Adani Green Begins Generating 551 MW Solar Power At Khavda
Production began within 12 months of commencing work on the Khavda facility, the company said in a statement.
Adani Green Energy Ltd. operationalised 551 MW solar capacity at its renewable energy park in Gujarat's Khavda on Wednesday.
Production began within 12 months of commencing work on the Khavda facility, the company said in a statement.
"Adani Green Energy is creating one of the world’s most extensive renewable energy ecosystems for solar and wind. Through bold and innovative projects like the Khavda RE plant, AGEL continues to set higher global benchmarks and rewrite the world’s planning and execution standards for giga-scale renewable energy projects," said Adani Group Chairman Gautam Adani.
The park is expected to generate 30 GW green energy, or 81 billion units of electricity, for the national grid every year, achieving full capacity in the next five year.
(Source: Company)
This will power 16.1 million homes and avoid 58 million tonne of CO2 emissions annually, the company said. The facility will also create over 15,200 jobs.
With this energy park, Adani Green has cemented its leadership position in India with the largest operational portfolio of 9,029 MW and total portfolio of 20,844 MW, the company said.
In December, Adani Green had secured a loan facility of $1.36 billion for the Khavda renewable energy park from a consortium of eight international banks. This was the company's largest project financing deal, as part of its planned $3 billion fundraise.
Adani Green Energy shares were trading 1.9% higher at Rs 1,850 apiece, compared with a 0.62% decline in the NSE Nifty 50 as of 12:01 p.m.
Disclaimer: NDTV is a subsidiary of AMG Media Networks Limited, an Adani Group Company.
