Ahmedabad, Feb. 25 -- Adani Green Energy Limited (AGEL) India's largest renewable energy company, on Tuesday announced that it has received the Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW energy storage capacity from Pumped Hydro Storage Projects (PSP).

According to Adani, the project, Panaura PSP, has a minimum commitment for 40 years. It will be located in the Sonbhadra district of Uttar Pradesh and is expected to be completed within the next six years.

India's clean energy goal necessitates the development of large utility-scale storage projects to integrate renewables into the grid and provide round-the-clock renewable energy.

Aligned to the endeavour, Adani Green Energy has diversified i...