Adani Green Energy commissions its 700 MW wind-solar hybrid power plant at Jaisalmer

Image
Capital Market
Last Updated : Mar 03 2023 | 10:04 AM IST

Adani Green Energy (AGEL), the renewables arm of the Adani Group, now has its fourth wind-solar hybrid power plant fully operational at Jaisalmer in Rajasthan and the asset has been capitalized. The combined operational generation capacity of this newly added hybrid power plant is 700 MW and has a Power Purchase Agreement (PPA) at Rs 3.24/kwh for 25 years. This new hybrid power plant consists of a combination of 600 MW solar and 510 MW wind plants.

The latest hybrid plant deploys advanced renewable technologies like bifacial solar PV modules and horizontal single-axis trackers (HSAT) systems to enable maximum electricity generation from solar energy. The plant is co-located and is designed to deliver CUF of minimum 50%, the highest CUF of any renewable project in India. The plant harnesses the potential of renewable energy by resolving intermittency of the generation and provides a more reliable solution to meet the rising power demand.

With this, AGEL's operating wind-solar hybrid portfolio has now reached 2,140 MW, continuing to be the largest in the world. With the successful operationalisation of the 700 MW plant, the world's largest wind-solar hybrid power plant, AGEL now has the largest operating renewable portfolio in India with 8,024 MW. The plant is housed under AGEL's 100% subsidiary, Adani Hybrid Energy Jaisalmer Four.

Earlier in May 2022, AGEL had operationalised India's first hybrid power plant of 390 MW. This was followed by the commissioning of the world's largest co-located hybrid power plant of 600 MW in September 2022 and the third hybrid power plant of 450 MW in December 2022. All three of these hybrid energy generation assets are located in Jaisalmer, Rajasthan.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Mar 03 2023 | 9:50 AM IST

Next Story