Adani Green Energy Limited (AGEL) today announced it added 925 MW of renewable energy capacity during the year 2020-21, raising its total operating renewable capacity to 3,470 MW as of March 31, 2021.
The new capacity addition included 825 MW of solar—a 38.4% increase from 2,148 MW on March 31, 2020—taking its total operating PV capacity to 2,973 MW.
The new PV capacity (825 MW) came from the greenfield commissioning of 475 MW and the acquisition of 350 MW operational assets.
During the year, the solar projects commissioned included 100 MW plant in Rajasthan, 250 MW in Gujarat, and 125 MW in Uttar Pradesh. The projects were commissioned 160 days ahead of the scheduled date.
Projects acquired included 205 MW from Essel Group, 75 MW from Sterling & Wilson, 50 MW from SkyPower Global, and 20 MW from Hindustan Powerprojects.
The sale of solar energy was up by 19% on the back of capacity increase from 2,148 MW to 2,973 MW YoY and continued strong capacity utilization factor performance (22.5%).
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