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Adani Green Energy wins SECI tender for setting up 300 MW wind generation project

Capital Market 

Adani Green Energy has won tender for setting up 300 MW Wind generation project to be set up anywhere in India and connected through Inter State Transmission System. The tender was floated by Solar Energy Corporation of India (SECI) and which shall also be the PPA counterparty.

The fixed PPA tariff is Rs. 2.76/kWh for a period of 25 years. Project is expected to be commissioned by Q2 FY 2021.

With this, AGEL's portfolio of renewable generation capacity in India now stands at 3.50 GWac with 1.96 GWac operational projects and balance 1.54 GWac in development stage.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 25 2018. 20:22 IST