Adani Green Energy Limited ('AGEL'), through its wholly owned subsidiary, Mahoba Solar (UP) Private Limited has won tender for setting up 300 MWac solar generation project to be set up anywhere in India and connected through Inter State Transmission System ("ISTS"). The tender was floated by Solar Energy Corporation of India ("SECI") and which shall also be the PPA counterparty. The fixed PPA tariff is Rs. 2.71/kWh for a period of 25 years.

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