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Adani Renewable Energy Park (Gujarat) to set up wind-solar hybrid projects

Thursday, 20 Jun 2019

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Adani Renewable Energy Park (Gujarat) (AREPGL), a wholly-owned subsidiary of Adani Green Energy (AGEL), has won bids for setting up 600 MW ISTS-connected wind-solar hybrid power projects.

The tender for this project had been issued by the Solar Energy Corporation of India (SECI). The company has received letters of award (LoAs) from SECI for the same. The fixed PPA tariff is Rs 2.69 per kWh for a period of 25 years.

The projects are expected to be commissioned by Q4/FY21. With this, AGEL's portfolio of renewable generation capacity in India stands at 5.16 GW with 2.02 GW operational projects and balance 3.14 GW in development stage.