Adani completes purchase of 51% stakes in 20 MW Kodangal solar project form FS India Devco
Adani Green Energy, a unit of Adani Group, has completed the acquisition of 107,100 shares or 51% interest in Kodangal Solar Parks Pvt Ltd (KSPPL), the owner of the 20 MW Kodangal solar photovoltaic project located in the town of Bagewadi, in Karnataka, India.
The facility has an existing 25-year power purchase agreement (PPA) with Bangalore Electricity Supply Company Ltd at a fixed rate of INR5,480 (US$77.19) per MWh. The project was acquired from FS India Devco Pvt Ltd for about INR 16.9 million (US$238,400).
Country updates
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January 24, 2019
Vikram Solar commissions 20 MW solar projects in Bengal
Vikram Solar has commissioned two 10 MW solar projects for West Bengal State Electricity Distribution Company (WBSEDCL). The plants are located at Patni, near Kharagpur and at Lalgarh, near Midnapore,...
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January 23, 2019
Inox Wind receives Letter of Intent for developing 501.6 MW from Adani Green Energy
Inox Wind Limited has received a Letter of Intent (LOI) from Adani Green Energy, a part of the Adani group and India’s Independent Power Producer (IPP) to supply, erect and commission...
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January 21, 2019
Sekura Energy agrees to acquire four transmission assets of Essel Group
Sekura Energy Ltd has agreed to acquire two operating and another two under construction assets of Essel Infraprojects Ltd, the infrastructure arm of the Essel Group. The projects involved...
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January 19, 2019
Canadian Solar completes purchase of 49% stakes in 30 MW solar projects from Suzlon
Canadian Solar has completed the purchase of a 49% stakes in two solar photovoltaic projects with a combined capacity of 30 MW from Suzlon Energy. The project involved are: 15 MW solar P...
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January 13, 2019
Atria Power commissions Suzlon Energy as turbines provider for its 50.4 MW wind project in Tamil Nadu
Atria Power has commissioned Suzlon Energy to provide wind turbines for its 50.4 MW wind project located in Tamil Nadu, India. Under the executed deal, Suzlon will supply, install and...
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