Adani green energy news

Business

AGEL added 925 MW operational capacity in FY21 despite pandemic

May 6, 2021 sanket

AGEL has been awarded/ declared L1 bidder for 13,550 MW new renewable projects in FY21 taking locked-in growth up to ~ 20,000 MW (1) AGEL’s Total Income for FY21 up by 34% YoY at Rs. 3,520 cr Sale of Energy for FY21 up by 25% YoY at 5,482 mn units Solar portfolio Plant availability up […]

Business

Adani Green Energy to acquire 75 MW operating solar projects from Sterling & Wilson for Rs. 446 Cr

March 24, 2021 sanket

AGEL has signed definitive agreements with Sterling & Wilson Private Limited for the acquisition of 100% stake in two special purpose vehicles (SPVs) that own 75 MW operating solar projects at Telangana The acquisition is at an enterprise valuation of approximately Rs. 446 Cr With this acquisition, AGEL will have operating renewable capacity of 3,470 […]

Business

Adani Green Energy receives LOA for 300 MW Wind Power Project

March 22, 2021 sanket

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. […]