Adani Green Energy Limited to acquire SkyPower Global's 50 MW Solar Asset in Telangana
Adani Green Energy Limited (AGEL) on Saturday announced that it has signed a share purchase agreement for acquisition of 100 per cent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global.
The project is located in Telangana and was commissioned in October 2017 and has a long-term Power Purchase Agreement (PPA) with the Southern Power Distribution Company in the state. Source: Reuters