Adani Green Energy Signs PPA with SECI
Strategic Research Institute
Published on :
20 Dec, 2021, 5:31 am
Adani Green Energy Limited has signed a deal with the state-controlled Solar Energy Corporation of India to supply 4,667MW of renewable power generation capacity, as part of a manufacturing-linked solar tender first agreed in 2020. Adani Green Energy Limited has signed a power purchase agreement with SECI for a total generation capacity of close to 6,000MW of the 8,000MW awarded in June 2020, with the balance expected to be agreed on in the next 2-3 months.
India has 48,557MW of installed generation capacity for solar, according to the power ministry, while AGEL has 4,763MW of solar power capacity in operation and 10,080MW under construction. TotalEnergies has a 20pc stake in Adani Green Energy Limited, with an agreement to buy a 50pc stake in its operating solar assets.