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Adani Power wins bid for mega RE project (Pic: Mint)
The Congress party on Sunday launched an attack on Eknath Shinde-Devendra Fadnavis-led Maharashtra government with the Adani Group winning a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra.
In a post on X, Congress leader Jairam Ramesh said, “Even as the Mahayuti Government in Maharashtra totters towards a landslide defeat, this is what they choose to do with their last few days in power. Yet another Modani enterprise undoubtedly!.”
Rigged deal
"Shocking details of this rigged deal will soon start tumbling out," Mr Ramesh, the general secretary in charge of the party's communications, added.
The Adani Group won a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra for the long term after its quote of ₹4.08 per unit beat the likes of JSW Energy and Torrent Power. Supplies are to start in 48 months from the date of award of the letter of intent.
The Adani Group, in a statement said, "Maharashtra State Electricity Distribution Company (MSEDCL) issues a letter of intent for 6,600 MW to Adani Power."
"Adani Green is well positioned to achieve the 50 GW target with secured resource-rich sites in strategic locations,."
The news agency ANI quoted Sagar Adani, the executive director of Adani Green Energy, as saying. "We are glad to collaborate with MSEDCL to meet the State's rising energy demand through renewable sources and fulfill its (renewable energy) RE commitments. Our goal is to accelerate India's clean energy transition. This is a crucial step towards the country's energy independence and building a sustainable future," added Sagar Adani.
Largest thremal power generator
Adani Power, India's largest private-sector thermal power generator, has a generation capacity in excess of 17 GW, which is rising to 31 GW by 2030.
Its sister company, Adani Green Energy Ltd, is the country's largest renewable energy company with a generation capacity of 11 GW, which is being expanded to 50 GW by 2030.
(By arrangement with livemint.com)
