Resolven Signs 25-Year Power Supply Agreement for 180-MW Wind Project in Andhra Pradesh
Resolven inks 25-year power supply pact with SECI for upcoming 180-MW wind energy project in Andhra Pradesh
The Economic Times
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Resolven has entered a 25-year agreement with the Solar Energy Corporation of India (SECI) to supply electricity from a 180-MW wind energy project in Andhra Pradesh. The project, developed by Ganeko Three Energy, is expected to generate around 490 million units of clean energy annually, powering approximately 460,000 households and reducing carbon emissions by 0.4 million tonnes each year.
- 01Resolven signed a 25-year power purchase agreement with SECI.
- 02The wind project will generate approximately 490 million units of clean energy annually.
- 03The project will power around 460,000 households across India each year.
- 04It is expected to reduce carbon emissions by 0.4 million tonnes annually.
- 05Resolven aims to deliver 10 GWp of renewable energy assets by 2030.
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Resolven, a clean energy producer backed by EQT, has signed a 25-year power purchase agreement with the Solar Energy Corporation of India (SECI) for a 180-MW wind energy project in Andhra Pradesh. The project, developed by Resolven's subsidiary Ganeko Three Energy Private Limited, is set to produce approximately 490 million units of clean energy each year. This output is sufficient to power around 460,000 households across India annually and is projected to lead to a reduction of 0.4 million tonnes of carbon emissions per year. Parag Sharma, CEO of Resolven, emphasized that this agreement is a significant step in enhancing their wind energy portfolio and aligns with their goal of becoming a diversified renewable energy platform. With over 2.5 GWp of capacity under construction and a target of 10 GWp by 2030, Resolven is committed to delivering a balanced and sustainable energy mix.
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This project will significantly contribute to clean energy generation in Andhra Pradesh, reducing reliance on fossil fuels and lowering carbon emissions.
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