Indian renewables developer Adani Green Energy Ltd (BOM:541450) said on Wednesday that one of its subsidiaries has commissioned a 150-MW wind farm in Gujarat nine months ahead of schedule.
Adani Wind Energy Kutchh Three Ltd (AWEKTL) has built the particular plant in Kutchh. It has a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) at INR 2.82 per kWh (USD 0.039/EUR 0.032).
Adani Green pointed out that this is the sixth project commissioned by it before schedule over the past 12 months.
The company now has a total renewable energy capacity of 24,294 MW, including the 4,954-MW portfolio it is about to acquire from SB Energy and projects for which it has emerged as L1 bidder.