[Adani Green Energy] has executed a Power Purchase Agreement (PPA) with the Noida Power Company Limited (NPCL) at Rs 3.08/kWh for the procurement of power generated by the [Chitrakoot] solar plant.
With the commissioning of this project, AGEL has a total renewable capacity of 14,795 MW including 11,820 MW awarded and under implementation projects.
In November 2020, a report by IEEFA had identified the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision for energy independence and fast-growing reliance on renewables.
[Ayush Verma]
More: Adani Green Energy Commissions 25 MW Solar Plant in Uttar Pradesh