 "Adani Green commissions 100-Mw solar project ahead of schedule")
Adani Solar Energy Kutchh Two Private Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has commissioned a 100-Mw solar power project at Khirsara, Gujarat, ahead of the schedule.
The project has a power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL) at Rs 2.44/kWh (unit) for 25 years.
With this project, the total operational renewable capacity of AGEL has reached 2,950 Mw. The company in a statement said this indicates a CAGR of 55 per cent in capacity addition, since March 2016. AGEL has total renewable capacity of 14,195 MW including 11,245 Mw awarded and under implementation projects; and targets commissioning of renewable capacity of 25 Gw by 2025, said the company’s statement.
“The commencement of the 100-Mw solar power project is another significant step towards achieving our vision of 25 Gw renewable energy by 2025,” said Vneet S Jaain, MD & CEO, AGEL.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%