AGEL arm bags 150 MWac solar project
Adani Green Energy arm AREHFifteenL has bagged a 150 MWac solar energy project capacity from Torrent Power. Adani Renewable Energy Holding Fifteen Ltd (AREHFifteenL), a wholly-owned subsidiary of Adani Green Energy Ltd NSE -2.76 % (AGEL), participated in a Tender issued by Torrent Power NSE -4.20 % Ltd for procurement of power through competitive bidding process, from grid connected solar photovoltaic power projects to be setup in Gujarat.
AREHFifteenL has been awarded a project capacity of 150 MWac Solar Power Project, a BSE filing said.
The fixed tariff for this project capacity is Rs 2.22/ kWh for a period of 25 years.
The project is expected to be commissioned by Q3 FY2023.
