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Adani Green Energy: 50 MW of Solar in Telangana

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Adani Green Energy (AGEL) acquires shares in a Special Purpose Vehicle (SPV) with 50 MW of power in Telangana.
The company has signed a definitive agreement with SkyPower Global enabling this acquisition in Telangana.
This project has been operating since 2017 under a long-term power purchase agreement with Southern Power Distribution Company.

Adani Green Energy, 3.4 GW in operation

AGEL is one of India’s largest renewable energy companies.
The acquisition of this SPV brings the company’s operating renewable capacity to 3.4 GW.
In all, the company’s total renewable energy portfolio amounts to 12.87 GW.
This new project enables AGEL to pursue and develop its sustainable objectives.
According to its CEO, Vneet S. Jaain, to become the world’s largest renewable energy company.
With this acquisition and these projects, AGEL is setting an example for other newer companies to follow in the direction of clean energy.

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