Cementing its presence in renewable energy further, Adani Green commissioned a 325 MW wind energy plant Madhya Pradesh’s Dhar. The operational generation capacity has increased to 6.1 GW after the commissioning of this plant, the company said.
“Adani Wind Energy MP One Private Ltd (AWEMP1PL), a subsidiary of AGEL, has commissioned a 324.4 MW wind power plant in Dhar, Madhya Pradesh,” it said. The plant has two 25-year Power Purchase Agreements (PPAs) with Solar Energy Corporation of India (SECI), one for 274.4 MW energy and another for 50 MW power, at a tariff of Rs 2.83 per kwh (kilowatt hour).
The newly commissioned plant will be managed by the Adani Group’s ‘Energy Network Operation Centre’ platform, which provides technological assistance. In the statement, the company did not disclose any financial details of the project.
According to industry estimates, to set up every 1 MW of solar capacity, an investment of over Rs 45 million is required. AGEL has a total of 20.4 GW of renewable energy portfolio which includes the operational ones, under-construction, awarded and assets under acquisition catering to investment-grade counterparties.