Lagatar24 Desk
Mumbai, Dec 14: Solar Energy Corporation of India (SECI) has signed an agreement to purchase 4,667 MW of green power from Adani Green Energy Limited (AGEL). This is the world’s largest green power purchase agreement.
“We are pleased to have signed the world’s largest PPA with SECI,” said Gautam Adani, Chairman of Adani Group on Tuesday.
Notably, AGEL is a part of the diversified Adani Group and has signed a power purchase agreement (PPA) with the government run SECI.
https://twitter.com/AdaniGreen/status/1470626322938359808
“This is yet another step in our journey to enable India’s objective to accelerate renewable energy footprint. Adani Group has committed $50-$70 billion of investment in the renewables space. This agreement keeps us on track to our commitment to become the world’s largest renewables player by 2030,” Gautam Adani further added.
Notably, the agreement to supply 4,667 MW between AGEL and SECI is a part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020, which set a record for being the world’s largest solar development tender ever awarded.