Adani Green Energy subsidiary gets a 450 MW wind power project from SECI

Adani Green Energy owned Adani Renewable Energy Holding Fifteen secured the Letter of Award (LOA) for setting up a 450 Megawatt wind power project
Adani Green Energy subsidiary gets a 450 MW wind power project from SECI

New Delhi: Adani Renewable Energy Holding Fifteen (AREHF), a wholly-owned subsidiary company of Adani Green Energy Limited (AGEL) has secured the Letter of Award (LOA) for setting up a 450-megawatt wind power project from Solar Energy Corporation of India Limited (SECI).

In a regulatory filing to the stock exchanges, AGEL informed that Adani Renewable Energy Holding Fifteen had participated in a tender issued by SECI for setting up a 1,200 MW ISTS-connected wind power project (Tranche-XI) and has received the Letter of Award (LOA) for setting up 450 MW wind power project under this tender.

"The fixed tariff for this project capacity is Rs. 2.70/ kWh for a period of 25 years, the company added.

With this, AGEL now has a total renewable energy project portfolio of 20,284 MWac capacity, out of which 5,410 MWac projects are operational, 5,724 MWac projects are under construction and 9,150 MWac projects are near construction.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com