Adani Green inks 1,799 MW solar power deal with SECI, completes 8,000 MW commitment!

Adani Green Energy Ltd finalised a power purchase agreement with the Solar Energy Corporation of India to deliver 1,799 MW of solar power. This agreement marks the completion of AGEL’s power offtake commitments for the 8,000 MW manufacturing-linked solar tender awarded by SECI in June 2020

      The company reported commissioning a plant with a 2 GW annual capacity through its subsidiary Mundra Solar Energy Ltd, situated in Mundra, Gujarat

      AGEL holds a 26 per cent stake in Mundra Solar Energy Ltd through its wholly-owned subsidiary, Adani Renewable Energy Holding Four Ltd.

      With secured PPAs for 19.8 GW and extensive land holdings, Adani Green Energy aims to mitigate risks, targeting a substantial expansion to 45 GW by 2030.

About SECI (Solar Energy Corporation of India):