AGEL unit signs deal for energy storage in Uttar Pradesh
The agreement covers pumped hydro storage projects.
Adani Green Energy Limited (AGEL) has entered into a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited for 1,250 megawatts of energy storage capacity.
In a bourse filing, AGEL said the agreement was signed by its wholly-owned step-down subsidiary Adani Hydro Energy Five Limited.
The deal involves supplying energy storage capacity from Pumped Hydro Storage Projects.
The PPA was executed on 23 April 2025.