Adani Green gets 600-MW wind-solar hybrid power project from SECI

January 3, 2021 Stu Turley Renewables Not Sustainable, Solar
Adani Green Gets 600-MW wind-solar hybrid

With the latest win, AGEL’s total capacity stands at 14,795 megawatts (MW) of renewable energy. Of this, 2,950 MW of renewable energy projects are operational and 11,845 MW projects are under implementation, it said

New Delhi: Adani Green Energy Ltd (AGEL) on Friday said its wholly-owned subsidiary Adani Renewable Energy Holding Eight Ltd (AREHEightL) has been awarded a 600-megawatt wind-solar hybrid power project by Solar Energy Corporation of India. “AREHEightL participated in a tender issued by SECI for setting up 1,200-MW ISTS-connected wind-solar hybrid power project.

“It has won the letter of award (LOA) for 600-MW wind-solar hybrid project. On December 31, 2020, AREHEightL received the LOA,” AGEL said in a statement.

The tariff for this project capacity has been fixed at Rs 2.41 per kilowatt-hour (kWh) for 25 years. The project is expected to be commissioned in a duration of 18 months from the date of signing the PPA (power purchase agreement), the company said.

ETEnergyWorld

About Stu Turley 4798 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.

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