Adani Green Energy Ltd (AGEL) on Friday said its wholly-owned subsidiary Adani Renewable Energy Holding Eight Ltd (AREHEightL) has been awarded a 600-megawatt wind-solar hybrid power project by Solar Energy Corporation of India.
“AREHEightL participated in a tender issued by SECI for setting up 1,200-MW ISTS-connected wind-solar hybrid power project.
“It has won the letter of award (LOA) for 600-MW wind-solar hybrid project. On December 31, 2020, AREHEightL received the LOA,” AGEL said in a statement.
The tariff for this project capacity has been fixed at Rs 2.41 per kilowatt-hour (kWh) for 25 years. The project is expected to be commissioned in a duration of 18 months from the date of signing the PPA (power purchase agreement), the company said.
