Adani Green Energy’s Wholly-owned Subsidiary -- Adani Green Energy (UP) has commissioned 50 MWac Solar Power Project on May 10, 2019 in the state of Uttar Pradesh. The off-taker for the said Project is Uttar Pradesh Power Corporation (UPPCL). The PPA is for 25 years.
The approved PPA tariff, at present, is Rs 5.07/kWh. The Company has filed an appeal before Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs 8.44/kWh to Rs 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC).
Further, Adani Renewable Energy Park (Gujarat) (AREPGL), a wholly owned Subsidiary of Adani Green Energy had also won bid for setting up 250 MWac wind power project in the Tender issued by Solar Energy Corporation of India (SECI).
Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.
| Company Name | CMP |
|---|---|
| NTPC | 394.70 |
| Tata Power | 443.00 |
| Adani Power | 229.10 |
| Power Grid Corp | 315.75 |
| Torrent Power | 1733.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: