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Adani Green Energy Limited wins tender for setting up 300 MW Wind generation project

Posted On: 2018-09-26 07:36:07

Adanl Green Energy Limited ("AGEL") has won tender for setting up 300 MW Wind generation project to be set up anywhere in India and connec ted through Inter State Transmission System ("ISTS"). The tender was floated by Solar Energy Corporation of India ("SECI") and which shall also be the PPA counterparty. The fixed PPA tariff is Rs. 2.76/kWh for a period of 25 years. Project is expected to be commissioned by Q2 FY 2021.

With this, AGEL's portfolio of renewable generation capacity in India now stands at 3.50 GWac with 1.96 GWac operational projects and balance 1.5 4 GWac in development stage.


Source: Equity Bulls

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