Team Blitz India
NEW DELHI: Adani Green Energy Ltd has executed the power purchase agreement with Solar Energy Corporation of India (SECI) for the supply of 1,799 megawatts of solar power, the final part of an 8,000 MW manufacturing-linked solar tender Adani Green secured in 2020.
“With this, Adani Green now has tied up PPAs of 19.8 (gigawatt) and the balance is merchant capacity in its 20.6 GW locked-in portfolio,” the renewable energy company said in a statement on December 25.
“With over (200,000) acres of land already tied up in resource-rich areas of India, the portfolio is fully de-risked for execution of 45 GW capacity by 2030,” it added.
Amit Singh, CEO of Adani Green Energy, said the power purchase agreement with SECI aligned with India’s target of 500 GW of non-fossil fuel capacity by 2030.