Adani Green commissions wind-solar hybrid project in Jaisalmer

31 May 2022 CW Team

Adani Green Energy Limited (AGEL) subsidiary Adani Hybrid Energy Jaisalmer One Limited has commissioned a 390 MW wind and solar hybrid power plant at Jaisalmer, Rajasthan.

It will be India's first wind and solar hybrid power generation plant to harness the full potential of renewable energy by resolving the intermittency of the generation and providing a more reliable solution to cater to the increasing power demand.

According to a statement, the plant has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) at a tariff of Rs. 2.69 per KWh, below the Average Power Procurement Cost (APPC) at the national level, providing affordable, modern, and clean energy to everyone.

CEO and Managing Director of AGEL, Vneet S Jaain, said that wind-solar hybrid energy is an important aspect which aims to meet India's growing demand for green energy.

He said this hybrid plant is an incremental step towards meeting India's sustainable energy goals.

He added that the project is a part of the first construction facility by international banks in Adani Green. The project was successfully executed amidst the challenges posed by the Covid-19 pandemic.

After the commissioning of this project, AGEL now has an operational capacity of 5.8 GW. Its renewable portfolio stood at 20.4 GW and is on track to meet its target of 45 GW by 2030.

Image Source

Also read: Adani Green reports Rs 37.83 bn in revenue in FY21-22

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..