Adani inks 400MW solar power supply with UPPCL

LUCKNOW: Adani Green Energy Sixty Nine Limited (AGE69L) has entered into a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited ( UPPCL ) for the supply of 400 MW solar power.
The organisation has informed SEBI about this development as per listing obligations and disclosure requirements. AGE69L plans to supply power from a solar photovoltaic power facility that will be constructed in Rajasthan.
Kamalesh Bahadur Singh, the director administration UPPCL, said, "The corporation has signed PPA at a competitive tariff of Rs 2.57 per unit for 25 Years. Adani Group will develop a solar power plant in Rajasthan and is expected to be commissioned by June 2027."
The state presently receives 3200 MW power from solar installations, comprising 2700 MW from utility scale projects and 500 MW from rooftop solar systems. The state aims to meet its power requirements with 22,000MW of solar energy capacity plants by 2026-27.