Adani Green Energy completes power purchase project of 8,000 MW for SECI
Adani Green Energy Ltd (AGEL), a renewable energy player, has finalised a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for the supply of 1,799 MW of solar power. This agreement for solar power has been inked for a 25-year period.
The PPA marks the completion of AGEL’s power offtake arrangements for the entire 8,000 MW manufacturing-linked solar tender awarded by SECI in June 2020, setting a world record for the largest solar tender.
AGEL has established 2 GW of photovoltaic (PV) cell and module manufacturing facilities, with a commissioned plant at Mundra, Gujarat. AGEL’s associate company, Mundra Solar Energy Ltd (MSEL), operates the manufacturing plant and holds a 2 GW annual capacity.
