Adani Green Energy receives LoA for 500 MW energy storage capacity Back

<P>Adani Saur Urja (KA), a wholly-owned subsidiary of&nbsp; Adani Green Energy, has received a Letter of Award (LOA) from Assam Power Distribution Company (APDCL) for procurement of 500 MW energy storage capacity from Pumped Hydro Storage plant. </P> <P>The capacity is secured through the competitive bidding conducted by APDCL. </P> <P>The Annual Fixed Cost (tariff) payable under the LOA is Rs. 1,02,92,887 per MW per Annum for the entire period of 40 years from COD. </P>