Adani Green Energy secures $400 mn from international banks for 750 MW power projects

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).

Read more

You may also like

Comments are closed.

More in Newspapers