Adani Green Energy has completed the power offtake tie-up for the entire 8,000 MW tender awarded to it by Solar Energy Corporation of India by executing a power purchase agreement (PPA) to supply 1,799 MW of solar power.
It had won the power supply bid in 2020 under SECI’s manufacturing-linked solar tender offer.
In an exchange filing, Adani Green said that it has progressed on the commitments of solar PV tender, including setting up 2 GW of PV cell and module manufacturing facilities. It has already commissioned a solar PV cell and module manufacturing plant with a capacity of 2 GW per annum through its associate company Mundra Solar Energy.
With this, Adani Green has tied up power purchase agreements of 19.8 GW and balance is merchant capacity in its 20.6 GW locked-in portfolio.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.