Adani green energy wins tender to set up power project in Gujarat

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Adani Renewable energy park, a fully owned subsidiary of Adani green energy gets a tender for setting up a 150MWac power project in Gujarat. The project is expected to complete in the December quarter of the FY2020-21.

The aforesaid tender was issued by the Gujarat Urja Vikas Nigam.

“Adani Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy (AGEL), has been awarded for setting up 150 MWac solar power project in the tender issued by Gujarat Urja Vikas Nigam to be developed in Gujarat,” as per the regulatory filing.

“The fixed PPA tariff is Rs 2.671 kWh for a period of 25 years. Project is expected to be commissioned by Q3 FY 2021. With this, AGEL’s portfolio of renewable generation capacity in India stands at 4.31 GWac with 1.97 GWac operational projects and balance 2.34 GWac in development stage,” Adani Green Energy said.

Adani Green energy, is leading solar power generation company headquartered in Ahemdabad, Gujarat.

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