Adani Green’s Subsidiary Commissions a 50 MW Solar Project in Rajasthan

Kilaj Solar (Maharashtra) Private Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL), has commissioned a 50 MW solar power project having a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) at ₹2.54 (~$0.03)/kWh for 25 years.

Kilaj Solar is a subsidiary of Mahoba Solar of Adani Group. The 50 MW project is located in Rajasthan.

In its Bombay Stock Exchange filing, the company said, “With this, 2.6 GW of renewable energy projects is now operational. AGEL has a total of 5.99 GW portfolio of renewable capacity in India, out of which 3.39 GW projects are under implementation.”

In July 2018, Mercom reported that  CME Solar, Shapoorji Pallonji, Hero Solar, Mahindra Susten, Mahoba Solar (Adani), and Azure Power emerged as the winners in the auction by the Solar Energy Corporation of India (SECI) for 2 GW of Interstate Transmission System (ISTS)-connected solar projects to be developed across the country. Mahoba Solar (Adani), which had placed the bid for 500 MW, succeeded in winning only 50 MW at ₹2.54 (~$0.03)/kWh.


SECI had tendered the 2 GW capacity in January 2018. The capacity tendered was split into eight projects of 250 MW each. Mercom also reported recently that the tender was oversubscribed by 1.8 GW.

When asked how did the company manage to complete and commission the project when the government has called for a nationwide lockdown amid the Coronavirus (COVID-19) outbreak, a company source told Mercom that the project was ready before the lockdown was announced.

Meanwhile, India’s lockdown has now been extended to May 3, 2020. The Ministry of Home Affairs (MHA), in its revised guidelines, has now allowed selected additional activities which will come into effect from April 20, 2020. The announcement is a big respite to the renewable industry, as the construction of renewable energy projects will now be allowed from April 20, 2020.

 

Image credit: Praveensustain / CC BY-SA