Business

Adani Green Energy: The fixed tariff for the task capability is Rs 2.77/ kWh, topped 25 yearsAdani Green Energy shares touched the upper circuit of 5 per cent at Rs 1,251.05 on the BSE on the news that its arm received a letter of award for 300 MW wind power task under a tender of Solar Energy Corporation of India (SECI).

AREHFL, a subsidiary of the AGEL, had participated in the tender issued by SECI for establishing 1,200 MW ISTS-connected wind power project (Tranche-X) and got the letter of award (LOA) to establish 300 MW wind power project under this tender, Adani Green Energy said in a declaration to the stock exchanges.The repaired tariff for the task capacity is Rs 2.77/ kWh, topped a period of 25 years.AGEL's total renewable capability now stands at 15,165 MW, of which 3,395 MW renewable plants are functional and 11,770 MW projects are under implementation.Adani Green Energy establishes, constructs, owns, operates and maintains utility-scale grid-connected solar and wind farm projects.The BSE Sensex trading at 49,590.15, lower by 278.50 points or 0.58 percent and the NSE Nifty was at 14,685.25, down 59 points or 0.40 per cent.





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