Home » Adani tie-up agreement with SECI for...

Adani tie-up agreement with SECI for green power

Sumit Arora Last updated on December 18th, 2021 04:29 pm Leave a comment

Adani Green Energy Ltd (AGEL) has signed a purchase agreement with Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. It is the world’s largest-ever green power purchase agreement (PPA). The agreement is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020. So far, AGEL has signed PPAs with SECI for a total generation capacity of close to 6,000 MW of the 8,000 MW awarded in 2020. The company expected to complete the balance of 2000 MW in the coming 2 to 3 months.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

Solar Energy Corporation of India Limited Established: 2011;
Solar Energy Corporation of India Limited Headquarters: New Delhi, Delhi;
Solar Energy Corporation of India Limited Chairman: Indu Shekhar Chaturvedi;
Solar Energy Corporation of India Limited Managing Director: Suman Sharma.

Find More Business News Here

About the Author

Sumit Arora

Author

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.