India's NHPC signs 600-MW solar EPC agreement with Adani Infra

• Indian hydropower manufacturer NHPC Ltd (BOM:533098) has actually authorized the agreement it granted previously to Adani Infra (India) Ltd for the construction of a 600-MW solar energy plant in Gujarat.

NHPC revealed in a declaration that the engineering, procurement and also construction (EPC) offer was inked on June 9, 2022 in the presence of authorities from both sides.

Adani Infra won the job in May when NHPC likewise granted 300 MW in Rajasthan to Tata Power Solar Systems and also 100 MW in Andhra Pradesh to a joint venture in between SSEL and also ASR. The mixed worth of the 3 contracts amounts to INR 66 billion (USD 845m/EUR 807m).

The solar parks should be completed within 18 months.