Gautam Adani signs world's largest Green PPA with SECI to supply 4,667 MW green power

The Chairman of the Adani Group also said that he is pleased to have signed the world's largest PPA with SECI. Gautam Adani further said that this deal is yet another step to promote India's ambitions of achieving climate goals and promoting domestic manufacturing.

Adani Green Energy Ltd (AGEL) has signed an agreement with the state-run Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. AGEL is the world's largest solar power developer and the renewable energy arm of the diversified Adani Group and the latest deal with SECI is the world's largest ever green power purchase agreement. The Chairman of the Adani Group also said that he is pleased to have signed the world's largest PPA with SECI. Gautam Adani further said that this deal is yet another step to promote India's ambitions of achieving climate goals and promoting domestic manufacturing.

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Key Points :


1. Chairman of Adani Group, Gautam Adani, said that the agreement with SECI was yet another step in our journey to enable India's dual objective to accelerate India's renewable energy footprint as well as promote domestic manufacturing under the Atmanirbhar Bharat programme, news agency IANS reported.

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2. "Following the proceedings at COP26, it is increasingly evident that the world has to equitably transition to a low carbon economy faster than previously anticipated. This is why the Adani Group has committed $50-$70 billion of investment in the renewables space. This agreement keeps us well on track to our commitment to become the world's largest renewables player by 2030," he added.

3. "The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020, which set a record for being the world's largest solar development tender ever awarded," the company said in a statement.

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4. AGEL also disclosed that out of the  8,000 MW tender awarded to the company in 2020, AGEL has signed PPAs with SECI for a total of over 6000 MW and aims to close the balance 2000 MW PPA in the next two to three months.

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