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Adani Green Energy arm bags tender to set up solar power project in Gujarat

Project is expected to be commissioned by Q3 FY 2021

Press Trust of India  |  New Delhi 

Gautam Adani
Gautam Adani

Green Energy Saturday said its subsidiary has been awarded a tender to set up a 150 MWac solar power project in and the project is expected to be commissioned by October-December quarter of 2020-21 financial year.

According to a regulatory filing, "Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Green Energy (AGEL), has been awarded for setting up 150 MWac solar power project in the tender issued by Urja Vikas Nigam to be developed in Gujarat".

"The fixed PPA tariff is Rs 2.671 kWh for a period of 25 years. Project is expected to be commissioned by Q3 FY 2021. With this, AGEL's portfolio of renewable generation capacity in stands at 4.31 GWac with 1.97 GWac operational projects and balance 2.34 GWac in development stage," said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sat, February 23 2019. 15:31 IST
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