In the last two years, it has announced at least two big solar power projects—a 10,000MW solar power park in Rajasthan where the firm plans to put up half the capacity itself; and a 648MW solar power plant in Tamil Nadu. The group’s entry into solar power began when Adani Power commissioned a 40MW solar plant in Kutch district of Gujarat in 2011. Parimal said the company’s completed and under-construction pipeline of solar projects will reach 3,500MW by the end of fiscal 2017. Adani Green Energy Ltd, the group’s solar unit, has received a proposal and is evaluating the same, chief executive officer Jayant Parimal said in Mumbai on Friday. Following a restructuring of the group in 2015, Adani Enterprises currently executes all solar and renewable energy projects through the Adani Green Energy unit.

Source: Mint June 10, 2016 14:41 UTC