On 10 May 2019
Adani Green Energy (UP), a wholly owned subsidiary of Adani Green Energy has commissioned 50 MWac Solar Power Project on 10 May 2019 in the State of Uttar Pradesh. The off-taker for the Said Project is Uttar Pradesh Power Corporation Limited. The PPA is for 25 years. The approved PPA tariff, at present, is Rs. 5.07 1 kWh. The Company has filed an appeal before Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs. 8.44/kWh to Rs. 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC). Further, Adani Renewable Energy Park (Gujarat) (AREPGL), a wholly-owned subsidiary of Adani Green Energy (AGEL) had also won bid for setting up 250 MWac wind power project in the Tender issued by Solar Energy Corporation of India (SECI). Letter of Award (LOA) for the same is awaited.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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