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Transactions - JUNE 19, 2019

Adani Green Energy secures bid for 600MW solar-wind hybrid projects in India

by Kali Persall

Adani Green Energy has won the bid for 600-megawatt wind-solar hybrid power projects in a tender issued by the Solar Energy Corporation of India.

Adani has reportedly received letters of award from SECI for the fixed power purchase agreement, which includes a tariff of Rs. 2.69-per-kilowatt hour ($.039-per-kilowatt-hour) for 25 years.

The projects are expected to be commissioned by December 2021 and will bring Adani’s renewable generation capacity portfolio in India to 5.16 gigawatts.

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