Cabinet approval for wind power projects with Adani GroupNewsCabinet has approved a proposal to purchase electricity at 8.26 US Cents per KW from the proposed wind power stations in Mannar and Pooneryn. The power stations will contribute 484 Mega Watts to the national grid. On March 7, 2022, Cabinet approval was given to enter into a Memorandum of Understanding with M/s Adani Green Energy Limited of India to develop wind power stations in Mannar and Pooneryn. Accordingly, a negotiation committee was appointed by Cabinet in order to evaluate the project proposal furnished by the said Company. Approval was also granted to award this tender to M/s Adani Green Energy SL Limited for a period of 20 years.

Source: Sunday Times May 07, 2024 20:16 UTC