Adani Renewable Energy Holding Fifteen Limited, a wholly-owned subsidiary of Adani Green Energy Limited, took part in a tender issued by Punjab State Power Corporation Limited for the procurement of 250 MW of solar power from ground-mounted grid-connected solar PV power plants and received a Letter of Award (LOA) to build a 150 MW solar power project.
For a period of 25 years, the fixed tariff for this project capacity is Rs. 2.34/kWh.
AGEL presently has a renewable energy project portfolio with a total capacity of 20.434 MWac, of which 5.410 MWac are operational. There are 11,591 MWac projects in construction, with 3.433 MWac projects nearing completion.
