- Adani Renewable Energy Holding Fifteen Limited (AREHFL), a subsidiary of Adani Green Energy Limited (AGEL) receives LOA for 300 MW Wind project
- AREHFL participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1200 MW ISTS connected Wind Power Project (Tranche-X)
- The fixed tariff for this project is Rs. 2.77/ kWh for a period of 25 years
- With this, AGEL now has a total portfolio 15165 MW of renewable energy project
Ahmedabad, 22 March, 2021: AREHFL, a subsidiary of AGEL, had participated in the tender issued by SECI for setting up 1,200 MW ISTS-connected Wind Power Project (Tranche-X) and received the Letter of Award (LOA) to set-up 300 MW Wind Power Project under this tender. The fixed tariff for this project capacity is Rs. 2.77/kWh for a period of 25 years.
With this, AGEL’s total renewable capacity now stands at 15165 MW, of which 3395 MW renewable plants are operational and 11770 MW projects are under implementation.
Speaking on this development Mr. Vneet S. Jaain, MD & CEO, Adani Green Energy Ltd said, “Wind energy forms an essential part of our business approach and is expected to continue a vital contribution to our growth plans. This award of 300 MW Wind Power Project is in line with our commitment to ramp up creation of a sustainable ecosystem for transitioning towards a greener future.”
About Adani Green Energy Limited
Adani Green Energy Limited (“AGEL”), a part of India-based Adani Group, has one of the largest global renewable portfolios with 15 GW of operating, under-construction and awarded projects catering to investment-grade counterparties. The company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects. Key customers of AGEL include the National Thermal Power Corporation (“NTPC”), Solar Energy Corporation of India (“SECI”) and various state discoms. Earlier this year, Mercom Capital, the US-based think tank ranked the Adani Group as the #1 global solar power generation asset owner.
(Sanket Mehta)
