The total QIA investment in AEML is Rs 3220 crore (US$ 452 million), which includes equity consideration of Rs 1210 crore (US$ 170 million) and shareholder subordinated debt of Rs 2010 crore (US$ 282 million).
Private-sector utility Adani Electricity Mumbai Limited has invited global bids to set up 350 MW of grid-connected wind-solar hybrid power projects. There is also the Greenshoe option to add another 350 MW. The projects—to be developed on build-own-operate basis—can be set up anywhere in India. Bidding closes on August 9.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.