Adani Secures Power Purchase Pacts for 8GW of Solar Projects - Bloomberg
Adani Green Secures Power Purchase Pacts for 8GW of Solar Projects - Bloomberg
Adani Secures Power Purchase Pacts for 8GW of Solar Projects
- Adani Green now has offtake pacts for 19.8 gigawatts of power
- Company plans a five-fold increase in its green power capacity
Adani Green Energy Ltd. has secured buyers for the entire 8 gigawatts of green power projects it won in a tender more than three years ago, reaching a milestone in its plan to expand generation capacity by more than five-fold by the end of the decade.
The green energy arm of billionaire Gautam Adani’s coal-to-airports conglomerate signed a 25-year contract with Solar Energy Corp. of India, or Seci, for the remaining 1.8 gigawatts, it said Monday. State-run Seci conducted the auction and is the intermediary between the project developer and buyers of electricity.
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Adani Secures Power Purchase Pacts for 8GW of Solar Projects
Related Knowledge Center: ENERGY BASICS: solar
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