Adani Green Energy, through its wholly owned subsidiary, Mahoba Solar (UP) has won tender for setting up 300 MWac solar generation project to be set up anywhere in India and connected through Inter State Transmission System (ISTS).
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. 2.71/kWh for a period of 25 years. Project is expected to be commissioned by Q3 FY 2021.
With this tender win, AGEL now has a portfolio of renewable generation capacity of 3.75 GWac with 1.96 GWac operational projects and balance 1.79 GWac in development stage.