Adani Green Energy Arm Operationalises 250 Mw Wind Power Project In Kutch

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Adani Green Energy Arm Operationalises 250 MW Wind Power Project in Kutch

ri-calendar-2-lineJul 24, 2024

By: BlinkX Research Team

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Adani Renewable Energy Forty One Limited, a wholly-owned step down subsidiary of Adani Green Energy Limited, announced on Wednesday, July 24, that it has operationalised a 250 MW wind power project at Khavda, Kutch, Gujarat.

 

Key Takeaways from Adani Green Energy’s Arm Operationalisation

  • Adani Renewable Energy Forty One Limited, a wholly-owned step down subsidiary of Adani Green Energy Limited, has operationalized a 250 MW wind power project at Khavda, Kutchh, Gujarat.
  • The plant features India's largest and one of the world’s most powerful on-shore wind turbines, with a capacity of 5.2 MW. This brings the total operational capacity at Khavda to 2,250 MW.
  • The power generation will commence from July 24, 2024 itself, based on the relevant clearances.

 

The plant features India's largest and one of the world’s most powerful on-shore wind turbines, with a capacity of 5.2 MW. This brings the total operational capacity at Khavda to 2,250 MW.

 

The decision to operationalise the plant and generate power will be made on July 24, 2024, subject to the necessary permissions.

 

About Adani Green Energy Limited

Adani Green Energy Limited, founded in 2015, is a holding company for multiple companies that operate in the renewable power production sector within the group. Its primary activity is renewable power generation and other ancillary operations.

 

The firm is a subsidiary of the Adani Group, an Indian industrial conglomerate that owns 10 publicly listed companies in the Energy & Utility, Transport & Logistics, Materials, Metal & Mining, and D2C sectors. The promoter group owns 56% of the corporation as of FY24.

 

Long-term Power Purchase Agreements (PPAs) allow the corporation to sell the power generated by wind generating installations. It also sells solar and wind generating equipment, provides project management consulting services, and does other ancillary operations. 

 

Read More About  Adani Green Energy Ltd Share Price Here!

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