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Adani Green Energy Unit Signs PPA with UPPCL for 400 MW Solar Power

Adani Green Energy Ltd. announced on Saturday (3 May) that its wholly-owned step-down subsidiary, Adani Green Energy Sixty Nine Ltd., signed a Power Purchase Agreement with Uttar Pradesh Power Corp., for supply of 400 MW solar power.

The power will be supplied from grid connected solar PV power project to be developed in Rajasthan, according to an exchange filing.

The renewable power generation company's earnings before interest, taxes, depreciation and amortization from the power supply business rose 35% to Rs 24.53 billion in the January-March quarter, as against Rs 18.11 billion in the year-ago period.

Adani Green Energy Ltd.'s Ebitda crossed the milestone of $1 billion in fiscal 2025, as per the results declared by the company.

For fiscal 2025, the Ebitda reached Rs 88.18 billion, marking a jump of 22% from Rs 72.22 billion in fiscal 2024.

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