AGEL (Adani Green Energy Limited), the renewable energy division of Adani Enterprises, has announced in a press release the finalization of a PPA (power purchase agreement) with SECI (Solar Energy Corporation of India).

Adani Green Energy will supply 1,799 MW of solar power. With this agreement, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender that SECI awarded in June 2022. Furthermore, this SECI tender is considered the world's largest solar tender.

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Additionally, the company has committed to manufacturing 2 GW of solar cells and modules as part of the tender. Recently, Mundra Solar Energy received the commercial operational date certificate from SECI for the 2 GW solar cells and modules manufacturing facility in Gujarat.

Mr. Amit Singh, CEO of Adani Green Energy Limited, said, “Adani Green is determined to deliver more than 45 GW of renewable energy, marking a five-fold increase from our current operating portfolio. This reaffirms our resolve to provide affordable and accessible clean energy.”

In June 2019, SECI issued a request for proposals for a solar power supply capacity of 12 GW and a solar cell and module manufacturing capacity of 3 GW (including the greenshoe option). Azure Power was assigned 4 GW for the development of solar projects and 1 GW for manufacturing capacity, with the remaining capacity awarded to Adani.

About SECI

SECI (Solar Energy Corporation of India) is a public-sector undertaking under the Ministry of New and Renewable Energy (MNRE) of the Government of India. SECI was established in 2011 to promote the development and deployment of solar energy in India. It plays a key role in the Indian government's ambitious plans to increase the country's solar power capacity to 100 gigawatts by 2022 and 500 gigawatts by 2030. SECI has opened several solar tenders; some of which are listed below:

• Tender for 1200 MW ISTS-Connected Wind-Solar Hybrid Power Projects with assured Peak Power supply in India (Tranche-VI)
• Request for 1200 MW ISTS-Connected Wind-Solar Hybrid Power Projects with assured Peak Power supply in India 

About Adani Green Energy Limited

Adani Green Energy Limited (AGEL) is India's major renewable energy company, headquartered in Ahmedabad. It's a subsidiary of the Adani Group, a large Indian conglomerate, and also has TotalEnergies as a minority shareholder.

Adani Green Energy Limited is a leading player in India's renewable energy sector, contributing significantly to the country's clean energy goals. They are known for their large-scale projects, long-term PPAs, wide presence, and focus on sustainability.

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