Adani Renewable Energy Holding Fifteen (AREHFifteenL), a wholly owned subsidiary of Adani Green Energy (AGEL) participated in a Tender issued by Torrent Power for procurement of power through competitive bidding process, from grid connected solar photovoltaic power projects to be setup in Gujarat.
AREHFifteenL has been awarded a project capacity of 150 MWac Solar Power Project.
The fixed tariff for this project capacity is Rs. 2.22/ kWh for a period of 25 years.
The Project is expected to be commissioned by Q3 FY2023.
Currently 3,520 MWac of renewable energy projects are operational. With this, AGEL now has a total portfolio 15,390 MWac of renewable energy project capacity, out of which 11,870 MWac projects are under implementation.
Powered by Capital Market – Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.