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Adani Green and NTPC Green Energy commission solar projects

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Adani Green Energy Limited (AGEL) has commenced commercial operations for two solar power projects under its 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch district.  Adani Green Energy Twenty Five A Limited began power generation for a 275 MW solar project on February 28, 2025, while Adani Green Energy Twenty Five B Limited started operations for an 83 MW solar project on March 1, 2025. The Khavda park is…

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Sunsure, Adani Green secure financing for solar and hybrid projects

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Adani Green Energy Limited (AGEL) has refinanced its $1.06 billion construction facility. AGEL refinanced its maiden construction facility, originally secured in 2021, for developing India’s largest solar-wind hybrid renewable cluster in Rajasthan.  The new long-term financing has a 19-year door-to-door tenor and follows a fully amortized debt model aligned with the asset’s lifecycle. This refinancing completes AGEL’s capital management program for the portfolio, ensuring long-term financial stability by matching financing terms with asset cash flows….

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Adani Green commissions 250 MW solar capacity in Rajasthan

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Adani Green Energy Twenty Four Limited (AGE24L), a subsidiary of Adani Green Energy Limited (AGEL), commissioned 250 MW of solar capacity on February 21, 2025. The project is part of the 8,000 MW Inter-State Transmission System (ISTS)-connected solar power initiative linked to a manufacturing plant at Bhimsar and Dwada in Jaisalmer, Rajasthan. AGEL secured the 8,000 MW capacity bid in January 2020, following SECI’s (Solar Energy Corporation of India) tender issued in June 2019.  The…

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SEC charges Adani executives in solar project bribery case

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The Securities and Exchange Commission (SEC) has charged Gautam Adani and Sagar Adani, senior executives at Adani Green Energy Ltd., and Cyril Cabanes, a former executive of Azure Power Global Ltd., for their alleged roles in a multi-billion-dollar bribery scheme. The scheme was allegedly designed to secure favourable terms for a solar energy project awarded by the Indian government. The SEC alleges that Gautam Adani, Chairman of Adani Green, and Sagar Adani, its Executive Director,…