The project was carried out by Adani Green Energy Twenty Four Ltd, a 100% step-down subsidiary of AGEL.
The regulatory decision to commission the plant from March 8, 2025, was finalized on March 11, 2025, at 6:18 p.m., after securing necessary approvals.
The LOA has been issued for procuring 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects.
So far, the firm had invested about $5 million on pre-development work for a 484 MW wind farm in Mannar and Pooneryn and on the development of Sri Lanka’s 220 KV and 400 KV transmission network.
The undertaking was by its subsidiary, Adani Renewable Energy Forty Eight Ltd, under the umbrella of AGEL as part of a wider wind-solar hybrid initiative.
Adani Ports gained 2%, trading at Rs 1,151, while Adani Energy Solutions increased 6.6%, reaching a day's high of Rs 833.00.
The company added that the project was developed by the company’s step-down subsidiary Adani Renewable Energy Forty Eight.
Here are some of the stocks that may see significant price movement today: IRFC, Adani Green, Hindustan Zinc, etc.
The commissioning of this project brings Adani Green's total operational renewable production capacity to 11,434 MW.
In the meantime, shares of Adani Power surged 5.4% to Rs 552.10, followed by shares of Adani Enterprises, which soared 2.5%
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