Deals14 Nov 2025, 08:11 am
Adani Green Energy Subsidiary Wins 500 MW Energy Storage Capacity Contract from Assam Power Distribution Company
AI Summary
Adani Saur Urja (KA) Limited, a wholly-owned subsidiary of Adani Green Energy Ltd, has secured a Letter of Award (LOA) from Assam Power Distribution Company Limited (APDCL) for a 500 MW energy storage capacity from a Pumped Hydro Storage plant. The LOA was received on November 13, 2025, following a competitive bidding process conducted by APDCL. The annual fixed cost (tariff) payable under the LOA is Rs. 1,02,92,887 per MW per annum for the entire period of 40 years from the COD.
Key Highlights
- Adani Saur Urja (KA) Limited, a subsidiary of Adani Green Energy Ltd, has won a 500 MW energy storage capacity contract from Assam Power Distribution Company Limited (APDCL).
- The capacity is secured through a competitive bidding process conducted by APDCL.
- The annual fixed cost (tariff) payable under the LOA is Rs. 1,02,92,887 per MW per annum for the entire period of 40 years from the COD.
- The LOA was received by the Company at 4.30 PM on November 13, 2025.