Deals25 Dec 2023, 05:41 pm
Adani Green Energy concludes PPA tie-up for entire 8000 MW manufacturing-linked SECI tender
AI Summary
Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power for a period of 25 years, completing the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it in June 2020. AGEL has also progressed on the commitments of the SECI manufacturing-linked solar PV tender, including setting up 2 GW of PV cell and module manufacturing facilities.,
Key Highlights
- Adani Green Energy concludes PPA tie-up for entire 8,000 MW manufacturing-linked SECI tender
- 1,799 MW solar power agreement with SECI for a period of 25 years
- AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender
- 2 GW of PV cell and module manufacturing facilities set up