Adani Green Energy said that it has won a Letter of Award (LoA) from Punjab State Power Corporation to build a 150 MW solar power plant.
Adani Renewable Energy Holding Fifteen, a wholly-owned subsidiary of Adani Green Energy, participated in a tender issued by Punjab State Power Corporation for the procurement of 250 MW solar power from ground mounted grid connected solar PV power plants and received the Letter of Award (LoA) to set-up 150 MW solar power project, according to an exchange filing.
For a period of 25 years, the fixed tariff for the project capacity is Rs. 2.34/kWh.