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May 05,2025

AGEL Secures 400 MW Solar Deal with UPPCL

Adani Green Energy Ltd (AGEL) has secured a 25-year Power Purchase Agreement (PPA) with Uttar Pradesh Power Corp. Ltd (UPPCL) for 400 MW of Solar Power from a Rajasthan-based project at INR 2.57/kWh. This comes after a strong FY 2024-25 performance, with a 23% rise in revenue to INR 9,495 crore and a 22% increase in EBITDA to INR 8,818 crore.

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