InvestorQ : What is the mega deal in Solar Energy that Adani Green Energy has managed to strike?
Tisha Malhotra made post

What is the mega deal in Solar Energy that Adani Green Energy has managed to strike?

Answer
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Moii Chavate answered.
3 months ago


Adani Green Energy bagged a Rs.45,000 crore (you heard it right) contract from SECI (Solar Energy Corporation of India) to develop 8 GW electricity generation capacity and 2 GW equipment manufacturing facility in India. This is expected to take Adani Green closer to its target of achieving an installed generation capacity of 25 GW of renewable power by 2025. IT is expected to create nearly 400,000 direct and indirect jobs. Now Adani Green will have 15 GW capacity at various stages. This is a step in the direction of “Atma Nirbhar” Bharat.


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Shreya Karn answered.
3 months ago


With French oil and gas major, Total SA, 50% stake in Adani Group’s solar business it can not be a totally “Atma Nirbhar” Bharat step.