Adani Green Energy signs a pact with SECI to supply 4,667 MW renewable energy
CEO Insights Team, 0
“This is yet another step in our journey to enable India's dual objective to accelerate India's renewable energy
footprint as well as promote domestic manufacturing under the Aatmanirbhar Bharat programme” said Gautam Adani, Chairman, Adani Group.
The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020, which is known for setting a record for being the world's largest solar development tender ever awarded. So far, AGEL has signed PPAs with SECI for a total generation capacity of close to 6,000 MW.
Gautam further said that the Adani Group has committed $50-70 billion investment in the renewables space. "This agreement keeps us well on track to our commitment to become the world's largest renewables player by 2030. Following the proceedings at COP26, it is increasingly inevitable that the world has to equitably transition to a low carbon economy faster than previously anticipated," he added.
The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020, which is known for setting a record for being the world's largest solar development tender ever awarded. So far, AGEL has signed PPAs with SECI for a total generation capacity of close to 6,000 MW.
Gautam further said that the Adani Group has committed $50-70 billion investment in the renewables space. "This agreement keeps us well on track to our commitment to become the world's largest renewables player by 2030. Following the proceedings at COP26, it is increasingly inevitable that the world has to equitably transition to a low carbon economy faster than previously anticipated," he added.