Adani Green Energy receives LOA for 300 MW wind power project

Adani Green Energy receives LOA for 300 MW wind power project

Adani Renewable Energy Holding Fifteen Limited (AREHFL), a subsidiary of Adani Green Energy Limited (AGEL), has received a letter of award for 300 MW wind power project under a tender of Solar Energy Corporation of India (SECI).

“AREHFL participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1200 MW ISTS connected Wind Power Project (Tranche-X) and received the Letter of Award (LOA) to set-up 300 MW wind power project under this tender. The fixed tariff for this project capacity is Rs. 2.77/kWh for a period of 25 years,” an official statement said.

Speaking on this development Vneet S. Jaain, MD & CEO, Adani Green Energy Ltd said, “Wind energy forms an essential part of our business approach and is expected to continue a vital contribution to our growth plans. This award of 300 MW Wind Power Project is in line with our commitment to ramp up creation of a sustainable ecosystem for transitioning towards a greener future.”

With this, AGEL’s total renewable capacity now stands at 15,165 MW, of which 3,395 MW renewable plants are operational and 11,770 MW projects are under implementation.