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AGEL COMMITS $5 BILLION INVESTMENT TO RAMP UP THDC INDIA TO LAUNCH `12,000 CRORE COAL-BASED
RENEWABLE ENERGY CAPACITY IN KHAVDA BY 2026 THERMAL POWER PROJECT BY SEPTEMBER
Adani Green Energy (AGEL) is poised to inject approximately THDC India Ltd plans to have its coal-based thermal power
`41,400 crore, equivalent to $5 billion, into expanding the solar plant operational by September 2024, marking its entry into the INFRASTRUCTURE
and wind power capacities at its flagship renewable energy (RE) domestic thermal energy sector, according to a senior company
park in Gujarat by 2026. official. THDC India Ltd (THDCIL) is constructing a 1,320 megawatt
The renewable energy arm of the Adani Group, known for its (2X660 MW) super thermal power project (STPP) in the Bulandshahr
diverse ventures from mining to energy, is on track to establish district of Uttar Pradesh. This initiative marks the company’s
the world’s largest RE plant with a staggering 30 gigawatts (GW) diversification from its traditional hydroelectric focus into coal-
of renewables capacity by 2030 near Khavda village in the Kutch based energy production. The Uttarakhand-based entity currently
district. In a recent milestone, AGEL secured its position as India’s has an installed power generation capacity of around 1,587 MW,
foremost company in the renewables sector by surpassing the with the majority (1,424 MW) generated through hydroelectric
10 GW mark, boasting an operational portfolio of 10.93 GW. With sources, alongside 113 MW of wind power and 50 MW of solar
ambitions set sky-high, the company aims to reach a capacity power. Addressing the project’s timeline, the company official
of 45 GW by the end of this decade. noted that the first unit, with a capacity of 660 MW, is expected
The latest expansion initiative is slated to elevate the capacity of to be operational by September 2024, while the second unit is
the Khavda project, currently spanning an area roughly equivalent scheduled for commissioning by March 2025. The estimated
to the size of Mumbai or five times that of Paris, to 11 GW within cost for the entire project is around `12,000 crore. As of January
the next two years, up from the present 2 GW. Vneet Jaain, 2024, a total of `9,428.30 crore had been spent on the project,
Managing Director of AGEL, shared insights with the media, with approximately 85 per cent of the work completed. THDCIL is
outlining the strategic trajectory. “In FY25, we are planning to also incorporating environmentally conscious technologies into
deploy 4 GW at Khavda. We have already completed 2 GW. the Khurja Super Thermal Power Plant (KSTPP), including a carbon
So, we will have 6 GW by March 2025. Then every year we have capture technique to mitigate CO emissions. The foundation
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a plan of setting up a minimum 5 GW,” he stated. Addressing stone for the project was laid by Prime Minister Narendra Modi on
inquiries regarding investments, Jaain revealed that the total March 9, 2019, with the plant sprawling over an area of 1,200.843
investment earmarked for Khavda stands at approximately `1.5 acres. Once fully operational, the plant is expected to generate
lakh crore. He further elaborated on the financing structure, 9,264 million units (MUs) of power annually, corresponding to an
indicating a comprehensive roadmap in place encompassing 85 per cent plant load factor (PLF). According to the Ministry’s
internal accruals, equity requirements, financial closures, and debt allocation of power, 64.7 per cent of the generated power (854
mechanisms, meticulously strategized up to 2030. MW) will be supplied to Uttar Pradesh, with the balance distributed
Of the total investment, `26,000 crore will be directed towards wind to other beneficiaries. The plant recently achieved a significant
power for establishing 4 GW, while a substantial `1.17 lakh crore will milestone with the engine rolling on a railway siding from Danwar
be allocated for setting up 26 GW of solar capacities. station to the plant yard, enabling coal delivery from the Amelia
AGEL’s plans align with its broader vision of establishing a coal mines to Khurja STPP through Danwar station. The company
comprehensive RE manufacturing ecosystem spanning wind, has also reported that several key project milestones have been
solar, electrolyser, and associated equipment at Mundra achieved, such as the boiler light-up of Unit 1 and the auxiliary
in Gujarat. Jaain, who also serves as a Director at Adani New boiler light-up, indicating that the construction is proceeding
Industries (ANIL), a subsidiary of Adani Enterprises (AEL), revealed according to schedule.
expansion plans for manufacturing capacities until 2027. “Ultimate
aim is to go for a minimum of 5 GW in wind and 10 GW for solar INOX WIND SECURES REPEAT 210 MW PROJECT ORDER
with a complete manufacturing ecosystem,” he affirmed. FROM HERO FUTURE ENERGIES
Wind energy solutions provider, Inox Wind, has successfully secured
AMARA RAJA INFRA SECURES 500 MW SOLAR PROJECT a repeat order for 210 MW of its 3 MW wind turbine generators
IN ANDHRA PRADESH FROM GREENKO from Hero Future Energies (HFE). In addition to supplying the wind
Amara Raja Infra Pvt Ltd has announced its successful bid for turbine generators, Inox Wind will also provide post-commissioning
a 700 MWp solar project from Greenko in Andhra Pradesh. The multi-year Operations & Maintenance (O&M) services, according
company’s statement revealed that this achievement has to a statement released by the company. The order specifically
bolstered Amara Raja Infra Private Limited’s (ARIPL) order book to pertains to Inox Wind Ltd’s state-of-the-art 3 MW Wind Turbine
`1,516 crore as of the end of FY24. Generators (WTGs), with the scope including equipment supply
In a statement, ARIPL expressed pride in securing this significant along with certain add-on services, as outlined in the statement.
milestone in the renewable energy sector, emphasizing the These WTGs are slated to be supplied to HFE starting from Q3
magnitude of the project with Greenko. The solar project, spanning FY25 and will be installed in South India. Kailash Tarachandani,
across a 2,200-acre site near Uyyalavada Town in Kurnool district, CEO of Inox Wind, expressed his enthusiasm about the significant
involves Engineering, Procurement, and Construction (EPC) of the repeat order, highlighting Hero Future Energies as a longstanding
entire balance of system (BoS) for the 700 MWp (Megawatt peak) partner. He emphasized the confidence in Inox Wind’s 3MW WTGs,
project. It forms part of Greenko’s Integrated Renewable Energy renowned for their efficiency in the industry and that this order
Project. underscores the company’s growth trajectory and outlook.

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