Opportunity Sri Lanka | » Adani Green begins generation from world’s largest renewable energy park
Adani Green begins generation from world’s largest renewable energy park

Adani Green begins generation from world’s largest renewable energy park

Daily FT: Adani Green Energy Limited (AGEL), One of South Asia’s largest renewable energy (RE) company and the second largest solar PV developer in the world, has operationalised 551 MW solar capacity in Khavda, Gujarat, India.
AGEL achieved this milestone within 12 months of commencing work on the Khavda RE park, starting with the development of basic infrastructure, including roads and connectivity, and creating a self-sustaining social ecosystem.
AGEL also transformed the challenging and barren terrain of the Rann of Kutch into a habitable environment for its 8,000-strong workforce.
AGEL plans to develop 30 GW of renewable energy capacity at this RE park. The planned capacity is expected to be operationalised in the next five years. When completed, the Khavda RE park will be the largest renewable energy installation in the world.
Energy from the Khavda RE park can power 16.1 million homes each year. With proven expertise in developing large-scale renewable projects, a robust supply chain network and technological prowess, AGEL is best positioned to build this record-setting giga-scale plant with no parallel in the world’s clean energy sector.
The region is endowed with one of the best wind and solar resources in the country, which makes it ideal for giga-scale RE development. AGEL conducted extensive studies and deployed multiple innovative solutions to accelerate the development of the plant. In the process, it is supporting the development of an indigenous and sustainable supply chain.
“Adani Green Energy is creating one of the world’s most extensive renewable energy ecosystems for solar and wind,” said Adani Group Chairman Gautam Adani. “Through bold and innovative projects like the Khavda RE plant, AGEL continues to set higher global benchmarks and rewrite the world’s planning and execution standards for giga-scale renewable energy projects. This milestone is a validation of the Adani Group’s commitment and leading role in accelerating India’s equitable clean energy transition journey towards its ambitious goals of 500 GW of renewable energy capacity by 2030 and carbon neutrality.”
Over the last 5 years, Adani Green conducted multiple studies, such as geotechnical investigation, seismic study, centrifuge tests, resource assessment studies, land studies, environment and social impact assessment, environmental and social due diligence, and detailed feasibility studies, amongst others, before embarking on the development of this site. AGEL deployed innovative solutions at Khavda, which will provide a scalable blueprint for giga-scale RE parks across the globe. For example, to address the unique soil strata, AGEL deployed underground stone columns to enhance soil strength.
The company is deploying India’s largest onshore wind turbine generator of 5.2 MW capacity, bifacial solar PV modules, and horizontal single-axis tracker systems. It will be leveraging its state-of-the-art Energy Network Operation Centre (ENOC) platform with AI/ ML integration to enable real-time.

OSL take:
India’s Adani Group has already entered into agreements with Sri Lanka to set up several renewable energy generation projects as well as the construction of the West Container Terminal (WCT) at the Colombo Port. The confidence shown by the likes of India’s Adani Group in Sri Lanka is indicative of the expanding opportunities in Sri Lanka as well as the country’s growing business potential. Sri Lanka is on the path to becoming an emerging business destination in the South Asian region supported by the country’s strategic positioning in the Indian Ocean as well as the strong and expanding trade ties. Sri Lanka’s increasing business/investment opportunities covering all key economic sectors therefore present a host of lucrative business/investment opportunities for foreign businesses/investors.

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Article Code : VBS/AT/20240226/Z_8

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