Adani Green Energy Ltd (AGEL) on Thursday said it has secured $400 million from a consortium of five international banks for its under construction solar projects of 750 MW in Gujarat and Rajasthan. These projects are expected to come online from November 2024 onwards, a company statement said.
One of the projects is being developed in Rajasthan with 500 MW capacity and has a long-term power purchase agreement (PPA) with Solar Energy Corporation of India (SECI).