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AGEL gets 2nd extension in AP
Mint Mumbai
|November 28, 2024
Adani Green was contracted to supply 3,000 MW of renewable electricity to Andhra Pradesh starting March 2024
The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd (AGEL) for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development.
AGEL's original deadline of March was extended to September. It now has until 25 December to begin supplying renewable energy to the state.
In one of the largest green energy supply agreements in India, Adani Green was contracted to supply 3,000 megawatts of renewable electricity to Andhra Pradesh starting in 2024, another 3,000MW in 2025, and an additional 1,000MW in 2026.
To Mint's queries on the extension from the Andhra Pradesh government, a spokesperson for Adani Green said the scheduled completion date of the company's renewable power projects under power purchase agreements (PPAs) with the Solar Energy Corp. of India (Seci) had been "constrained by end-to-end evacuation availability and readiness".
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