Connect with us

The Plunge Daily

Adani Green arm bags 450 MW wind energy project

AGEL arm bags 450 MW wind energy project

Business

Adani Green arm bags 450 MW wind energy project

Adani Green Energy subsidiary Adani Renewable Energy Holding Fifteen has received a letter of award (LOA) for setting up a 450 MW wind energy project.



“Adani Renewable Energy Holding Fifteen Limited, a wholly-owned subsidiary of Adani Green Energy Limited had participated in a tender issued by Solar Energy Corporate of India Limited (SECI) for setting up 1,200 MW ISTS-connected Wind Power Project (Tranche-XI) and has received the Letter of Award (LOA) to set-up 450 MW wind power project under this tender,” a BSE filing said.


Also read: US seizes made-in-China toys popular in India for having dangerous chemicals

The fixed tariff for this project capacity is Rs 2.70/ kWh for 25 years. With this, AGEL now has a total renewable energy project portfolio of 20,284 MWac capacity, out of which 5,410 MWac projects are operational, 5,724 MWac projects are under construction, and 9,150 MWac projects are near construction. Near Construction’ denotes that a Letter of Award is received and PPA (power purchase agreement) to be signed.


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top
Loading...