑I B clearance: Coastal zone approvals are in place to ensure eco-compliant development.

  • RERA compliance: Applicable if user-facing models (like leasing or SPVs) are introduced.

Technological Edge & Innovations

  1. Single‑Axis Trackers: Follow the sun, boosting power output by 15–18%.

  2. AI-Monitored Maintenance: Real-time fault detection and performance optimization.

  3. Flood-Ready Platforms: Panel foundations elevated at 380–450 mm on PCC structures.

  4. Grid-Storage Ready: Designed to integrate future battery systems or hybrid grid setups.

Local Economy & Community Benefits

  • Over 20,000 direct and indirect jobs during construction and operation.

  • Sparks growth in manufacturing, logistics hubs, and semiconductor plants.

  • Upgrades in roads, utilities, and smart-city systems, benefiting the entire region.

Comparative Outlook

Project

Capacity

Tariff (₹/unit)

Estimated ROI

Dholera Solar Park

5,000 MW

₹2.78

~6 years

Bhadla Solar Park (Rajasthan)

2,245 MW

₹2.90

~7 years

Pavagada Park (Karnataka)

2,050 MW

₹2.91

~7 years

Dholera offers 10–15% better ROI compared to similar large-scale solar projects.

Expert Insight

  1. Policy-backed Infrastructure: Plug-and-play land and infrastructure reduce entry barriers.

  2. Stable Revenue Flow: 25-year PPAs ensure predictable cash flow.

  3. NRI and Institutional-Friendly: Multiple pathways for investment, with strong regulatory clarity.

“Dholera is more than a solar park—it’s a green growth catalyst for Gujarat and India’s industrial roadmap.”

Dholera Solar Park : FAQs

Phase I (300 MW) is operational, Phase II is under regulatory review, and the rest is in planning.

 The current agreed upon tariff is ₹2.78/unit under Phase I.

 Through EPC partnerships, SPVs, or land-lease models facilitated locally

 Typically 5–6 years for full return on initial investment.





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