Adani Green Energy through its subsidiary, Adani Solar Energy Four Private (ASE4PL) commissioned a 100 MW (2×50 MW) solar power plants at Jalalabad in Shahjahanpur district and Sahaswan in Budaun district of Uttar Pradesh. The plants were commissioned almost one month ahead of their scheduled commissioning date, a company statement said.
Both the plants have power purchase agreements (PPAs) with Uttar Pradesh Power Corporation Limited at Rs 3.22/kWh and 3.19/kWh, for 25 years.
AGEL’s Energy Network Operation Centre (ENOC) platform will also embrace these two commissioned solar power plants for delivering consistent performance. With this, we have added a capacity of 700 MW capacity since the beginning of challenging COVID-19 pandemic crisis, the company said.
Speaking on this development, Vineet S Jain, MD and CEO, Adani Green Energy said in the statement, “The company’s approach of 3 years of advanced site resource estimation, design planning, supply chain assurance with our team’s commitment and ability to deliver projects with great focus, makes it possible for us to execute the projects ahead of committed schedule.
“It also asserts our expertise in executing and operating the plants. With this, we continue to strengthen our advancement towards our long-term vision to achieve renewable capacity of 25 GW by 2025 through a mix of strategic approach and operational excellence.”
Early last month, Adani Solar Energy Chitrakoot One, a step-down subsidiary of Adani Green Energy (AGEL), had commissioned another 25 MW solar power plant in Chitrakoot, in Uttar Pradesh. The plant has a power purchase agreement (PPA) with Noida Power Company (NPCL) at Rs 3.08/kWh.
Adani Green Energy, a part of India-based Adani Group, has one of the largest global renewable portfolios over 14,815 MW of operating, under-construction and awarded projects catering to investment-grade counterparties. The company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects. Key customers of AGEL include the National Thermal Power Corporation (NTPC) and Solar Energy Corporation of India (SECI) and various State discoms.