With this power purchase agreement, ABC Renewable, a joint venture between Canadian asset manager Brookfield and clean energy firm Axis Energy Ventures India, has enhanced its RE portfolio to 1,080 MW comprising solar and solar-wind hybrid projects.
Developers can compete for a minimum of 50 MW, up to all 1200 MW tendered capacity. The projects—to be developed on a build-own-operate basis—can be set up anywhere in India at the locations chosen by the developer. Bidding closes on May 28.
With this project, Adani Green Energy’s total renewable energy project capacity has swelled to 14,795 MW, of which 2,950 MW projects are operational and 11,845 MW under implementation.
Developers have until February 25 to bid for ISTS connected wind-solar hybrid projects to be set up anywhere in India at the location of their choice. Bidding for 4 MW of grid-connected floating solar project with 2 MW/1 MWh battery energy storage system—to be set up in Andaman & Nicobar Islands—closes on February 13.
Adani Green Energy and ReNew Power made techno-commercial bids for 600 MW and 300 MW, respectively, leaving the tendered capacity undersubscribed by 300 MW.
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