1.04GW Andhra Hybrid Energy Project
Sector: Energy Storage • Location: Kurnool, Andhra Pradesh, India
Source: Deccan Herald
REC Ltd has sanctioned Rs 7,500 crore to finance a 1.04 Gigawatt (GW) hybrid energy project in Kurnool, Andhra Pradesh. The total investment for the project is estimated at Rs 9,910 crore. The project is developed by Evren, a clean energy platform launched by Brookfield and Axis Energy. It is the first Firm Dispatchable Renewable Energy (FDRE) project with state connectivity and a state Power Purc
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Status
Original status | awarded |
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Taiyo last update | 00-00-0000 |
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Description
Description | REC Ltd has sanctioned Rs 7,500 crore to finance a 1.04 Gigawatt (GW) hybrid energy project in Kurnool, Andhra Pradesh. The total investment for the project is estimated at Rs 9,910 crore. The project is developed by Evren, a clean energy platform launched by Brookfield and Axis Energy. It is the first Firm Dispatchable Renewable Energy (FDRE) project with state connectivity and a state Power Purchase Agreement (PPA), combining 640 MW wind and 400 MW solar power, with battery storage for peak requirements. |
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Original Currency | USD |
Original budget | 000000000000000 |
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Location
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Data quality score | 100% |
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