SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Green Energy’s arm receives LoA for 600 MW Hybrid Projects

19 Jun 2019 Evaluate

Adani Renewable Energy Park (Gujarat) (AREPGL), a Wholly-owned Subsidiary of Adani Green Energy (AGEL) had won bids for setting up 600 MWac ISTS-connected Wind-Solar Hybrid Power Projects in a Tender issued by Solar Energy Corporation of India (SECI). The company has received Letters of Award (LoAs) from SECI for the same.

The fixed PPA tariff is Rs 2.69/ kWh for a period of 25 years. Projects are expected to be commissioned by Q4 FY 2021. With this, AGEL's portfolio of renewable generation capacity in India stands at 5.16 GWac with 2.02 GWac operational projects and balance 3.14 GWac in development stage.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

Adani Green Energy Share Price

1353.35 22.60 (1.70%)
06-May-2026 16:59 View Price Chart
Peers
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..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×