In a first, India has got a wind-solar hybrid power generation plant in Rajasthan. AHEJOL, a subsidiary of Adani Green Energy Limited (AGEL), has commissioned the 390 MW hybrid power plant in Jaisalmer. Integrated through solar and wind power generation, the plant harnesses the full potential of renewable energy.
“Wind-Solar Hybrid energy is an important aspect of our business strategy which aims to meet India’s growing need for green energy,” said Mr. Vneet S. Jaain, MD & CEO, Adani Green Energy Ltd. “The commissioning of our hybrid plant is an incremental step towards meeting India’s sustainable energy goals. We are extremely proud of the unrelenting effort our team has put in to deliver India’s first wind-solar hybrid plant. This project is a part of the first construction facility by international banks in Adani Green,” he added.
The new plant has a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) with tariff at Rs 2.69 per kWh, well below the Average Power Procurement Cost (APPC) at national level, delivering access to affordable, modern, and clean energy to all.
Moreover, with the successful commissioning of this plant, AGEL now has an operational capacity of 5.8 GW, placing the company’s total renewable portfolio of 20.4 GW well on track to meet its vision of 45 GW capacity by 2030.
The Adani Group’s Energy Network Operation Centre (ENOC) platform has consistently demonstrated and aided the Group in achieving superior operational performance of the entire renewables’ portfolio spread across various locations in India. The ENOC platform will be instrumental in delivering industry-leading performance through this newly commissioned wind-solar hybrid power plant.
Earlier this month, Adani Green Energy received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd.
The deal is a part of the $2 billion investment to be made by the UAE’s International Holding Company (IHC) in three Adani Group companies. IHC will invest Rs 3,850 crore in AGEL, Rs 3,850 crore in Adani Transmission, and Rs 7,700 crore in Adani Enterprises.
Adani Green is committed to all the UNSDGs with focus on SDGs 7, 9, and 13.