AREPGL receives LOAs for 600 MW hybrid projects
20/06/2019 17:28
Adani Renewable Energy Park (Gujarat) Limited ("AREPGL"), a Wholly-owned Subsidiary of Adani Green Energy Limited ("AGEL") had won bids for setting up 600 MWac ISTS-connected Wind-Solar Hybrid Power Projects in a Tender issued by Solar Energy Corporation of India ("SECI"). The Company has received Letters of Award ("LOAs") from SEC I for the same. The fixed PPA tariff is Rs. 2.69/ kWh for a period of 25 years. Projects are expected to be commissioned by Q4 FY 2021.

With this, AGEL's portfolio of renewable generation capacity in India stands at 5.16 GWac with 2.02 GWac operational projects and balance 3.14 GWac in development stage.