Enel Green Power Wins Solar Tender in India
June 30 2020 - 9:01AM
Dow Jones News
By Giulia Petroni
Enel Green Power SpA said Tuesday that its subsidiary EGP India
has been awarded the right to sign an energy supply contract for a
420-megawatts solar project in India.
The Rome-based renewable energy company said the contract, which
has a duration of 25 years, was awarded under the 2 GW Ninth
Tranche at a national solar tender issued by the Solar Energy
Corporation of India Ltd.
The solar plant, which would be the first in the country, will
involve an investment of about $180 million, according to Enel
Green Power. It is expected to start operations at the end of
2021.
The company said the facility will be able to generate more than
750 gigawatts hour of renewable energy per year.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
June 30, 2020 08:46 ET (12:46 GMT)
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