Adani Green Energy Limited (AGEL), India’s largest renewable energy company has received a major order in UP. Gautam Adani‘s company today announced receiving a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects (PSP). The project Panaura PSP has a minimum commitment for 40 years. It will be located in Sonbhadra district of Uttar Pradesh and is expected to be completed within the next six years.
Information about Adani Green Energy Limited (AGEL)
- Adani Green Energy Limited (AGEL) is India’s largest and one of the world’s leading renewable energy companies enabling the clean energy transformation.
- Role of Hydro Storage in Renewable Energy Growth: AGEL develops, owns and operates utility scale grid-connected solar, wind, hybrid and hydro pumped storage renewable energy plants.
- Adani’s Roadmap to 50 GW by 2030: AGEL currently has an operational renewable portfolio of 11.9 GW, the largest in India, spread across 12 states. The company aims to achieve 50 GW by 2030 in line with India’s decarbonisation goals.
- AGEL is focused on leveraging technology to reduce the levelised cost of energy (LCOE) to enable large-scale adoption of affordable clean energy.
- India’s Largest Renewable Energy Plant – Khavda Project: AGEL is developing the world’s largest renewable energy plant (30 GW) on barren wasteland at Khavda, Gujarat, covering 538 square kilometres, an area five times larger than Paris.
- AGEL’s operating portfolio has been certified ‘water positive’, ‘single-use plastic free’ and ‘zero waste-to-landfill’ for plants with capacity above 200 MW, a testimony to the company’s commitment to promote sustainable development.