Mumbai, March 28 -- The project involves the supply of 400 MW of solar power from a grid-connected solar PV power plant to be developed in the state of Rajasthan. The LOA covers the supply of power for a duration of 25 years.

In addition, the company clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity.

Adani Green Energy is a global leader in renewable energy, developing and operating solar, wind, hybrid, and hydropower plants across India. With the largest operating renewable portfolio in India at 11.7 GW, AGEL is committed to achieving 50 GW of renewable energy capacity by 2030.

The company...