Team News Riveting
Mumbai, October 22
Adani Renewable Energy Holding Fifteen Limited has received a letter of award (LOA) for setting up a 450 MW wind energy project.
A Wholly-owned Subsidiary of Adani Green Energy Limited (AGEL), Adani Renewable Energy Holding Fifteen Limited (AREHFL) had participated in a tender issued by the Solar Energy Corporate of India Limited (SECI) for setting up 1,200 MW ISTS-connected Wind Power Project (Tranche-XI).
“The company has received the Letter of Award (LOA) to set-up 450 MW Wind Power Project under this tender,” AGEL informed in a regulatory filing. The fixed tariff for this project capacity is Rs. 2.70/ kWh for a period of 25 years.
With this, AGEL now has a total renewable energy project portfolio of 20,284 MWac capacity, out of which 5,410 MWac projects are operational, 5,724 MWac projects are under construction and 9,150 MWac projects are near construction, which mean a LOA is received and PPA (power purchase agreement) to be signed.
