Adani Green Energy receives 300MW wind power project order

AGEL’s total renewable capacity now stands at 15165 MW, of which 3395 MW renewable plants are operational and 11770 MW projects are under implementation.
AREHFL, a subsidiary of Adani Green Energy Limited AGEL, had participated in the tender issued by SECI for setting up 1,200 MW ISTS-connected Wind Power Project (Tranche-X) and received the Letter of Award (LOA) to set-up 300 MW Wind Power Project under this tender. The fixed tariff for this project capacity is Rs2.77/kWh for a period of 25 years.

With this, AGEL’s total renewable capacity now stands at 15165 MW, of which 3395 MW renewable plants are operational and 11770 MW projects are under implementation.

Speaking on this development Vneet S. Jaain, MD & CEO, Adani Green Energy Ltd said, “Wind energy forms an essential part of our business approach and is expected to continue a vital contribution to our growth plans. This award of 300 MW Wind Power Project is in line with our commitment to ramp up creation of a sustainable ecosystem for transitioning towards a greener future.”

The Company hits new 52-week high at Rs1,251.05 on Monday at early trading hours.