- AGEL has completed a 25 MW solar power project in Uttar Pradesh’s Chitrakoot region
- Total has decided to acquire 20% stake in AGEL following its 50% stake in 2.35 GW AC solar PV capacity of AGEL in 2020
- EDF led consortium has been reported to have bagged the rights to offer consultancy for the preparation of roadmap for OSOWOG
25 MW solar plant commissioned in UP: In Chitrakoot, Uttar Pradesh (UP), Adani Green Energy Limited (AGEL) subsidiary Adani Solar Energy Chitrakoot One Limited has commissioned a 25 MW solar project. It will sell power to the Noida Power Company Limited (NPCL) at INR 3.08 per kWh. The plant will be connected to Adani’s Energy Network Operation Centre (ENOC) that continuously monitors and analyzes performance of over 80 solar and wind power plants in India. It takes AGEL’s total renewable energy capacity to 14.795 GW including 11.82 GW of awarded and under implementation projects.
Total to pick up 20% stake in AGEL: France’s Total will purchase a 20% stake in Adani Group’s Adani Green Energy Limited (AGEL) which will win the former a seat on the board of directors of AGEL. This strategic investment follows the collaboration the 2 have had previously in the space of LNG terminals, gas utility business and renewable assets. Last year Total acquired 50% stake in a 2.35 GW AC operational solar PV asset portfolio of AGEL for $2.5 billion (see Total & Adani JV Expands India PV Portfolio).
EDF led consortium to make roadmap for global grid: The International Solar Alliance (ISA) retweeted a news about French state backed utility EDF leading a consortium to build a roadmap for a ‘global grid’ under One Sun One World One Grid (OSOWOG) project. Mint newspaper said the consortium with Européenne de Technologies et de Services (AETS) of France and The Energy and Resources Institute (TERI) as the other members, was awarded the letter of award (LOA) as the consultant for the same. The consortium will study India’s international grid connection as part of this initiative. In May 2020, the Indian Ministry of New and Renewable Energy (MNRE) launched a request for proposals to hire consultants to prepare a roadmap and institutional framework to implement OSOWOG (see India’s MNRE Launches RFP For OSOWOG).