Adani Green subsidiary Adani Hybrid Energy Jaisalmer One Limited has commissioned a 390 MW wind-solar hybrid power facility in Jaisalmer, contributing significantly to India’s green energy effort. The plant will be India’s first hybrid wind-solar power producing facility. The hybrid power plant, which combines solar and wind generating, unlocks the full potential of renewable energy by eliminating generation intermittency and providing a more stable option to meet rising power demand.
- The new plant has a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI), with a tariff of Rs. 2.69 per kWh, which is significantly lower than the national Average Power Procurement Cost (APPC), ensuring that everyone has access to affordable, modern, and clean energy.
- Wind-Solar Hybrid energy, according to Vneet S Jaain, MD and CEO of AGEL, is a key part of the company’s business strategy, which aims to address India’s growing demand for green energy.
- The inauguration of this hybrid power plant is a small step toward India’s long-term energy aspirations.
This project is part of Adani Green’s first construction facility, which was funded by foreign banks. It is impressive that the project was completed effectively despite the global pandemic’s uncertainty.
- AGEL now has a 5.8 GW operational capacity because to the plant’s successful commissioning. AGEL’s overall renewable portfolio of 20.4 GW puts it on track to fulfil its 2030 goal of 45 GW capacity.
Important Takeaways For All Competitive Exams:
- MD and CEO of AGEL: Vneet S Jaain