The subsidiary of Adani Green Energy has flagged off a solar power project at Khirsara in Gujarat. It will have a capacity of 100 megawatts and will take the company’s total operational renewable capacity to 2,950 mw, according to a statement from the company.
The subsidiary, Adani Solar Energy Kutchh Two, has a 25-year-long power purchase agreement (PPA ) with the Gujarat Urja Vikas Nigam India (GUVNL) to supply the power at Rs 2.44 a unit.
“The commencement of 100 MWac (megawatts of alternating current) solar power project in Khirsara, Kutchh, Gujarat in line with the Adani Group’s legacy of scale and speed and is another significant step towards achieving our vision of 25 GW renewable energy by 2025,” said Vneet S. Jaain, Managing Director and Chief Executive Officer of Adani Green Energy.
AGEL has a total renewable portfolio of 14,195 mw, which includes 11,245 mw of projects that have been bagged or are under execution.