Adani, O2 Power acquire stakes in 250 MW solar PV project in Jodhpur
Adani Group's green energy firm Adani Green Energy Ltd. (AGEL) has been in advanced discussions for the acquisition of stakes in the 250 MW photovoltaic solar park located in Bhadla, Jodhpur district, Rajasthan, India. The project is owned by Hero Future Energies Pvt Ltd (HFE).
The asset has been signed for a long-term Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) at a tariff of INR2.53 / kWh (US$0.034 / kWh).
Aside from AGEL transaction, HFE has previously sold 49% of the solar farm to local renewables platform O2 Power.
Country updates
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March 12, 2021
AGEL commissions 100 MW wind project in Kutch
AWEKTL, a subsidiary of Adani Green Energy Limited (‘AGEL’), has commissioned a 100 MW wind project located in Kutch district, in the state of Gujarat, India. The plant has a 25-year...
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March 10, 2021
Orix buys 21.8% of Indian renewables operator Greenko
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Shapoorji Pallonji, Mahalaxmi Konal Urja to build 80 MW Floating solar with 20 MW Hydropower plant project in Middle Vaitarna Dam
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February 22, 2021
Sustainable Infrastructure Income Fund surpasses EUR100 million
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SolarArise starts commercial operation of 75 MW solar PV project in Budaun
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