Adani Green Energy Ltd (AGEL), India's largest renewable energy company, has refinanced USD 1.06 billion (approximately Rs 8,700 crore) to develop the country's largest solar-wind hybrid renewable energy cluster in Rajasthan. This strategic financial move replaces the initial construction facility borrowed in 2021 and aligns the debt structure with the lifespan of the underlying assets, enhancing the company's financial stability.
AGEL has been actively expanding its hybrid renewable energy portfolio in Rajasthan's Jaisalmer district. In March 2023, the company commissioned a 700 MW hybrid wind-solar facility, operating under a 25-year power purchase agreement at INR 3.24 ($0.039) per kWh. This project increased AGEL's operating hybrid wind-solar capacity to 2,140 MW, making it the largest in the world.
These developments underscore AGEL's commitment to advancing renewable energy infrastructure in India, contributing significantly to the nation's sustainable energy goals.

https://www.livemint.com/companies/adani-green-energy-refinances-1-06-bn-to-build-indias-largest-solar-wind-renewable-cluster-in-rajasthan-11740975958924.html


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This is a great deal
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Sounds promising to see Adani being committed to advancing renewable energy infrastructure in India. Kudos AGEL .
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@princess_nel_268 Smart investment
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@princess_nel_268 exactly It's a great way of making India great
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Currently India has lots of climate change positive actions taking place which gives so much hope. Climate change is real.
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@tabitha_kimani in a few years to come the country will have changed it's situation
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Adani is not a renewable energy company and nor are they trustworthy. They have committed environmental crimes again & again! Do not trust them.
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Adani is doing a great work. They know where to really invest. Renewable energy is and will be the future. Let's all focus and fight against climate change
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This is amazing.we all should embrace green energy for change to be realized in the near future.
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Good news, clean energy investments gives our planet hope for restoration
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This is a bold step for india, there slowly moving forward, they still need to commit and make targets possible.
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Well! It gives hope seeing India trying to go green! But still they have much to do !!
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@gorffly_mokua I agree they do,
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Adani is doing some great work in renewable energy around the world. I just hope they promote alot of transparency in their dealings.