Adani Defence and EDGE Group Forge Global Defence Partnership
Adani Green Energy Ltd (AGEL) has successfully obtained a $400 million finance package from a consortium of five international banks to support its ongoing solar projects in Gujarat and Rajasthan. These projects, totaling 750 MW in capacity, are slated to commence operations from November 2024 onwards.
The consortium providing financial support comprises Cooperative Rabobank U.A., DBS Bank Ltd, Intesa Sanpaolo S.p.A., MUFG Bank, Ltd., and Sumitomo Mitsui Banking Corporation.
AGEL currently maintains India’s largest operational portfolio, totaling 10,934 MW. This includes 7,393 MW of solar capacity, 1,401 MW of wind capacity, and 2,140 MW of wind-solar hybrid capacity. AGEL remains committed to delivering reliable, affordable, and clean power to the national grid.
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