Adani Green subsidiary bags solar power project in Gujarat

Adani Green Energy (AGEL) announced that its wholly-owned subsidiary, Adani Renewable Energy Holding Fifteen (AREHFifteenL) has secured a 150 MWac solar power project in Gujarat.AREHFifteenL had participated in a tender issued by Torrent Power for procurement of power through competitive bidding process, from grid connected solar photovoltaic power projects to be setup in Gujarat.
The fixed tariff for the project capacity is Rs 2.22/ kWh for a period of 25 years. The project is expected to be commissioned by Q3 FY2023.
Currently 3,520 MWac of renewable energy projects are operational. With this, AGEL now has a total portfolio 15,390 MWac of renewable energy project capacity, out of which 11,870 MWac projects are under implementation.

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