Adani Green Energy Ltd (AGEL) said it has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. This plant has a power purchase agreement with Noida Power Company Ltd (NPCL) at Rs 3.08/KWh. With this commissioning, AGEL’s total operational renewable capacity has grown to 2,975 MW.
The plant will be connected to AGEL’s state-of-the-art Energy Network Operation Centre that continuously monitors and analyses performance of 80+ solar and wind plants across diverse locations in India, the statement said.
With the commissioning of this project, AGEL has total renewable capacity of 14,795 MW including 11,820 MW awarded and under implementation projects. ”Adani Green is on its course to achieve renewable capacity of 25 GW by 2025 and become the world’s largest renewable power company by 2030,” said an AGEL statement.
Last year, Adani Green Energy Ltd also won a government contract to build solar plants in India with a total capacity of 8 gigawatts (GW) at a cost of $6 billion over the next five years. The renewable energy developer, part of the Adani Group, said the first 2 GW of generation capacity will come onstream by 2022 and the rest will be added in annual 2 GW increments through 2025.
The Adani Group will also establish a solar cell and module manufacturing capacity of 2 GW by 2022 as a part of the contract from state-run Solar Energy Corp of India (SECI), it said. Adani Green Energy said it will invest Rs 45,000 crore to execute the world’s largest solar order.