The plant will be India's first wind and solar hybrid power generation plant. The hybrid power plant, integrated through solar and wind power generation, harnesses the full potential of renewable energy by resolving the intermittency of the generation and provides a more reliable solution to meet the rising power demand, the company said.
"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," said a statement from the company.
"Wind-Solar Hybrid energy is an important aspect of our business strategy which aims to meet India's growing need for green energy," said Vneet S Jaain, MD and CEO, AGEL.
Jaain added that the commissioning of this hybrid plant is an incremental step towards meeting India's sustainable energy goals.
"This project is a part of the first construction facility by international banks in Adani Green. It is commendable that the project was successfully executed amidst the uncertainties imposed by the global pandemic," he said.
With the successful commissioning of the plant, AGEL now has an operational capacity of 5.8 GW. This places AGEL's total renewable portfolio of 20.4 GW well on track to meet its vision of 45 GW capacity by 2030.